How much did companies the world over spend
on business travel in 2016?
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our
business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial,
business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses
on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect
on aircraft demand and build rates of changing customer preferences for
business aircraft, including the effect of global economic conditions
on the
business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact
on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact
on the demand for air
travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns
on pension plan assets and the impact of future discount rate changes
on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco
on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted
on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence
on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments
on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest
on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco
business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to
business relationships and other
business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing
business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Dennis Lennox, who reportedly spends more than 200 nights a year
in hotels
on business travels, told The Journal.
We also learn about James» world
travels for the international tv show «Sun Tzu's War
on Business», and what he learned about the differences of Entrepreneurs
in different countries.
Whether you're
traveling for
business or pleasure, these gadgets can help keep you
on track,
in touch and entertained across the miles.
Using the site, you can take advantage of the down time you will have
on a
business trip by uploading your
travel itinerary, and finding a fellow entrepreneur
in another city to invite to coffee.
On the flipside, let's remember my case study from my time at iExplore, right after 9 - 11, with the
travel business imploding
in the wake of terrorism.
At a Thanksgiving dinner party
in 2012, four Harvard
Business School MBA students had a plan: Rather than spend their upcoming summer interning at big corporations or traveling the world, they were going to drive around the United States consulting entrepreneurs with a social purpose on key business
Business School MBA students had a plan: Rather than spend their upcoming summer interning at big corporations or
traveling the world, they were going to drive around the United States consulting entrepreneurs with a social purpose
on key
businessbusiness issues.
«Wizz Air UK is a key part of our Brexit contingency plan... and the natural next - step
in the development of our UK
business, putting us
in a strong position to take advantage of opportunities that may arise
in what remains Europe's largest
travel market,» Wizz CEO József Váradi said
on Thursday.
It's my time to listen to NPR and find out how world events might be affecting our
travel business, to mediate
on the beauty of my drive down the Merritt Parkway
in Connecticut, to make a few personal calls, and to reflect
on how grateful I am for what waits for me
on the bookends of my drive.
The #DeleteUber campaign
on Facebook and Twitter erupted when Uber was accused of breaking a taxi strike
in New York, right around the time Kalanick was taking heat for sitting
on the president's
business - advisory council
in the midst of public outcry regarding Trump's
travel ban.
«Because we are
in the hospitality and recreation
business, which is largely dependent
on discretionary spending,» the company's latest financial report explains, «we believe that the weak housing market, increases
in unemployment, decreases
in air flights to Las Vegas, decreases
in the value of stock and other investments, and the general tightening of spending
on business travel have all affected visitations to Las Vegas and the spending budget of our customers.»
In an effort to get your business moving in the right direction, you decide to try online marketing - listings on travel websites, pay - per - click ads and promotional email campaign
In an effort to get your
business moving
in the right direction, you decide to try online marketing - listings on travel websites, pay - per - click ads and promotional email campaign
in the right direction, you decide to try online marketing - listings
on travel websites, pay - per - click ads and promotional email campaigns.
In 2012, professionals in the U.S. spent $ 262 billion on business travel, including both domestic and international trips, according to a report from the business travel and corporate meetings organization GBTA, released toda
In 2012, professionals
in the U.S. spent $ 262 billion on business travel, including both domestic and international trips, according to a report from the business travel and corporate meetings organization GBTA, released toda
in the U.S. spent $ 262 billion
on business travel, including both domestic and international trips, according to a report from the
business travel and corporate meetings organization GBTA, released today.
«We've got people
in mind who are dependant
on full signal everywhere, such as doctors,
travelling business leaders, and so
on,» he explains.
Based
on the GBTA study of 75 countries, here's a look at the top 15 by total
business -
travel spending
in 2012, with percentage growth from the previous year:
And while
business travel in Western Europe has been
on the slower side, as Spain, Italy, Portugal and Greece have struggled with crippling debt, the GBTA says the worst is over and expects
business travel in those regions to begin picking up.
Businesspeople from the U.S. spend more
on work - related
travel than corporate travelers from any other country in the world, but Chinese business - travel spending is expected to overtake the U.S. in the near future, according to a new report from the Global Business Travel Associ
travel than corporate travelers from any other country
in the world, but Chinese
business - travel spending is expected to overtake the U.S. in the near future, according to a new report from the Global Business Travel Asso
business -
travel spending is expected to overtake the U.S. in the near future, according to a new report from the Global Business Travel Associ
travel spending is expected to overtake the U.S.
in the near future, according to a new report from the Global
Business Travel Asso
Business Travel Associ
Travel Association.
She
travels from home
in California to Toronto four times a year, and is looking for an apartment
in the city for when she's here
on company
business.
Emirates»
business has suffered under Trump's
travel bans affecting predominantly Muslim nations, as well as the recent ban
on laptops
in airplane cabins.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins operate
in the U.S. and globally and any changes therein, including financial market conditions, fluctuations
in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand
in construction and
in both the commercial and defense segments of the aerospace industry, levels of air
travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges
in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired
businesses into United Technologies» existing
businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including
in connection with the proposed acquisition of Rockwell; (7) delays and disruption
in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new
business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes
in political conditions
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate, including the effect of changes
in U.S. trade policies or the U.K.'s pending withdrawal from the EU,
on general market conditions, global trade policies and currency exchange rates
in the near term and beyond; (16) the effect of changes
in tax (including U.S. tax reform enacted
on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition
on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger
on the market price of United Technologies» and / or Rockwell Collins» common stock and / or
on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation of their
businesses while the merger agreement is
in effect; (21) risks relating to the value of the United Technologies» shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Trivago CEO Rolf Schroemgens weighs
in on President Trump's recent
travel ban
on certain countries, and how populism impacts his
travel business.
Peter Dawyot, founder of the boutique advertising agency Publicus Community
in Raleigh, N.C., learned of his mother's passing while
traveling on business to secure a contract with a client.
Dip
in share prices and bond yields, along with the upcoming election has had an impact
on the state of the global economy, causing a setback
in business travel growth.
«Georgia and our
businesses are global competitors; we need direct air
travel to provide our companies with immediate access worldwide,» Deal said
in a statement
on February 6.
The serial entrepreneur and investor, who serves
on the faculty at the University of Texas at Austin's McCombs School of
Business, spent several years as a kid living
in Tokyo and fueled a lifelong zest for
travel, which his international consulting practice provides plenty of today.
If I'm out networking,
traveling on business or
in my home office with the door shut, I have peace
in my heart because my kid is happy and fulfilled since she's playing, cooking or running around with you.
Take notes
on meetings you attend while
traveling, keep programs of conferences you attend, sign
in to conferences, and keep e-mails sent to those you met with during
business meetings.
A TfL spokesperson told
Business Insider: «Members agreed that we should examine how we could use our unique position to encourage more diversity
in advertising, reflecting the huge range of people who
travel on our transport network every day.
If you
travel for
business, chances are you're enrolled
in a lot of loyalty programs for airlines, hotels, car rental agencies, and so
on.
I have taken my family
on three free vacations
in the past year, and I
travel in business class for free
on 85 percent of my flights.
For more
on the Best
in Business Travel 2015, visit travelandleisure.com/best-
in-
business-
travel.
For more
on Fortune and
Travel + Leisure's Best
in Business Travel 2015, visit travelandleisure.com/best-
in-
business-
travel.
Since our article went live
on Jan. 25, Extended Stay America (stay) has risen 26 %, buoyed by a steady revival
in business travel.
The majority of money spent
on business travel is within the U.S. Only $ 33.1 billion, or about one - tenth of the total, is expected to be spent
on international
business travel in 2013, according to the report, representing an increase of 3 percent over the previous year.
Everything: Live
in a commune, create a magazine, buy a nightclub, breed budgerigars, build a recording studio, start a
business, crash that
business, build a train company, launch a space - tourism company, start a racing team, create a cosmetics line,
travel around the world
in a hot air balloon and live
on a private island.
Virgin America, which was recently named the best airline
in the U.S. for
business travel, is based
in Silicon Valley and it's the only airline to offer WiFi
on every flight and a power outlet at every seat.
OUTLOOK: Despite the gloom and doom that surrounds the
travel - agency
business (shrinking airline commissions, recession anxieties, and so
on), the cruise industry is growing at a full - throttle pace, with potential bookings for the next five years estimated at $ 85 billion
in total.
The uncertainty around the globe — including decrease
in share prices and bond yields, along with the upcoming election — has had an impact
on growth
in the
business travel industry.
The US has rolled back
on some of the historic normalization efforts put
in place by former President Barack Obama towards Cuba by imposing new
travel and
business restrictions.
RRSPs can lower taxes for adults
in the workforce if they are planning
on taking a break from work for personal reasons, such as to start a
business, have a baby,
travel or write a book.
In a previous column about successful
business travel, I mentioned the concept of working
on smaller tasks as a way to build momentum and get your work started.
The fundraising rarely stops
in the early years of growing a startup, and the founder's attention is often taken away from the core
business to
traveling from meeting - to - meeting to bring
on new investors.
Board member Merrill «Pete» Miller, for example, the chief executive of National Oilwell Varco and Chesapeake's lead independent director, took $ 160,000
in free personal flights — twice as much as he spent
on business travel.
The Beat Live, a
travel business conference, is a thought - provoking event focused
on the key issues
in travel distribution, technology and managed corporate
travel.
Spending
on business travel initiated
in China was
on pace to grow 11.2 percent last year and should grow another 10.7 percent
in 2016, based
on GBTA's year - over-year projections.
Further demand increases and a lack of new hotel supply point to per - diem increases
in 2016, but economic and geopolitical instability
in Europe casts uncertainty
on this year's currency exchange rates and
business travel pricing.
If you have one, a few or many employees who are consistently spending money
on business affairs for your company, supplying them with company credit cards may save your
business hassle
in expense reporting and give you perks
in travel or cash rewards.
Earn Hilton Honors Bonus Points for each dollar of eligible purchases
on your Card: 12X at hotels & resorts
in the Hilton portfolio, 6X
on Select
Business &
Travel Purchases, 3X Everywhere Else.
Most of the
business credit cards we review tend to shine
in a few select categories — most often
on purchases made at office supply stores or
travel.