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Business Benefits

Driving Business Success

A robust and irrefutable relationship exists between a company's investment in business travel and its profitability and – by extension – the U.S. economy. This segment includes travel for internal meetings, trade shows, conferences, incentive programs and sales. In 2010, travel for business purposes directly generated spending in excess of $230 billion spending annually and more than 2 million U.S. jobs.

RETURN ON INVESTMENT

In a landmark study, Oxford Economics successfully measured the return on investment of business travel. For every dollar invested in business travel, businesses experience an average $12.50 in increased revenue and $3.80 in new profits, according to the findings. More >

MEETINGS MEAN BUSINESS

Face-to-face meetings play a crucial role in business as well as our economy. The study, "The Economic Signficance of Meetings", conducted by PricewaterhouseCoopers along with industry partners, was the first of its kind to quantify the contributions of the 1.8 million meetings, trade shows and events. More >

CEIR STUDY

The Center for Exhibition Industry Research conducted a 2010 study in conjunction with Oxford Economics to assess the economic impact of losing international participation in exhibitions due to U.S. visa issues. More >

TOTAL BUSINESS TRAVEL SPENDING

Business travel expenditures directly generated more than $230 billion in revenue in 2010 for the United States and accounted for $22 billion in tax receipts. See state-by-state economic impact. More >

MEETINGS & EVENTS SPENDING

Four out of every ten dollars spent on business travel in the U.S. can be attributed to meetings and events, proving its significant value to national and state economies. See state-by-state comparisons for this slice of business travel. More >

EMPLOYMENT

More than 2 million U.S. jobs in every state are directly linked to spending by business travelers. More >