What Does the Trump Presidency Mean for the Travel Industry?

After a long and contentious campaign, the United States Presidency leaves the world with a variety of questions that impact foreign policy, immigration, military considerations, the economy, and many other areas. The travel industry is certainly one area with a number of considerations to weigh. One of the reason President-Elect Donald Trump’s campaign was so controversial was his stance on relations with many foreign countries. Whether it was his insistence that the United States would curb immigration from Mexico by building a wall between the neighboring countries, or declaring that Syrian refugees would not be welcome, or suggesting that U.S.-Russian […]

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Business Travel Buyers Face Challenges in 2016

The Business Travel Show recently released its sixth annual forecast for business travel buying. This survey and forecast provides indicators that help business travel buyers anticipate coming challenges. Results of the forecast for 2016 show that business travel buyers are concerned about the coming year.                         While travel costs are rising, according to the survey, business travel budgets are increasing at a slower rate than previous years. Twenty-five percent of buyers surveyed expect budgets to drop next year, compared to only 20% who expected smaller budgets during 2015. In […]

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