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  1. #1
    Member brandon184's Avatar
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    Business travel spending declines $185M (so far) under Trump

    Business travel spending declines $185M (so far) under Trump

    President Trump’s immigration ban — which was put on hold after one week — may have cost $185 million in business-travel bookings, according to a new report from the Global Business Travel Association (GBTA).

    Using industry data, the GBTA compared business-travel transaction levels in the week before and the week after Trump signed the executive order on immigration and refugees.

    The research found that travel bookings increased 1.2 percent the week before the travel ban, but decreased by 2.2 percent the week after, for a net decrease of 1 percent. That amounts to an estimated $185 million loss for the business-travel industry, the report says.

    The countries targeted in the temporary travel ban — Iraq, Syria, Sudan, Iran, Somalia, Libya and Yemen — make up a small fraction of incoming travel to the U.S. and don’t crack the top 20 travel markets to the country, according to the U.S. Travel Association.

    But the GBTA said the uncertainty surrounding U.S. travel is having a “rippling effect on traveler confidence.”

    “Business travel drives lasting business growth and is a leading indicator for jobs and the economy at large,” said Michael W. McCormick, GBTA’s executive director. “Upholding the travel ban will clearly cause a rippling effect through the travel industry, ultimately hurting the economy. It also unleashes travel disruption like we saw when the order was first implemented.”

    In a poll last week, the group found that nearly half of European professionals expected their company to reduce business travel over the next three months, while 31 percent of American respondents agreed. Of all U.S. business travel in 2016, 87.3 percent was domestic and 12.7 percent was international.
    Anecdotally I know of a handful of people whose business travel plans have been needlessly interrupted or delayed in some form due to the uncertainty and chaos created by the Trump administration.

    I thought Trump was focused on getting out of the way of business and creating jobs?
    Last edited by brandon184; February 14th, 2017 at 11:58 PM.
    THE DONALD FOR AMERICA

  2. #2
    Tech IMO Bug Finder pickel's Avatar
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    You're breaking my Heart, Brandon.

    Go To Meeting Dot Com

    Too much wasted dollars on Unnecessary travel and "Padded" expense accounts anywho, costing consumers Millions.

    Saw that ALL my working days.
    Watched many get fired for being "Too Greedy"
    http://www.youtube.com/watch?v=JOtab0BKOGY
    The Nation which forgets it's defenders will itself be forgotten
    You cannot make peace with dictators. You have to destroy them–wipe them out!

  3. #3
    AGW Trained Seal tony_j15's Avatar
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    LOL, you can't inspect actual material being produced on your behalf except by visiting the manufacturer. Business deals aren't closed over the phone. These are Type-A people who do work face to face.

  4. #4
    Member brandon184's Avatar
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    I'm not going to argue the merits of in-person business transactions. It's kind of ironic that a baby boomer is willing to dismiss the effects of the travel ban by telling people to "JUST TEXT EACH OTHER!"... Not how business is or can be done a lot of the time, even in 2017. Large scale networking events and conferences cannot be done over GoToMeeting.

    And it's not just business travel spending that is affected by this ban, it's actual leisure tourism as well, probably to a far greater extent.
    THE DONALD FOR AMERICA

  5. #5
    Tech IMO Bug Finder pickel's Avatar
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    Quote Originally Posted by tony_j15 View Post
    LOL, you can't inspect actual material being produced on your behalf except by visiting the manufacturer. Business deals aren't closed over the phone. These are Type-A people who do work face to face.
    Still in the Nineteenth Century.?

    The company I worked for besides conference calls ,used Skype and other means of communications to make Million dollar deals .
    We have solves major technical problems without their representatives make a one on one call.
    Most "Business" dealings involve 20% business 80% BS and partying.

    Been there Done that...........

    PS Remember "Playboy after Dark"???

    Proly..Too Young....
    Last edited by pickel; February 15th, 2017 at 03:32 PM.
    http://www.youtube.com/watch?v=JOtab0BKOGY
    The Nation which forgets it's defenders will itself be forgotten
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  6. #6
    AGW Trained Seal tony_j15's Avatar
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    Guess we'll just have vets check in with their VA doctor via Skype, then. No need for these expensive business trips to hospitals.

  7. #7
    Tech IMO Bug Finder pickel's Avatar
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    Quote Originally Posted by tony_j15 View Post
    Guess we'll just have vets check in with their VA doctor via Skype, then. No need for these expensive business trips to hospitals.

    The Global Business Travel Association (GBTA).
    This has Nothing to do with Domestic travel.

    Getting your lines from Nancy KnowNothing Ski ????

    " That's NOT "Fake News" "

    Actually, With "Vet Health" online, many problems and medications can be can be solved and renewed without a one on one visit.

    Thought You knew all about the VA >> Guess not

    https://www.myhealth.va.gov/

    https://www.myhealth.va.gov/mhv-port...ging-spotlight
    Last edited by pickel; February 15th, 2017 at 04:14 PM.
    http://www.youtube.com/watch?v=JOtab0BKOGY
    The Nation which forgets it's defenders will itself be forgotten
    You cannot make peace with dictators. You have to destroy them–wipe them out!

  8. #8
    AGW Trained Seal tony_j15's Avatar
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    I'm well aware, merely trying to dumb down the situation into language you might comprehend.

  9. #9
    Tech IMO Bug Finder pickel's Avatar
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    Quote Originally Posted by tony_j15 View Post
    I'm well aware, merely trying to dumb down the situation into language you might comprehend.
    Sorry, the realization of your lack of knowledge hurts your ego.

    I'll be, more than glad, to be your Guidance Counselor....
    http://www.youtube.com/watch?v=JOtab0BKOGY
    The Nation which forgets it's defenders will itself be forgotten
    You cannot make peace with dictators. You have to destroy them–wipe them out!

  10. #10
    Member brandon184's Avatar
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    Pickel and Tony:

    THE DONALD FOR AMERICA

  11. #11
    AGW Trained Seal tony_j15's Avatar
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    Nowhere near enough crumbs on that shirt to be mine.
    FAKE NEWS.

  12. #12
    Member brandon184's Avatar
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    THE DONALD FOR AMERICA

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