Posted on 08. Jan, 2010 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
It’s something we in the corporate housing industry talk about a lot, but it’s always good to see evidence of what we all believe to be true!
According to research conducted by Oxford Economics, a consulting firm that collaborates with Oxford University’s business college, for every dollar companies spend on business travel, they get an average of $12.50 in revenue and $3.80 in profit.
Just a nice little nugget of information that confirms what we already know–the best times for corporate housing and business travel and growth are ahead of us, not behind us.
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