Economy, not security, responsible for fall in business travel

Jul 17, 2003 12:00 PM


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Security concerns and inconveniences seem to be decreasing among business travelers. According to a recent National Business Travel Association (NBTA) survey, 61 percent of travel managers say they have not been hearing complaints from their travelers regarding security inconveniences or inconsistencies.



Other results of the survey indicate a satisfaction with current airport security levels. In the 2002 survey, 45 percent of respondents pointed to improving security as the second most important factor in turning around travel levels. In contrast, this year's survey indicates that security ranks second-to-last, with a mere 8.6 percent.



"Security hassles are less of a concern as security measures improve and business travelers become more familiar with the procedures," says NBTA President and CEO, Kevin Iwamoto. "As this and past NBTA surveys have shown, economic conditions must improve before business travel will return to normal levels."



Economic concerns remain the major factor hindering the turnaround, as 74 percent of respondents said that the healthy financial well-being of their company is essential for the rebound of business travel.


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