Biz Travel A Bright Spot In Jobless Recovery

Posted on September 6, 2011 by LCT Magazine

NO CREDIT TO BIZ TRAVEL BADMOUTHER PRESIDENT OBAMA: At least something seems to be going right amid the jobs-n-stagnation malaise we last saw in the heyday of Studio 54. Latest projections show 2012 business travel spending worldwide is likely to top $1 trillion. Such a genuine version of a trillion-dollar stimulus program should benefit chauffeured transportation and charter and tour companies whose fortunes are tied to a mostly private sector economy full of people on the move. But don't take it for granted; the government still has myriad ways to screw up or spook entire industries and sectors. -- Martin Romjue, LCT editor

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