Industry Research

LCT Fact Book Offers More Helpful Stats

Posted on May 9, 2011 by LCT Staff - Also by this author

FINDING MORE RUNS: What are projections for business travel spending? What are the best/worst states to do business? Which convention centers in the U.S. draw the most events?

Below is a sampler of the additional data published in the 2011-2012 LCT Fact Book & Industry Guide that complement core facts from the operator survey.

BUSINESS TRAVEL REVENUES

Business travel revenues projected for 2011 (US-origin spending)

Q3: $61.21 billion Q4: $62.23 billion

Total = $244.59 billion

Business travel revenues by year

2010 = $234.13 billion 2009 = $222.74 billion 2008 = $259.35 billion 2007 = $268.76 billion

Business travel revenues projected for 2012(US-origin spending)

Q1: $64.45 billion Q2: $65.33 billion Q3: $66.33 billion Q4: $67.42 billion

Total = $263.53 billion

Source: Global Business Travel Association (GBTA)

BEST/WORST BUSINESS CLIMATES

Top 5 worst states for small businesses

1. New York 2. California 3. New Jersey 4. Connecticut 5. Ohio

Top 5 best states for small businesses

1. South Dakota 2. Alaska 3. Wyoming 4. Nevada 5. Florida

Source: Tax Foundation; According to 2011 Small Business Tax Climate Index

Top 10 Convention/Meetings Facilities in the USA

1. McCormick Place, Chicago 2. Las Vegas Convention Center, Las Vegas 3. Washington Convention Center, Washington, D.C. 4. Orange County Convention Center, Orlando 5. Georgia World Congress Center, Atlanta 6. Dallas Convention Center, Dallas 7. The Moscone Center, San Francisco 8. Nashville Convention Center, Nashville 9. San Diego Convention Center, San Diego 10. Ernest Morial Convention Center, New Orleans

Source: Travel Industry Association of America/GBTA (formerly NBTA)

 

 

 

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