Drop In Energy Prices Hits Carlson Wagonlit

Posted on February 17, 2016

According to the travel management firm’s 2015 financial results, transactions in Latin America fell 7.8 per cent due to the “weight of the energy sector” and “economic recession in Brazil."

There were also drops in transactions in Europe, Middle East and Africa, although North America saw sales climb 1.1 per cent. Asia Pacific volumes were stable.

Buying Business Travel article here

Related Topics: business travel, corporate travel, economic outlook, Europe, fuel prices, procurement, recession

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