Business travel picks up in US and Europe
A new survey of business travellers has found a significant reduction in the worldwide slump, brought about the war in Iraq.
According to US-based travel management company Rosenbluth International Travel, business travel from the US was down only 10% compared with 28% when the war first broke out.
In Europe it dropped to just 5%, a fall of about 10%. Elsewhere in Asia only Japan suffered as a result of the war, although trips were cut to Hong Kong, Taiwan, Singapore and China as a result of the Sars outbreak.
In January, the average amount spent on business travel in the US fell by a third to reach its lowest level in a decade, a report found.