According to a new survey released by Runzheimer International, business travel was up in 2010. The study cites that:
49% of the 70 organizations surveyed are increasing travel expenses in 2010. Of those respondents, 48% reported an increase in the number of domestic trips as the main reason for the rise in costs.
Air travel makes up 43% of the travel costs, with 24% dedicated to lodging.
Businesses are still keeping cost control a high priority, with 88% controlling costs by encouraging use of preferred vendors, 75% encouraging travel alternatives (web, telephone or video conferencing) and 72% are reducing attendance at conferences and conventions.
Business trips have decreased in duration: A two-day trip is the average length reported by 46% of the respondents, while a three-day trip was the average for 40%.
42% of respondents reported that their frequent travelers are on trips between 31 and 75 days each year, which is up from 29% in 2008.
Overall, 2010 has seen an increase in business travel, which means 2011 will likely follow that trend. runzheimer.com (Nov. 19, 2010) [Content provided by Smart Meetings.com]
The Hilton Los Angeles / Universal City is a leader in offering accommodations and amenities for business travelers. Currently ranked #19 business hotel in Los Angeles on TripAdvisor, the facilities are built to promote productivity within classic comfort. For reservations, contact 818.506.2500 or visit the hotel online at www.hiltonuniversal.com.
Whether you are a local or a tourist, on business or here for fun, Universal City has something for everyone. Over 30 one-of-a-kind shops and 20 outdoor eateries is just the start of the list. Try cool activities like iFly or Xtreme Ride Cinema to name a few of the highlights at CityWalk Hollywood. Plus carve out time for the entertainment of Universal Studios theme park and their newest attraction King Kong 3D 360. It is getting rave reviews from guests and locals alike. Already experienced King Kong? Tell us your thoughts in the comments below.
The Hilton Universal City is a AAA Four Diamond hotel with over six acres of landscape in the Hollywood Hills. Comfortably elegant guest rooms feature Suite Dreams beds and spectacular views of Los Angeles glittering lights. Don’t forget to try Cafe Sierra Restaurant’s award winning weekend buffet, a favorite of LA locals many years over. Also take advantage of the fitness center, 24 hour room service, and outdoor pool while visiting. Never underestimate what a little sun while resting under a California palm tree, can do for the mind, body and spirit. Relax a little… you deserve it.