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US business travel to decline 15% in 2009, and see its share of total travel drop

US business travel to decline 15% in 2009, and see its share of total travel drop

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If these are tough times for the whole travel industry, business travel is undoubtedly more affected than the rest: from 2007 to 2010, its share is dropping from 39% to 35% of the total US travel market.

A report by PhoCusWright highlights fundamental shifts that are changing the business travel industry. According to the travel research company, US business travel will drop 15% in 2009, to US$85 billion. These data are published in PhoCusWright

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