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Business travel management programs, like IHG's Business Edge, make booking travel easier and more efficient. According to the US Travel Association, total business travel spending is expected to reach $280.8 billion by 2026. Projected US business travel spending by yearYear Projected US Business Travel Spending 2023 $247.8 2024 $265.5 2025 $276.3 2026 $280.8 2027 $282.7Below are a few ways a travel management program like IHG Business Edge can help small- and medium-sized businesses manage employee travel more effectively — no matter where they're going. Small business travelers front and centerIHG Business Edge has worked hard to understand the needs of small businesses. Travel for work — and funIn addition to business travel, employees can use their IHG Business Edge membership for personal vacation.
Persons: they're, that's Organizations: Business, US Travel Association, Resorts, Travelers, IHG, Dell Technologies, Getty Images, Edge, Best, Insider Studios Locations: , IHG.com
This article is part of "Business Travel Playbook," a series about making the most of work travel. Business travel continues to rebound from the early stages of the pandemic as employees take more work trips. With professionals traveling more for work, Business Insider talked to three frequent business travelers about their successful habits and a few things they avoid when on the go. Eating healthily and exercisingWhile business travel can disrupt your routines, eating healthier meals and drinking plenty of water can help you feel more energized. 4 things successful business travelers avoid:1.
Persons: , Donzella Burton, Michael Murray, Murray, I've, Anneleah Williams, Overpacking, Williams, Bridges, Overplanning, Burton Organizations: Service, Travel Association, Business, Kopin Corp, TSA, Bridges, Ireland Locations: East Coast
Against this precarious backdrop, Washington is on the verge of a messy shutdown of the federal government. A shutdown probably won’t wreck the economy, especially if it’s short. And if it a shutdown lasts long enough, it could, along with these other headwinds, do some real damage. The US Travel Association estimates the domestic travel economy would lose as much as $140 million a day from a government shutdown. “Uncertainty regarding federal operations will likely persist for the next few months.”Given all the other obstacles facing the economy, chaos in Washington is the last thing the economy needs.
Persons: New York CNN —, , Greg Valliere, Joe Brusuelas, Goldman Sachs, , Uncle Sam, Mark Zandi, don’t, ” Zandi, AGF’s, , ” Moody’s Organizations: New, New York CNN, UAW, Big Three, Federal, Federal Reserve, AGF Investments, RSM, American Federation of Government Employees, TSA, US Travel Association, Companies, Moody’s, AAA, Goldman Locations: New York, Washington, United States
Minneapolis CNN —The United States’ credit rating could come under pressure if the government shuts down, Moody’s Investors Service cautioned Monday. A shutdown would be “credit negative” for the US sovereign, according to a Moody’s note. Moody’s is the only one of the three major credit rating agencies to assign the United States an outstanding rating of AAA. Standard and Poor’s downgraded the United States in 2011, following the debt ceiling standoff then. In August, Fitch Ratings knocked America’s credit rating down to AA+ after the most recent debt ceiling debate.
Persons: , ” Moody’s, Poor’s, Moody’s, It’s, Donald Trump’s, , Betsy Klein, Matt Egan Organizations: Minneapolis CNN, United, Moody’s, AAA, Fitch, Congressional, US Travel Association, Federal Reserve, Labor Statistics Locations: Minneapolis, United States
Corporate America to DC: Don’t shut down the government
  + stars: | 2023-09-22 | by ( Matt Egan | ) edition.cnn.com   time to read: +7 min
“Nobody wins in a government shutdown,” said one executive at a business group who requested anonymity to speak candidly. ‘It’s not good for business’A shutdown may not be an especially dramatic event for the stock market or deal a sizable blow to GDP. It’s not good for business – or consumer confidence,” another trade group executive told CNN. It’s unfortunate.”Markets usually don’t careWall Street is not overly worried about the potential damage to the economy at large nor the stock market. During half of those shutdowns, the stock market posted positive returns.
Persons: ” Neil Bradley, , , “ We’ve, , Chuck Robbins, Robbins, ‘ It’s, Geoff Freeman, Bradley, it’s, Mitch McConnell, shutdowns, ” Bradley, “ It’s, Keith Lerner, Goldman Sachs, couldn’t Organizations: New York CNN Business, Corporate, US Chamber of Commerce, CNN, Cisco, US Travel Association, US Travel, , Federal Reserve, Labor Statistics, Publicly, Democrats, Privately, GOP, House GOP, Republicans, Chamber, Advisory, Commerce Locations: Washington
The best time to book your flights for Christmas is around 71 days before your departure, per Google. That's a big change from 2022 when Google said the best time to book Christmas flights was 22 days before departure. AdvertisementAdvertisementThe best time to book your flights for Christmas is around 71 days before the departure day, according to Google's analysis of its historical data of US flights. AdvertisementAdvertisementThese estimates are a big change from the company's recommendations in 2022 when it said the best time to book Christmas flights was 22 days before departure. These experts told the BBC that Google Flights' new methodology for calculating your flight's footprint — introduced in 2022 — excludes many pollutants, meaning only half of a flight's environmental impact is most likely shown.
Organizations: Google, Morning, US Travel Association, World Tourism Organization, BBC Locations: Europe
This expected strength in leisure spending means big business for an industry that was on its knees just three years ago. When the pandemic began, restaurants, bars and hotels were hard hit, shedding more than 8 million jobs in the first few months of 2020. A recent survey from Bank of America showed that 68% of Americans plan to take a vacation this year. Vacationing remained elevated in April with 2.7 million Americans not at work because they were on vacation, the highest level for that month since 2017. Leisure spending is usually first on the chopping block because of its discretionary nature.
The leisure and hospitality sector continues to drive US job gains, the Labor Department said. Still, the US Travel Association estimates about 2 million open roles in leisure and hospitality. The leisure and hospitality sector encompasses restaurants, hotels, arts, entertainment such as theme parks, and other tourism-oriented businesses. Overall, the US Travel Association estimates about 2 million open roles remain unfilled in leisure and hospitality. Here's a look at who is hiring in restaurants and hospitality at large chains.
Some US workers aren't provided much vacation, while others are leaving unused days on the table. Including paid holidays as well as vacation days, the average American took over 20 days off between 1978 and 2000, but this has fallen to roughly 17 days in recent years. The fact that many vacation days are left unused is even more notable when one considers how few vacation days most Americans have to begin with when compared to the rest of the world. The US is the only country in the OECD, a group of 38 of the world's most developed nations, that does not require businesses to offer any paid vacation or paid holidays. For these people — many of whom are among the lowest-wage workers — choosing to not use all of their vacation days isn't even an option.
It is separate from the air traffic control system that keeps planes a safe distance from each other, but it’s another critical tool for air safety. The FAA also operates the nation’s air traffic control system, with air traffic controllers using radar to track all planes in their air space and radio communications with their cockpits to guide them safely. If no new problems crop up, flights should return to normal soon, though it may take time to get all the delayed flights in the air. Just before noon ET Wednesday, tracking service FlightAware shows about 7,000 delayed flights to, from and within the United States, with nearly 1,100 canceled flights altogether. But if the problem stretches too long, flight crews who are standing by to fly delayed flights will run out of time in their service day.
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