Business Travel forecast remains sluggish. (Travel Industry).The Business Travel Coalition, Radnor, Pennsylvania Like many of the elite communities of Philadelphia's Main Line, Radnor is a picturesque enclave in Radnor Township, Pennsylvania in Delaware County. Part of Radnor is also in Tredyffrin Township, Pennsylvania in Chester County. , released its 2002 U.S. Business Travel Survey, sponsored by Unisys Corporation (company) Unisys Corporation - The company formed in 1984-5 when Burroughs Corporation merged with Sperry Corporation. This was when the phrase "dinosaurs mating" was coined. and conducted in collaboration with the Association of Corporate Travel Executives | The Association of Corporate Travel Executives (ACTE) is a not-for-profit professional association of business travel stakeholders throughout the world. The ACTE purpose is to advance the interests of the business travel industry, to promote industry networking , Alexandria, Virginia Alexandria is an independent city in the Commonwealth of Virginia. As of the 2000 census, the city had a total population of 128,284. Located along the Western bank of the Potomac River, Alexandria is approximately 6 miles (9.6 kilometers) south of downtown Washington, DC. . About 184 corporations participated in the survey, which focused exclusively on air travel. The major findings of the survey included the following items: * Business travel will decline further in 2002. * Many corporate cutbacks in travel are permanent. * Business airfare levels are perceived as too high. * Substitutes to the commercial airline product, such as video-conferencing, have become mainstream. |
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