NBTA Survey: Perception vs. Reality of Meeting Travel Cuts

Few companies canceled meetings in the first quarter simply because of perception issues, according to a recent survey by the National Business Travel Association. However, concerns over the economy, coupled with the “AIG affect”—the negative perception of meetings (especially resort meetings) by the public, the media, and shareholders—precipitated decreases for the majority of companies surveyed in meetings that required travel, attendance at conferences, incentive travel, and parties and