us business travel statistics Archives - ToursMaps.com ® http://toursmaps.com/tag/us-business-travel-statistics Mon, 19 Sep 2016 10:23:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.9 TRAVEL SPENDING http://toursmaps.com/travel-spending.html http://toursmaps.com/travel-spending.html#respond Fri, 23 Sep 2016 18:12:00 +0000 http://toursmaps.com/?p=221297 The economic importance of international travel to particular countries is seen by the amount of money generated by visitors. The 1981 receipts by country in billions of dollars are shown in Figure 1.6. TRAVEL BARGAIN HUNTING Price is a major factor in determining choice of pleasure travel destination. The travel sections of newspapers trumpet bargain, reduced fare and inexpensive. For the mass travel market, travel demand is elastic. In other words as the price comes down travel goes up. Each destination, however, has a limited luxury market segment. The airlines know this well and set aside a definite percentage of

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