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Business Travel Costs Are Too High for 80 percent of European Companies

LONDON, 13th January 2009: 80 percent of companies in Europe believe that business travel is a significant drain on time and budgets. For European business decision makers only 55 percent of the time spent on business trips counts as active working time. The remaining 45 percent is spent, for example, waiting for the next plane or in a hotel room between meetings. European managers are therefore in favour of using high definition video conferences for their business meetings more frequently. Two thirds of business travellers think the combination of actual and virtual meetings would be the ideal solution. These are the results of the European study “Face to Phase: The convergence of business travel and virtual meetings” which was conducted by the international service provider Easynet Global Services in cooperation with Toluna,...

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