
Hey, boss, here's why you should send me to see Shawn McVey
$1 of travel expense equals $6 in revenue.
For every $1 U.S. companies spend to send employees to trade shows and conventions, they get back $4 to $6 in revenue over time. These are the numbers from a new study titled “The Return on Investment of U.S. Business Travel” from the U.S. Travel Association. More than half of executives also reported in the study that their employees benefit from regular business travel by improved professional development, job performance, and morale.
So now is not the time for businesses to stop education and travel, according to the study authors. Lucky for you,
The dynamic
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