Business travel

July 19, 2009 at 12:00a.m.

Business travel

At a glance

DOMESTIC TRAVEL PIE: $641 billion in 2007 spending by U.S. residents.

BUSINESS TRAVEL PORTION: $212 billion in 2007 spending.

PREMIUM AIRLINE TRAFFIC: Global sales of high-end seats fell 22 percent in April, compared with same month in 2008.

COACH SALES: Number of travelers on coach tickets rose 0.3 percent in April, compared with same month in 2008.

HOTEL SALES: Revenue per available room — a key metric — was down 18.7 percent for 2009, as of May 31.

CORPORATE SPENDING: 87 percent of execs surveyed in study say their companies to spend less on travel this year.

SECOND-QUARTER EARNINGS: Analysts surveyed by Thomson Reuters expect five major U.S. carriers to post adjusted losses.

Source: Associated Press