Contact Megan Costello: 1-703-683-5322
FOR IMMEDIATE RELEASE:
MONDAY, SEPT. 22, 2001

ACTE Summits Connect Hundreds of Business Travel Professionals

(Alexandria, Virginia, USA , October 22, 2001) - The Association of Corporate Travel Executives (ACTE), an international organization composed of senior level travel management professionals and suppliers of business travel services has successfully held a series of Regional Summits in 14 key cities throughout the United States and Europe. The summits drew participation from over 500 travel executives. Themed, "Recovery: How Do We Get There?", these unique meetings facilitated a progressive forum for jumpstarting the business travel community's return to efficiency and profitability.

The summits were held under the direction of Greeley Koch, ACTE's vice president of education and senior vice president of corporate travel services for Bank of America. "We were extremely pleased with the response we received for tackling the anxiety and uncertainty in the industry head-on," said Koch. The following recurring issues were raised as essential components of travel industry recovery:

1) Salvaging an ailing global airline industry
2) Restoring traveler confidence
3) Improving airport and airline security
4) Simplifying airfare structure
5) Redefinition of the travel management position

"It was amazing, attendees were able to hear and respond to the discussions of their peers in cities miles away and did so with an enthusiastic and aggressive approach to problem solving. This industry is ready to move forward," said ACTE president Ron Wagner. Meanwhile, ACTE's executive director Nancy Holtzman is focused on the future, "ACTE will continue to bring our community together to ensure that industry professionals are able to connect with their peers and discuss critical issues regarding the new challenges of an inevitably altered business travel environment," she said.

Detailed summaries of each summit are now available on the ACTE Web site, www.acte.org. A compilation of regional issues will be published in a "Sense Of The Industry" report. This valuable report will also be available on the site next week. Moving forward, ACTE will schedule opportunities for members to become involved in actual implementation of the many identified solutions and will continue with accelerated plans for Web-based distance learning programs.


Founded in 1988, the Association of Corporate Travel Executives is the only organization wholly dedicated to the science of business travel management with an international constituency. ACTE membership totals more than 2,400, including entities in Asia, Europe, Canada and the United States. The organization is headquartered in Alexandria, Va., and its web site is www.acte.org.

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