Press Release
For Immediate Release
18 November 2008
BUSINESS TRAVEL MANAGERS DRAWN TO ACTE CANADA EDUCATION CONFERENCE FOR WORKABLE SOLUTIONS IN UNCERTAIN ECONOMIC TIMES
Toronto --
The Association of Corporate Travel Executives (ACTE) third annual Canada Education Conference in Toronto this week, drew a record 360 participants from across Canada. According to ACTE President Richard Crum, this is almost 40 percent larger than last year’s event.
“While this is a tremendous vote of confidence for the industry, it also shows two other forces at play,” said Crum. “The first is that ACTE is offering definitive strategies for operating in what appears to be a long-term global economic challenge. Our education focus, ‘Strategize to save money, travel to make money,’ is having an immediate effect for a number of companies. The second is that our events are serving as a rallying point for the business travel industry during these uncertain times.”
This year’s Canada Education Conference was anchored by leading industry economists, who not only predicted the future, but described the best way to approach it. On Monday, 17 November, Professor Louis Gialloreto, BA, BA (Hon) Law, MBA, LLM, MRAeS, identified a number of key variables that will spark new opportunities for growth in the business travel industry. On Tuesday, 18 November, Pedro Antunes, Director, National and Provincial Forecast, Conference Board of Canada, revealed a national and provincial travel forecast, spanning new trends and anticipated developments.
“It’s one thing to be presented with a set of numbers and told this is the future, deal with it,” noted Monica Hailstone, ACTE Canada Regional Director. “But it’s quite another thing to be told, ‘This is very likely to happen, and here is the best way to manage it.’ This is the approach that ACTE takes. Our members know the difference.”
ABOUT ACTE:
The Association of Corporate Travel Executives (ACTE) represents the global business travel industry through its international advocacy efforts, executive level educational programs, and independent industry research. ACTE's membership consists of senior travel industry executives from 82 countries representing the €463 billion business travel industry. With the support of sponsors from every major segment of the business travel industry, ACTE develops and delivers educational programs in key business centers throughout the world. ACTE has representation in Africa, Asia-Pacific, Canada, Europe, Latin America, Middle East and the United States. For more information on ACTE, please go to www.acte.org.
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