Press Release
For Immediate Release
10 March 2009
ACTE Offers Macro and Micro Economic Session at DC Conference
Alexandria, Va --
The Association of Corporate Travel Executives (ACTE) is offering an interactive session at its upcoming Global Education Conference in Washington, D.C., 5-7 April, Ask the Analysts: The Economic Outlook of the Business Travel Industry. The interview st
“ACTE is pleased to offer this critical education session, which could not be more topical or timely,” Doug Weeks, ACTE President, said. “We encourage attendees to bring their tough questions about the economy, and to be prepared to walk away with practical, recessionary advice to address critical issues and developments in the air, hotel and GDS industries.”
Panelists include Brian Hace, Vice President, Client Services, North America, Carlson Wagonlit Travel; John Heimlich, Vice President and Chief Economist, Air Transport Association of America (ATA), and Michael McNamara, Vice President, MasterCard Advisors. Wendy Aird, Vice President of Egencia, will act as moderator for the panel.
The collapse of the global economy has had a profound impact on the business travel industry. According to a comprehensive ACTE global survey of corporate travel managers taken earlier this year, 71 percent of respondents said they will spend less on travel in 2009, 21 percent claimed they will spend the same, and only 8 percent said they will spend more.
In February, ACTE sent a recommendation to Senators Feinstein, Snowe, Lieberman, Boxer, Nelson, Kerry, and Specter regarding a major clarification to Senate Bill 133, which calls for restrictions regarding corporate expenditures of TARP funds. The association backs nearly all of the bill’s provisions, which prohibits the use of TARP funds for lobbying and political contributions, while calling for more transparency and accurate reporting in the use of these monies. However, ACTE questions a blanket restriction of their use for transportation, accommodations, or the use of corporate aircraft.
The Ask the Analysts session takes place on Tuesday, 7 April from 11:15a.m.-12:15p.m. To register for this session and the ACTE Global Education Conference in Washington, D.C., 5-7 April, please click HERE.
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. Our members serve more than 12 million business travellers worldwide. 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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For more information, contact:
Kathy Brannigan
Senior Director, Global Communications
Association of Corporate Travel Executives (ACTE)
t: 703.683.5322 x203
e: [email protected]
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Debbie Flynn
CEO
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London SW11 3BE England
T: 020 7326 9880
F: 020 7326 9890
E: [email protected]
W: www.brightergroup.com