New Obama mandate poses challenges for travel industry

11/20/2011 | TravelMarketReport.com

A new executive order by President Barack Obama calls for a 20% cut in travel spending by federal agencies, prompting criticism from travel groups such as the U.S. Travel Association and AH&LA. Travel experts forecast the resulting drop in business will hit suppliers and meeting planners the most. Although travel sellers may not feel the effect as severely, the coming changes still pose challenges in the form of helping government clients cut costs, experts say.

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