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TRAVELLING FOR BUSINESS OR
FOR LEISURE
BUSINESS TRAVEL & TOURISM
usiness travel is a growing element of the overall travel and
tourism industry.
t is thought to be worth more than £16 billion annually.
n 2001, spending by business visitors exceeded that of leisure
visitors.
usiness travel and tourism includes
BUSINESS TRAVEL
CHARACTERISTICS
igh quality, high yield (earns more revenue) part
of travel and tourism.
engthens the high season for leisure tourism
destinations in UK.
ear-round sector means more full-time jobs.
ore ‘shock-proofed’ against downturns or
disasters.
nvestment can regenerate
urban areas.
THE COMPONENTS OF
BUSINESS TRAVEL
Conferences and meetings are worth over £7
billion in 2003.
This part of the sector includes:
ales conferences
anagement meetings
nnual general meetings
raining courses
usiness presentations
THE COMPONENTS OF
BUSINESS TRAVEL
he market for exhibitions and trade fairs is worth over £2
billion per year.
rade exhibitions are for buyers and sellers in specific trade
sectors.
ublic exhibitions attract paying members of the public.
rade/public exhibitions aim to attract both types of visitor.
THE COMPONENTS OF
BUSINESS TRAVEL
ncentive travel is used by organisations to
motivate their staff.
ravel rewards cost between £500
and £5,000 per head.
hey are usually offered in industries with high
profit margins such as cars and financial
services.
ualification for incentive travel
is based on achieving agreed goals (usually sales
targets).
THE COMPONENTS OF
BUSINESS TRAVEL
orporate events include staff
and client entertainment.
porting occasions are the most popular for
corporate events.
lose links exist between corporate events
segment and the contract catering industry.
arket worth between £700 million
and £1 billion per year.
LEISURE TRAVEL
ravel + Leisure is a travel magazine based in 
New York City, New York. Published 12 times a
year, it has 4.8 million readers, according to its
corporate media kit. It is put out by Time Inc. Its
main competitors are Condé Nast
Traveler and National Geographic Traveler.
HISTORY
nitially published in 1937 as U.S. Camera and Travel, it later assumed
the name Travel + Leisure in 1971.[3]
 The predecessor titles focused on
travel photography, but the name change signaled a shift toward travel
coverage in general.
he magazine specializes in leisure travel and often features articles
written by novelists, poets, artists, designers and non-travel journalists.
It is known for its travel photography and covers featuring models
lounging in upscale environments.
LEISURE TRAVEL
ts World's Best Awards, an annual reader survey rating destinations and travel
providers, have been announced every August since 1995. Other annual features
include the T+L 500, a list of the world's top 500 hotels, and America's Favorite
Cities, where readers rank U.S. cities in different categories.
he magazine's Web site publishes original Web content and destination guides. The
site's executive editor is Rich Beattie.
ravel + Leisure Magazine was purchased from American Express Publishing by
Time Inc. on October 1, 2013
CONCLUSION
usiness travel is a highly valuable part of the travel and tourism
industry.
ot only does it continue to grow, but average spending by
business travel customers is higher than in the retail sector.
enues and cities compete through ‘place marketing’ to appeal
to customers in the sector.

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Bustravel1

  • 1. TRAVELLING FOR BUSINESS OR FOR LEISURE
  • 2. BUSINESS TRAVEL & TOURISM usiness travel is a growing element of the overall travel and tourism industry. t is thought to be worth more than £16 billion annually. n 2001, spending by business visitors exceeded that of leisure visitors. usiness travel and tourism includes
  • 3. BUSINESS TRAVEL CHARACTERISTICS igh quality, high yield (earns more revenue) part of travel and tourism. engthens the high season for leisure tourism destinations in UK. ear-round sector means more full-time jobs. ore ‘shock-proofed’ against downturns or disasters. nvestment can regenerate urban areas.
  • 4. THE COMPONENTS OF BUSINESS TRAVEL Conferences and meetings are worth over £7 billion in 2003. This part of the sector includes: ales conferences anagement meetings nnual general meetings raining courses usiness presentations
  • 5. THE COMPONENTS OF BUSINESS TRAVEL he market for exhibitions and trade fairs is worth over £2 billion per year. rade exhibitions are for buyers and sellers in specific trade sectors. ublic exhibitions attract paying members of the public. rade/public exhibitions aim to attract both types of visitor.
  • 6. THE COMPONENTS OF BUSINESS TRAVEL ncentive travel is used by organisations to motivate their staff. ravel rewards cost between £500 and £5,000 per head. hey are usually offered in industries with high profit margins such as cars and financial services. ualification for incentive travel is based on achieving agreed goals (usually sales targets).
  • 7. THE COMPONENTS OF BUSINESS TRAVEL orporate events include staff and client entertainment. porting occasions are the most popular for corporate events. lose links exist between corporate events segment and the contract catering industry. arket worth between £700 million and £1 billion per year.
  • 8. LEISURE TRAVEL ravel + Leisure is a travel magazine based in  New York City, New York. Published 12 times a year, it has 4.8 million readers, according to its corporate media kit. It is put out by Time Inc. Its main competitors are Condé Nast Traveler and National Geographic Traveler.
  • 9. HISTORY nitially published in 1937 as U.S. Camera and Travel, it later assumed the name Travel + Leisure in 1971.[3]  The predecessor titles focused on travel photography, but the name change signaled a shift toward travel coverage in general. he magazine specializes in leisure travel and often features articles written by novelists, poets, artists, designers and non-travel journalists. It is known for its travel photography and covers featuring models lounging in upscale environments.
  • 10. LEISURE TRAVEL ts World's Best Awards, an annual reader survey rating destinations and travel providers, have been announced every August since 1995. Other annual features include the T+L 500, a list of the world's top 500 hotels, and America's Favorite Cities, where readers rank U.S. cities in different categories. he magazine's Web site publishes original Web content and destination guides. The site's executive editor is Rich Beattie. ravel + Leisure Magazine was purchased from American Express Publishing by Time Inc. on October 1, 2013
  • 11. CONCLUSION usiness travel is a highly valuable part of the travel and tourism industry. ot only does it continue to grow, but average spending by business travel customers is higher than in the retail sector. enues and cities compete through ‘place marketing’ to appeal to customers in the sector.