Latest Data From American Express Business Insights Shows Modest Spend Increases Across the Board; Retail Sector Spend Growth More Subdued Despite Holiday Shopping Season
Senior finance executives from around the world report growing optimism about economic recovery but are proceeding with caution, investing in categories that will boost growth such as sales and product development while selectively increasing discretionary spending in areas like marketing and technology. At the same time, companies continue to closely manage the bottom line and maintain the strong financial discipline that was prompted by the recession.
Potential Decreases in the Cost of Airfares Likely, Prices Could Move from -3 Percent to 5 Percent for Domestic Air Travel in North America - Hotel Occupancy is Expected to Decline and Hold Rates Steady
From Food to Music to Sporting Events, 87% of Respondents Indicate that Travel Involving Personal Interests Will Remain the Same or Increase Over the Next Two Years