Posted on May 11th, 2012 in
News
The Business Events Visitors 2011 snapshot, released today, shows that business travel has recovered from the Global Financial Crisis and a $1.8 billion decline in visitor expenditure in 2009. Compared to 2010, international business event visitor expenditure rose by 14 per cent and international business event visitor numbers rose by eight per cent to 881,000, Minister Ferguson said. This is important for the industry as the business travel market is a high-yield market, with business event travellers generally spending $100 per night more than other types of traveller.