In its 21st annual Corporate Travel 100 issue, Business Travel News ranks the top corporate travel spenders – with IBM topping the list. While overall travel spending for all corporations rose only slightly from 2006 to 2007, IBM increased their travel spending by nearly $100 million. The spending hike by IBM reflects soaring costs and increased profits, as well as the addition of approximately 70,000 employees.
The rankings are based on air tickets bought in the United States going to anywhere. The overwhelming majority of companies on the list provided the information, as well as other details about preferred vendors, program accomplishments and goals and policy changes, through phone interviews and questionnaire responses. For companies that did not participate, Business Travel News used many industry sources and published reports and gave companies the opportunity to improve the accuracy of listings in advance of publication.
You can view the digital edition of the Corporate Travel 100 or view the print edition in the Nestlé Library.
Posted by Nestlé Library 
Green is no longer trendy in the hotel business – it’s almost a requirement. Eco-conscious travelers have raised their expectations and hotels have raised their standards.
It depends. Hotel general management salaries depend heavily on location, with New York City and Washington, D.C. at the top of the pay scale. Not surprisingly, median hotel career salaries for hotel managers with an MBA are significantly higher than hotel management salary for those with an undergraduate degree.
Looking for a growing career? How about becoming a Food Safety Consultant. These private consulting groups work with major food companies to audit their health and safety procedures. The Food and Drug Administration and the U.S. Department of Agriculture are having problems keeping up with their inspections, spawning a cottage industry of private inspectors. As a result, food safety today is a booming business. A recent article in U.S. News and World Report highlights hidden dangers from this type of food safety mechanism.
Commercial properties are sometimes overlooked by real estate investors, in favor of residential properties.
REVPAR (revenue per available room) is often cited as a reliable measure of a hotel property’s financial performance. REVPAR provides a common benchmark that allows hotels of different sizes to be measured to their peers in revenue terms. One limitation of REVPAR is that it only measures room revenue. Income from food and beverage, for example, is not included in REVPAR.
