Tickets issued by corporate travel agencies last week were down 85.7 percent year over year. It was a slight improvement on the week before, continuing a modest trend. Speaking last week during a Teleconference call, ARC president and CEO Mike Premo shared his "marketing spin" that corporate travel grew by more than 50 percent during the previous nine weeks or so.
"We were doing 10 percent of what we were doing before, and now we're doing 15 or 16 percent of what we were doing before, but that's still a fairly significant change," said . . .