More videoconference, less business travel

Travel buyers are viewing videoconferencing (VC) as an alternative to overseas business trips, as the pressure on spend increases in the downturn.

Eric Bailey, senior manager of travel at Microsoft, spoke at the Management Solutions Spring 2009 Corporate Travel & Expense Management Forum in London this month. He said the number of tickets issued by the company had dropped 35 per cent in the first quarter this year, compared with the same period in 2008.

Click here to read more.