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Clear as Mud: Business Travel is Totally Cool, Except for When it Isn't
May 16, 2009 at 12:44 PM |
by Victor Ozols
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After laying low for a while, the business travel industry is pushing back against critics who claim that first-class seats and lavish retreats aren't appropriate in the current economic environment. Insurance company AIG came under fire last October for sending executives on a week-long retreat at a luxury resort and spa shortly after receiving relief funds, while auto executives were ridiculed for flying their private jets to Washington for the bailout hearings. With so many people in dire economic straits, it seems tacky for companies to flaunt their wealth these days, but is it fair to single out business travel as an unjustifiable expense? Or is it a cost of doing business that helps the economy as well?
