?This summer we are running week-long series focusing on a single subject. Here, in the third article on travel and tourism, we look at business travel
Frequent business travel is good for neither mind nor body.
Heart disease, premature ageing and loneliness are the wages of a life earning air miles, studies show.
It is not only travellers who feel the effect.
In the age of video-conferencing, environmentalists despair at those who jet across the planet for cursory meetings.
But there are positives.
Oxford Economics, a research house, found that every 1% increase in business travel correlates to a 0.3% increase foreign direct investment.
And there is little sign of demand falling (although no one knows how many road warriors might be lost in Donald Trump’s trade wars).
Spending on business travel reached $1.3trn in 2017, up 5.8% on 2016, according to the Global Business Travel Association.
It is forecast to rise another 7.1% this year.
Much of that growth comes from emerging markets: India and Indonesia could record the biggest increases in 2018.
- business travel 商務(wù)旅行;出差
- premature ageing 提早老化拟赊;過(guò)早衰老
- jet v. 乘坐飛機(jī)旅行
- cursory 草率的刺桃;匆促的
- emerging markets 新興市場(chǎng)
- feel the effect 產(chǎn)生影響
- road warriors 頻繁出差的人士
- be lost in 消失在…中;全神貫注于
- trade war 貿(mào)易戰(zhàn)爭(zhēng)
- In the age of 在...時(shí)代
- research house 調(diào)研公司
- direct investment 長(zhǎng)期資本;直接投資
** rise / increase **
rise 多指度的上升
increase 多指數(shù)量的增加
不定期更新Espresso Economist上面的文章