• US businesses up travel spend

Businesses in the US have increased increased spending, according to the American Express Q4 2010 Business Insights Spend Sights.

Small businesses spent 7% more on airfares and 38% more on business-class tickets, while large businesses posted a 6% increase in spend on airfare and a 38% uptick in business-class tickets. "As the economy continues to recover, we are seeing that businesses are more apt to spend in areas that may ultimately help their business grow, such as travel and entertainment," said Ed Jay, SVP at American Express Business Insights.

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