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August 7, 2009
SHERMAN, Conn. (AP) — Corporate travel is expected to decline 15 percent this year, according to a new report from PhoCusWright, the travel industry research company.
In contrast, the total U.S. travel market is projected to decline only 11 percent in 2009, dipping below 2006 levels, PhoCusWright's “U.S. Corporate Travel Distribution” report said.
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