“Travel Management Company” backed by companies. - According to the most recent American Express survey, 40% of the 300 European companies questioned, and whose travel budgets vary between €400,000 and €50 million, are still experiencing spending cutbacks in this area this year. This figure stood at 66% last year. There are three times as many companies as in 2009 that say that they will be increasing their spending but they only account for 31% of the sample, whilst 29% say that...