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Asset Preservation Advisors




City:Atlanta

State: GA



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APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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Business Women Book Travel Early

Women worry more than men do about complications related to corporate travel. 

| BY Kent McDill

There are more women in the business world today, and as a result, there are more women traveling for business than ever before.

According to extensive research done for the corporate travel firm Carson Wagonlit Travel, women book their travel much earlier than men do, and are likely to save their firm money in the process.

The research, conducted in conjunction with professors at Ohio State University and Arizona State University, found that women on average book their business flights two days earlier than men do. As a result, women save their firms an average of $17 per trip, which figures to 2 percent of the ticket price.

The statistics were determined by looking at 1.8 million people booking 6.4 million flights in 2014, and 30 percent of those flights were booked by women.

The research also discovered that the older the traveler, the more likely they are to book early. The differences between corporate travel plans for 30 year-olds and 70-year-olds is five days for both genders.

As an employee’s travel frequency increases, their tendency to book early decreases. Among those with the highest travel frequency, the difference between men and women and booking habits disappears completely.

Reporting on the Carlson Wagonlit study, The Economist found that most women who travel for business enjoy the travel. According to research by Judi Brownel of Cornell University, females believe corporate travel helps them advance professionally, provides freedom from the routine of office life and widens their worldview.

However, another CWT study found that women spend more time worrying about issues like lost or delayed luggage and eating on the road. Among a list of 12 stressors for frequent travelers, women reported greater concern over 11 of them, the long exception being the issues related to flying in the economy cabin on long flights.

Women are obviously also more concerned about safety than men, which could lead them to book early. The researchers concluded that women have more concerns overall than men when traveling, which leads them to do what they can to reduce their stress.

“One (explanation) is that women, anticipating higher stress they report having while traveling, tend to be more organized in an effort offset their anticipated travel stress,’’ the researchers wrote.



About the Author


Kent McDill

kmcdill@spectrem.com

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.