Companies are spending more on sending their staff out to win deals

FOR well over a century, people have predicted that technology will make business travel obsolete. 
... Isabelle Bajeux-Besnainou, the dean of Desautels, a Canadian business school, says a big part of her job is scouring the world for potential benefactors. “When you are asking someone for money it is better to do it in person,” she observes. Some firms also use foreign jaunts as a reward for high-performing staff.

Read full article: The Economist, November 21, 2015