The Progress study looked at 149 travel businesses with a minimum turnover of $200 million. Almost half the sample turned over more than $1 billion a year.

Progress调查了最低营业额为2亿美元的149家旅游企业，近半数的受访企业每年营业额超过了10亿美元。

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Keep trading to a minimum using a low-turnover portfolio management approach.

FORBES: Facing the Tax Mountain

They also argue that because there are cases in which companies paying above-market wages reap offsetting gains in the form of lower turnover and greater worker loyalty, raising minimum wages will lead to similar gains.

FORBES: Horrible Arguments In Favour Of A Minimum Wage Rise

Turnover is low, and they have a minimum five-year investing horizon.

FORBES: Two Celebrated Investors Want To Fix Their Funds--And Chesapeake Energy