75% travel is equal to the road warrior being away from home all week days except Friday; 50% travel is equal to 2.5 days of the 5 day work week. However, an easier calculation is simply on average there are 20 work days in a month, divide that into the number of days you are not at home. There is no extra credit for the fact that you may have worked all night in your hotel room.
Business travel is travel that you take for business reasons. So, if you have to go to Denver to visit your family, that is a vacation. If you have to go for a work conference, that is business travel. Business travel is typically paid for by your employer, while your own personal travel is paid for by you.
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