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The Global Business Travel Association (GBTA) Foundation’s “The United States Business Travel Industry: Road Warriors Impact on Jobs and the Economy” study found that business travel was responsible for about 3% of U.S. GDP in 2012 or $491 billion.
Read More →With the five key European travel markets (Germany, U.K., France, Italy and Spain) expected to hit $186.5 billion in 2014, according to the Global Business Travelers Association (GBTA), this is the first year since 2010 where a growth in business travel spending is predicted in all five markets.
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With a stronger than expected finish to 2013, U.S. business travel spending is expected to advance 6.6% to $289.8 billion in 2014, according to the Global Business Travel Association’s “GBTA BTI Outlook — United States 2013 Q4” report.
Read More →According to the Global Business Travel Association’s “GBTA BTI Outlook — China 2013 H2” report, China’s total business travel spending is expected to increase by 14.3% in 2013 to $224 billion.
Read More →The final Global Business Travel Association (GBTA) BTI Outlook of the year shows an improving economy and increases in business investment, but the ongoing government shutdown is already impacting business travel sentiment.
Read More →Western Europe’s five business travel markets (Germany, the U.K, France, Italy and Spain) are expected to have the largest increase in spending since the Great Recession.
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According to the latest Global Business Travel Association (GBTA) BTI Outlook report, Brazilian total business travel spending is forecasted to grow 6.3% in 2013.
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According to the latest Global Business Travel Association report, business travel in 2013 should continue to increase with growth in domestic travel spending.
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