
A Global Business Travel Association (GBTA) forecast has found that business travelers spent an estimated $72.8 billion on U.S.-originated business travel during the second quarter of 2014, a 7.1% year-over-year growth.
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Brazil's business travel spending is expected to grow 3.6% in 2014 and 4.1% in 2015, down from projections of 12.5% and 5.9%, according to the Global Business Travel Association (GBTA).
Read More →Enterprise Holdings and the Hertz Corp. have been honored by the Global Business Travelers Association (GBTA) Foundation and Project ICARUS in the second annual Sustainability Outstanding Achievement Awards.
Read More →According to a GBTA Foundation report, China leads growth of all 75 countries in the report, having grown from $32 billion in 2000 to $225 billion in 2013.
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A Global Business Travel Association (GBTA) forecast has found that U.S.-originated business travel grew nearly 3% year-over-year. Overall, U.S.-generated business travel is expected to increase 6.8% to $292.3 billion in 2014.
Read More →Reps. Jason Smith (R-Mo.) and Steve Cohen (D-Tenn.) offered the HR 2543 bill — known as the End Discriminatory State Taxes on Automobile Renters Act (EDSTAR) — as an amendment during a House Judiciary Committee on June 18.
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After a period of slow economic growth and inflation, business travel spending in India is expected to increase by 7.6% to $28.8 billion in 2015, according to the Global Business Travelers Association (GBTA).
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Despite two quarters of weaker economic growth in 2013, business travel spending in Brazil is expected to expand 12.5% to $37 billion in 2014 and another 5.9% in 2015, according to the Global Business Travelers Association (GBTA) Foundation.
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With business travel spending in China expected to expand 17.8% to $309 billion throughout 2015, according to the GBTA, China is poised to overtake the U.S. and become the No. 1 business travel market in the world as early as next year.
Read More →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.
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