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Business Travel Spending

U.S. Business Travel Spending to Top $310B in 2015

A Global Business Travel Association (GBTA) report found that U.S. business travel spending was expected to end the year at $292.2 billion. With a forecast to hit $310.2 billion, the projection for U.S. business travel spending in 2015 also remains strong.

U.S. Business Travel Spending Hits $72B in Q2

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.

Slower Growth for Brazil Travel Spending

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).

Brazil Business Travel to Hit $37B in 2014

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.

China to Surpass U.S. as Top Business Travel Market in 2015

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.