
Business travel spending in Germany, the U.K., France, Spain and Italy combined will grow over 6% in 2015 and 2016, according to a Global Business Travel Association (GBTA) report.
Business travel spending in Germany, the U.K., France, Spain and Italy combined will grow over 6% in 2015 and 2016, according to a Global Business Travel Association (GBTA) report.
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.
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.
In a first for Auto Rental News, Rate Highway and Jim Tennant pull rates for six airport locations in Western Europe for five Fridays in May.
While challenges remain for the Southern Europe economies, the Global Business Travel Association (GBTA) forecasts that business travel will increase within Germany and the UK, particularly domestic business travel spend.
Business travel spend is expected to grow 1.4% overall in Western Europe in 2013.
There is a very large difference in car rental rates between cities, with rates in Paris (CDG) almost twice those in Dublin (DUB) and London (LHR) over the nine-month period.