Industry Research

Business Travel Forecasted For Slow Growth

Posted on November 7, 2012

Business travel in the United States in 2013 is projected to grow to 464.5 million person-trips, about 4.3 million more than the 2012 level and 3.4 million more than 2008's 461.1 million, according to a U.S. Travel Association forecast released Thursday.

The association expects the pace of business travel growth as measured in person-trips in 2013 to slow to 0.9 percent year over year, compared with 1.3 percent in 2012, but rebound to 1.2 percent in 2014 and 1.1 percent each in 2015 and 2016. USTA projects 480 million business person-trips by 2016, still 86.5 million fewer than 2000's level of 566.6 million.

Read the complete report from Business Travel News by clicking here.

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