Projections call for business travel spending in Western Europe to increase 6.3% this year to more than $211 billion, according to a new report June 8 from the Global Business Travel Association. Next year, spending is expected to jump another 6.8% to $225.6 billion.
The report examines Germany, the United Kingdom, France, Italy, and Spain, which make up 70% of the business travel market in Western Europe. Germany and the United Kingdom are poised to make the greatest gains, with France and Italy expected to post the lowest increases.
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