Industry Research

GBTA Forecasts Record High Business Travel Spending

Posted on July 27, 2015

ORLANDO, Fla. -- Despite recent economic turbulence, China business travel will increase by 61% during the next five years, from $261 billion in 2014 to $420 billion in 2019. That increase exceeds the increases in business travel growth in the next eight largest countries combined, including the U.S., Germany, India, U.K., Indonesia, France, Turkey and Japan.

GBTA press release here

Related Topics: business growth, business opportunities, business travel, business trends, China operators, corporate travel, GBTA, Global Business Travel Association, industry trends, international business

Comments ( 0 )
More Stories
How will AI affect the future of business travel?
News

5 Ways AI Powers Business Travel

While companies are interacting constantly with artificial intelligence every day, the technology now transcends the office space.

Video

Travel Trends You Should Know Webinar

Lenore D'anzieri of Dav El | BostonCoach discusses up and coming travel trends all luxury transportation companies should be aware of in 2018 and beyond.