Global busi­ness travel spend surges: GBTA

Micetalk - - NEWS -

The global busi­ness travel spend has been con­sis­tently grow­ing five per cent over 2014, topped $1.2 tril­lion USD in 2015, and is fore­casted to reach 1.3 tril­lion in 2016, ac­cord­ing to the GBTA BTI™ Out­look – An­nual Global Re­port & Fore­cast, the ed­u­ca­tion and re­search arm of GBTA. The re­port pre­dicts that the global busi­ness travel spend would ad­vance 5.8 per cent on aver­age over the next five years, reach­ing $1.6 tril­lion in 2020. China emerged as the largest busi­ness travel mar­ket in the world in 2015 at $291 bil­lion.

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