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Biz travel tops US$1.2t

GLOBAL business travel climbed to US$1.2 trillion in 2015, increasing 5% over 2014 and is predicted to reach US$1.3 trillion 2016 according to the latest GBTA BTI Outlook - Annual Global Report and Forecast. “Business travel has demonstrated a tremendous resilience as it continues slow and steady progress even in the face of global uncertainty,” commented Michael McCormick, executive director and chief operating officer, GBTA. The top business travel spenders were China at US$292,276 billion (+11.4%), the US at US$289,837 billion (+2.2%) and Germany at US$63,534 ...

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