Annual Global Business Travel Spending Hit $1.2 Trillion in 2014 and Will Grow to $1.25 Trillion This Year

July 30th, 2015 |

A Rockport study of the global business travel market reveals that a total of $1.2 Trillion USD was spent on business travel around the globe in 2014.  This annual study, conducted on behalf of the GBTA Foundation and sponsored by Visa, forecasts business travel spending by country and across industries over the next five years.  The analysis projects average annual spending growth of 6.3% around the globe over the forecast period, despite slowing growth in key emerging markets such as China, Brazil and Russia.  Learn more.