New Research Reveals Business Travel in Europe Grew at a Higher Rate Than Expected in 2015

the Barometer | January 28, 2016

Growth in business travel budgets was twice as strong as expected heading into 2015. Companies' international development plans stand out as a major growth driver. PARIS, January 28, 2016 -- American Express Global Business Travel ("GBT") today announced the results of its 2015 EVP Barometer by American Express Global Business Travel (the "Barometer") during the 25th annual EVP, held in Paris. The Barometer results show that business travel spending increased by 1.42% in 2015, more than twice the rise anticipated in the 2014 Barometer (0.7%). In addition, "safety and security" has overtaken "cost c...