GBTA’s Annual Forecast Predicts Global Business Travel Spending to Hit Record High of $1.2 Trillion

July 27, 2015

China Business Travel to Skyrocket By 61 percent Over Next 5 Years GBTA Identifies Five Business Travel Markets of the Future Orlando, FL – July 27, 2015 – Despite recent economic turbulence, China business travel will increase by 61 percent over the next 5 years, from $261 billion in 2014 to $420 billion in 2019. That increase is greater than the increases in business travel growth in the next 8 largest countries combined, including the U.S., Germany, India, U.K., Indonesia, France, Turkey and Japan. These findings are part of an annual travel forecast released today at GBTA Convention 2015 from the GBTA Foundation – the educati...