Tag Archives: Travel Spending

GBTA: U.S.-generated business travel spending expected to increase 6.8% to $292.3 billion in 2014

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GBTA Forecast Anticipates Nearly 7% Year-Over-Year Rise in Spending, Indicating Confidence in U.S. Economic Recovery Alexandria, VA, 2014-7-10 — /Travel PR News/ — A leading travel industry forecast finds U.S.-originated business travel grew nearly 3% year-over-year, with company spending for business travelers increasing 7.6% to $71.2 billion during 2014 Q1 / the first quarter of 2014. This indicates… Read the full press release

U.S. Travel Association VP David Huether provides analysis on the latest trade data released by the Department of Commerce

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Washington, DC, US, 2014-1-9 — /travelprnews.com/ — David Huether, senior vice president of research and economics at the U.S. Travel Association, provides analysis on the latest trade data released by the Department of Commerce: “Travel exports rose to $15.3 billion in November 2013, increasing for the eighth time in the past eleven months. “International travel spending… Read the full press release

GBTA Predicts Business Travel Spending to Increase by 15% in 2013

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China Remains on Track to Become the World’s Largest Bus  Chinese Economy Benefits from Policy Initiatives to Strengthen   Domestic Consumer Demand  Shanghai, 2013-04-15 — /travelprnews.com/ — The Global Business Travel Association (GBTA) has released the results of its third GBTA BTI™ Outlook – China 2013 H1 report, a semi-annual analysis of one of the largest business travel markets… Read the full press release