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US-generated business travel spending to rise by 6.8 percent in 2014

from Meetings & Conventions

United States-generated business-travel spending is expected to rise by 6.8 percent this year, to $292.3 billion, according to the Global Business Travel Association. In the newly released "GBTA BTI Outlook–United States 2014 Q2," the association reports that business travel grew by 3 percent in the first quarter of the year, and companies spent $71.2 billion on travel — a 7.6 percent increase over the first quarter of last year. more

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