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Business Travel

Global Business Travel Outlook Is ‘Cautious Optimism’ With a $1.2 Trillion Year on the Books

Hannah Sampson

Photo Credit: An Amtrak arrivals and departures board at Philadelphia's 30th Street Station, at the heart of Northeast Corridor business travel. Business travel spending surpassed $1.2 trillion globally in 2015.  Skift

Skift Take

Uncertainty remains the key word when it comes to business travel, but a year of record spending followed by "moderate" growth is still good news for the industry.

Business travel spending around the world edged past $1.2 trillion last year as China became the biggest market for spending and former powerhouses Russia and Brazil posted declines. An annual report and outlook released this week by the Global Business Travel Association shows steady overall growth even as some markets grappled with upheaval. "Business travel has demonstrated a tremendous resiliency as it continues slow and steady progress even in the face of global u

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