Business Travel Growth Rate Slowing

A report released today by the Global Business Travel Association contends that although US business travel spending is expected to rise modestly through the remainder of 2012 though 2013, it will not rise at anywhere near the rates seen in 2010 and 1011. Furthermore, it stated that even this moderate rise is more the result of increased prices for airfare and accomodations than actual increases in the number of business trips that will be taken.

Click here to read more of the GBTA’s findings.