»»Business Travel Spending Increase Expected in 2012 in the U.S.
Spending on business travel in the United States is expected to increase in 2012 according to a study by the Global Business Travel Association (GBTA).
The GBTA’s report, “Business Travel Quarterly Outlook”, which monitors business travel spending among U.S. companies, predicts an increase of 4.6 percent over 2011.

This is a positive sign for the travel industry and also for the health of the U.S. economy as a whole.
However, the report reveals that the number of trips is expected to decline by 0.8 percent in 2012. That means most of the 4.6 percent increase will come from rising travel costs.
That seems in contrast with what a recent research from Deloitte LLP found. Last September, the market research company found that 85 percent of the 1,000 business travelers surveyed expected to take the same number or more business trips in 2012 than in 2011. (source)




