Election Year Unlike Any Other Combined with Global Uncertainty Causes Continued Sluggish Business Travel Spending Growth
Alexandria, VA (October 20, 2016) – An uncertain upcoming presidential election, sluggish global expansion, low inflation, weak investment and choppy geopolitical conditions continue to shackle business travel volume and spending growth, according to the GBTA Foundation’s latest business travel forecast for the United States. Total business travel volume is expected to advance 1.0 percent in…