Transportation And Money: Business Travel Spending To Rise In 2015
Although many companies put the brakes on business travel in the wake of the recession, business travel has been on a roll for the past couple of years and is expected to rise 6.2 percent to $310.2 billion in 2015. Trips are going up, as well according to the GBTA Foundation, which estimates that there will be 490.4 million business related trips this year, up 1.7 percent. Lower oil prices are expected to lead to increased consumer spending therefore boosting the kind of economic projects that involve business travel. Click here for more details.