GBTA: China will lead global corporate travel industry by 2015

04/17/2013 | TravelPulse

China's business travel market will increase spending by 15.1% this year and 16.9% in 2014 on its way to becoming the largest corporate travel market by 2015, the Global Business Travel Association reports in its latest BTI Outlook-China report. "[W]e are confident that stronger domestic demand will spur renewed growth in business travel spending. At the forecasted growth rates, China is likely to become the largest business travel market in the world as early as 2015," said Welf Ebeling, the GBTA's vice president for operations in Asia.

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