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Business travel is up, and predicted to hit $1.12 trillion this year, a 5.4 percent jump from
last year, according to the Global Business Travel Association.

It’s then expected to go up 8.2 percent in 2014, with 7-percent a year growth forecast through
2017.

The United States is still the number-one business travel market, at $262 billion in 2012.

But China is closing the gap and is expected to surpass the U.S. in 2016, according to the GBTA.
China’s  2012 total was $196 billion, but is expected to soar 15 percent in 2013, while the
U.S. total is expected to only go up 4.5 percent.

“Economic shifts have reshaped the business landscape market,” said the GBTA report. “Rapidly
growing markets like China, India and Brazil are in prime position to become major global players
in business travel.”