ago 20, 2014
Despite two quarters of weaker economic growth in 2013, business travel spending in Brazil is expected to expand 12.5% to $37 billion in 2014 and another 5.9% in 2015, according to the latest semi-annual “GBTA BTI Outlook — Brazil” report by the Global Business Travelers Association (GBTA) Foundation.
Sponsored by Visa Inc., the report includes the GBTA BTI — an index of business travel spending that distills market performance over a period of time.
“This forecast tells a story of continuing positive growth in Brazil despite recent volatility,” said Wellington Costa, president of GBTA Brazil. “The encouraging turnaround for international outbound business travel spending, paired with expected domestic growth as well, shows suppliers and travel managers that Brazil is a key market to be in for businesses expanding globally.”
According to the GBTA, key highlights of the report include:
“With the forecast for increased business travel to and from Brazil, travel will continue to be an important sector of the Brazilian economy,” said Percival Jatoba, vice president of products of Visa Brazil.
Fonte: Auto Rental News
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