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Travel Management Priorities for 2013 - Carlson Wagonlit Travel

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azil, India and China will continue driving growthin business travel spend, at around twice the worldBaverage.Air & ground Hotel Online adoptionGlobal business travel spending is expected to grow by 8.1 percent 7 in <strong>2013</strong>, at just over twice the <strong>for</strong>ecast rate of economic growth(3.6 percent). 8 However, business travel spending will grow at two speeds: slower overall in developed countries (mostly wellunder 5 percent), and much faster (double-digit growth) in some developing countries. Three countries in particular stand out: India(21.5 percent <strong>for</strong>ecast growth), China (14.7 percent) and Brazil (12.6 percent). Some of their key features are described here.Figure 16Forecast global business travel spending (US$ billions)123456789101112131415United StatesChinaJapanGermanyUnited KingdomFranceItalyKoreaBrazilCanadaIndiaAustraliaRussiaSpainNetherlands2012 <strong>2013</strong> % change254.9194.866.250.840.235.732.931.130.122.522.421.722.117.918.5266.7223.667.452.541.336.132.534.733.923.127.222.723.817.618.9+4.6%+14.7%+1.8%+3.3%+2.8%+1.1%-1.2%+11.8%+12.6%+2.3%+21.5%+4.6%+7.8%-1.6%+2.2%Source: GBTA Foundation, GBTA BTI Outlook ( July 2012, September 2012, October 2012, January <strong>2013</strong>)7GBTA Foundation, GBTA BTI Outlook Annual Global Report and Forecast, Prospects <strong>for</strong> Global Business <strong>Travel</strong> 2012-2016 (July 2012)8International Monetary Fund, World Economic Outlook (October 2012)24

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