Double-digit growth in Asian outbound travel led by China - Asians head for the beaches
Sojerns Q3 Global Travel Insights report takes an in-depth look at the travel behaviors and preferences that defined this past quarter, and how they are shaping travel trends into Q4. The Asia-Pacific market is incredibly diverse, and weve uncovered the following for this quarter and what to look out for in the next.
Total business travel spending is expected to grow 9.2 percent this year reaching $317.9 billion USD. In 2017, another 8.4 percent increase is expected bringing total Chinese business travel spend to $344.6 billion USD.
CITS American Express Global Business Travel 2016 China Business Travel Barometer indicates the majority of organizations are continuing to invest in, and improve, their business travel programs to grow business and support employees