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GBTA BTI™ Outlook – United States: Prospects for
Domestic and International Outbound Business
Travel 2013-2014
GBTA Foundation
Report Highlight
Group Meeting & Convention vs. Transient Business Travel
Our final 2012 revision led to higher totals for transient business travel – both person-trips and spending.
In 2012, there were a total of 282 million person-trips taken for transient business travel. A total of $119
billion USD was spent on transient travel in 2012. This represents annual growth of 3.2% and 6.2%,
respectively. This fairly robust level of growth has been challenged in early 2013, however, as the
expansion in corporate profits has slowed.
We expect that firms will continue to tighten their transient business travel budgets over the next few
quarters. Our outlook for 2013 projects a -0.4% decline in Person-Trip volume to 453 million trips and
3.8% growth in transient spending to $273 billion USD. By 2014, however, we expect another healthy
uptick in corporate profits (and other economic drivers) and consequently, both trips and spending will
experience substantial growth. In 2014, we expect total transient volume to hit 130 million person-trips
and total transient spending to hit $284 billion USD, representing 1.1% and 5.2% growth, respectively.
Group business travel metrics were also revised upward for 2012. Our final figures for 2012 show that
group volume rose 0.5% to 166 million person-trips and group spending rose 3.3% to $111 billion USD.
Growth in spend-per-trip among group travelers, however, slowed as firms ratcheted down meeting
budgets.
Group business travel will continue to face headwinds through 2013 as trends that have emerged in the
MICE industry, such as lower meeting budgets and more local meetings, will persist. Moreover,
government meetings have been severely cut back in the wake of sequestration and the “IRS effect”. We
expect total group volume to fall -0.3% in 2013 to 166 million Person-Trips. Spending among group travel
delegates will grow 5.3% to $117 billion USD in 2013. We are projecting slightly more growth in group
meeting activity in 2014 when volume will grow 1.8% and spending another 6.8%.
Going Global: Global Travel Management Study 2013 – European
Edition
The GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA),
commissioned Rockport Analytics, LLC to build the first-ever quarterly business travel outlook for the
United States. Sponsored by Visa, Inc., the purpose is to provide corporate travel professionals and the
broader business community insight into both short- and long-term trends in business travel volumes,
spending, and inflation.
The GBTA BTI™ Outlook – United States 2013 Q2 projects aggregate business travel trends over the next
eight quarters. The report includes key buy-side metrics such as total business travel volume and
spending, plus supply side projections of changes in costs, across both transient and meetings travel.
About the Publisher
View More Reports from this Publisher
View This Report
The GBTA Foundation is the education and research foundation of the Global Business
Travel Association (GBTA), the world’s premier business travel and corporate meetings
organization. Collectively, GBTA’s 5,000-plus members manage over $340 billion of
global business travel and meetings expenditures annually. GBTA provides its network of
21,000 business and government travel and meetings managers, as well as travel service
providers, with networking events, news, education & professional development,
research, and advocacy. The foundation was established in 1997 to support GBTA’s
members and the industry as a whole. As the leading education and research
foundation in the business travel industry, the GBTA Foundation seeks to fund initiatives
to advance the business travel profession. The GBTA Foundation is a 501©(3) nonprofit
organization.
MarketResearch.com provides market research solutions to business professionals
seeking to enhance their business goals. We provide a number of business intelligence
solutions, from individual market research reports from over 700 leading global
publishers, to Knowledge Centers where clients can discover deeper business insight
products into a topic over time. Or perhaps your business needs a much wider view across
multiple industries and topics, if so, our Profound solution allows you to select specific
parts (graphs, tables, charts or sections) from different market research reports.
Our Account Managers have in-depth knowledge of the publishers and the various types
of reports in their respective industries. They give you unbiased and qualitative insights on
which reports will best meet your needs.
If you are interested in expanding your business or growing your market share, contact us
to get a free Consultation to Assess your Market Research Needs. We can help tailor a
solution that suits your unique business goals. One of our Account Managers will get right
back in touch with you.
About Us
For More on this Report and Additional Research
Visit MarketResearch.com
Or call
1-800-298-5699

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GBTA BTI™ Outlook – United States: Prospects for Domestic and International Outbound Business Travel 2013-2014 By GBTA Foundation

  • 1. GBTA BTI™ Outlook – United States: Prospects for Domestic and International Outbound Business Travel 2013-2014 GBTA Foundation Report Highlight
  • 2. Group Meeting & Convention vs. Transient Business Travel Our final 2012 revision led to higher totals for transient business travel – both person-trips and spending. In 2012, there were a total of 282 million person-trips taken for transient business travel. A total of $119 billion USD was spent on transient travel in 2012. This represents annual growth of 3.2% and 6.2%, respectively. This fairly robust level of growth has been challenged in early 2013, however, as the expansion in corporate profits has slowed. We expect that firms will continue to tighten their transient business travel budgets over the next few quarters. Our outlook for 2013 projects a -0.4% decline in Person-Trip volume to 453 million trips and 3.8% growth in transient spending to $273 billion USD. By 2014, however, we expect another healthy uptick in corporate profits (and other economic drivers) and consequently, both trips and spending will experience substantial growth. In 2014, we expect total transient volume to hit 130 million person-trips and total transient spending to hit $284 billion USD, representing 1.1% and 5.2% growth, respectively. Group business travel metrics were also revised upward for 2012. Our final figures for 2012 show that group volume rose 0.5% to 166 million person-trips and group spending rose 3.3% to $111 billion USD. Growth in spend-per-trip among group travelers, however, slowed as firms ratcheted down meeting budgets. Group business travel will continue to face headwinds through 2013 as trends that have emerged in the MICE industry, such as lower meeting budgets and more local meetings, will persist. Moreover, government meetings have been severely cut back in the wake of sequestration and the “IRS effect”. We expect total group volume to fall -0.3% in 2013 to 166 million Person-Trips. Spending among group travel delegates will grow 5.3% to $117 billion USD in 2013. We are projecting slightly more growth in group meeting activity in 2014 when volume will grow 1.8% and spending another 6.8%.
  • 3. Going Global: Global Travel Management Study 2013 – European Edition The GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA), commissioned Rockport Analytics, LLC to build the first-ever quarterly business travel outlook for the United States. Sponsored by Visa, Inc., the purpose is to provide corporate travel professionals and the broader business community insight into both short- and long-term trends in business travel volumes, spending, and inflation. The GBTA BTI™ Outlook – United States 2013 Q2 projects aggregate business travel trends over the next eight quarters. The report includes key buy-side metrics such as total business travel volume and spending, plus supply side projections of changes in costs, across both transient and meetings travel.
  • 4. About the Publisher View More Reports from this Publisher View This Report The GBTA Foundation is the education and research foundation of the Global Business Travel Association (GBTA), the world’s premier business travel and corporate meetings organization. Collectively, GBTA’s 5,000-plus members manage over $340 billion of global business travel and meetings expenditures annually. GBTA provides its network of 21,000 business and government travel and meetings managers, as well as travel service providers, with networking events, news, education & professional development, research, and advocacy. The foundation was established in 1997 to support GBTA’s members and the industry as a whole. As the leading education and research foundation in the business travel industry, the GBTA Foundation seeks to fund initiatives to advance the business travel profession. The GBTA Foundation is a 501©(3) nonprofit organization.
  • 5. MarketResearch.com provides market research solutions to business professionals seeking to enhance their business goals. We provide a number of business intelligence solutions, from individual market research reports from over 700 leading global publishers, to Knowledge Centers where clients can discover deeper business insight products into a topic over time. Or perhaps your business needs a much wider view across multiple industries and topics, if so, our Profound solution allows you to select specific parts (graphs, tables, charts or sections) from different market research reports. Our Account Managers have in-depth knowledge of the publishers and the various types of reports in their respective industries. They give you unbiased and qualitative insights on which reports will best meet your needs. If you are interested in expanding your business or growing your market share, contact us to get a free Consultation to Assess your Market Research Needs. We can help tailor a solution that suits your unique business goals. One of our Account Managers will get right back in touch with you. About Us
  • 6. For More on this Report and Additional Research Visit MarketResearch.com Or call 1-800-298-5699