GBTA: Euro Debt Crisis Threatens U.S. Business Travel

If the European debt crisis grows significantly worse it would wreak havoc on U.S. business travel, according to new research from the Global Business Travel Association Foundation (GBTA). According to a new report, U.S. Business Travel Outlook: European Debt Crisis Scenario, a severe crisis could result in a 9% decline in trips and 16% drop in spending – nearly $88 billion.  \


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