2016 to see 6% increase in business trips costs

(Photo: sheff/shutterstock.com)

Business trip costs in five developed European countries, Germany, Great Britain, France, Spain and Italy will increase by more than 6% next year which is also expected in 2015, which is a good sign of economy recovery, the study of The Global Business Travel Association (GBTA) shows.

After the market suffered serious consequences of financial crisis and recession, recovery started in 2014, so that expected growth this year would total 6,4%, and 6,3% in the next, it was specified in the research, Reuters reports.

Thanks to dynamics, business trips market in five countries will total USD 210,6 billion (EUR 196,1 billion) next year versus USD 186,3 billion in 2014.

Compared to 2009, when business trip costs totaled USD 171,7 billion, it is a growth of 22%, media outlines.

eKapija portal recognized the importance for business trips so you can read on how to save in this important business segment HERE.