Spending on business travel has been on the rise, but trade wars could derail growth, travel managers say

Spending on business travel has been on the rise, but trade wars could derail growth, travel managers say

“The direction of trade policy is far and away the biggest wild card that could impact our forecast for global business, creating uncertainty that could derail the recovery,” said Michael McCormick, executive director and chief operating officer of the Global Business Travel Assn., whose 9,000 members manage more than $345 billion in annual corporate travel spending.

Source Link:- http://www.latimes.com/business/la-fi-travel-briefcase-business-travel-20180817-story.html

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