Today most of the business leaders are getting careful about the things or plans that they will gonna implemented in their company but somehow if you have seen the economy of the country it will directly affects to the company status. It is likely that most of the business company today are willing to spend more or increase their expenses for the betterment or for the improvement of the firm.
To obtain the goal of getting more into the businesses that they have the best thing to do is making more business travels for the expand of your business in meeting with the other people and for the reach out of your company's products.
The United States The USA still remains the world's largest market for business travel. Figures cited by Forbes and obtained by the GBTA state that more than $262 billion was recorded in business spending in 2012, up over $4 billion from the year before.
China China, however, is quickly catching up to America in terms of business travel expenditures. There was approximately $196 billion in travel expenses logged in China last year - illustrating a year-over-year improvement of over 13 percent. The news source suggests that China is expected to surpass the U.S. in business travel expenditures sometime in the next five years.
Japan Japan ranks as the third largest business travel hub in the world, though it's recorded expenditures remain a mere fraction of those reported in China and the United States. The report found that roughly $65 billion was spent on business travel in Japan last year, which is down 1.2 percent year-over-year.
Germany The fourth most prominent destination for business travel is Germany, clocking in with $50.5 billion in travel expenditures during 2012. That's made for an increase of 1.1 percent.
United Kingdom The U.K. ranked fifth in the rankings, with just over $40 billion spent on travel during 2012. That figure is relatively unchanged when compared with statistics from the year prior.
Yet while the U.K. didn't see an increase, the world of business travel did. Businesses owners know that by branching out and embracing globalization, they can increase their profit margins - and they're taking action.
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