$547bn of US GDP in 2016 is Business Travel
New figures on what the visible tip of the iceberg contributes to US GDP have been published by the Global Business Travel Association Foundation. In 2016 each percentage point of business travel spend represented 74,000 jobs, $3.3 billion in wages and $1.3 billion in taxes. Last year businesses spent $424 billion on 514.4 million domestic trips. From Meetings & Conventions…