Business travel spending in Singapore to grow faster than world average
It's forecast to rise 4.3% to S$17.2b, says report, ahead of the 4% to US$1.2t globally
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Nisha Ramchandani
Singapore
BUSINESS travel spending for Singapore is projected to grow by 4.3 per cent this year - slightly above the global average - to S$17.2 billion, according to a report.
The report by the World Travel and Tourism Council (WTTC) and Travelport estimates that worldwide business travel spending would rise by 4 per cent to about US$1.2 trillion, driven by the Asia-Pacific, and will increase by 3.7 per cent per year to US$1.72 trillion in 2027.
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