US Businesses Are Spending More on Travel

A new report released by the Global Business Travel Association has noted that business travelers are spending more on their trips, showing a 7.1 percent year-over-year increase in U.S. originated business travel. The GBTA forecasts that travel spending will increase 6.8 percent for 2014, totaling a worth of $292.3 billion. Whether businesses are chartering corporate jets or spending more on hotels and car rentals, it appears that the industry will continue to grow thanks to business.

Click here to read the full article by Amy Langfield for CNBC.