If you’re in the travel industry, get ready for a busy future. During the World Travel & Tourism Council (WTTC) Global Summit in Bangkok this month, WTTC and Travelport revealed in a new report that the $1.2 trillion business travel sector is expected to increase by 3.7 percent year over year for the next decade.
And for those who work in emerging markets such as Asia-Pacific, it’s time to gear up for the travel boom: Business travel in that region is expected to increase 6.2 percent every year. Unsurprisingly, China tops the list as the country with the most expected growth, with an estimated 9.5 percent yearly increase in activity. Following close behind is Myanmar at 8.7 percent and Rwanda at 8.5 percent.
The top 10 countries with the highest forecasted growth in business travel for 2017 to 2027 are:
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China,…