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Canada one of fastest growing international markets
What’s one of the fastest growing international markets? Perhaps a surprise: How about Canada?
That’s what a National Business Travel Association (NBTA) survey said. It has ranked Canada in the top 10 as one of the fastest growing international markets. The report ranks the top 10 destinations outside of the US with the highest potential for growth in corporate travel spending in 2008.
The rankings put China in the number one spot, followed by the United Kingdom, India, Mexico, France, Germany, Latin America (excluding Brazil and Mexico), Canada, Japan and Brazil.
The NBTA survey also found that business travel will continue growing in 2008, though the rate of growth will level off somewhat; published airfares will increase by between six and 10% over 2007; published hotel rates will increase from five to seven per cent; and overall travel costs will increase from six to eight per cent.
Report by David Wilkening
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