Brazil business travel spend up 14.3%, says HRG research

The data from HRG Brasil, a partner for Hogg Robinson Group (HRG), revealed double digit growth in Brasil, across corporate travel and events during 2012, with continued optimism for 2013 and beyond.

Findings from the Brasilian Corporate Travel and Meetings Index, unveiled at HRG’s Second Latin American Forum in São Paulo, showed over 12% year on year growth in terms of corporate travel in 2012, while activity relating to meetings groups and events grew by 39%.

The Index, prepared by analysing transactions in Brazil, revealed a number of significant activity spikes during 2012, including a 67% year on year growth in November 2012.

Source: http://www.citmagazine.com