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European business travel to grow by 4 per cent

European business travel is to grow by over four per cent this year.

The European Business Travel Barometer study by American Express Global Business Travel has revealed that was a 3.8 per cent year-on-year rise in travel spend, which was a 0.4 per cent more than forecast.

It has also been revealed that there is a 3.6 per cent increase in the number of people travelling for work over the whole year.

Elyes Mrad, Amex GBT's senior vice president and managing director, said: "The findings of the study are positive. After a year of geopolitical and economic uncertainty, businesses are still focused on investing in travel to foster relationships and facilitate growth. The challenge businesses face is balancing cost efficiency and effectiveness, enabling travel to support their objectives, but at the same time, meeting the needs and expectations of employees. We expect to see a growing demand for flexible, smarter travel policies, tools and services that respond quickly to deliver feedback."

A previous study revealed British employees are taking more business trips than ever.

A study by Travelodge revealed that a third of people are taking 50 per cent more business trips than they ever did before. And 46 per cent of people travel regularly, around an average of three times a week.

And the same equivalent of people think they are more productive when they are out of the office, with eight out of ten people said they travelled as much as they could so they could have face-to-face meetings with their clients and colleagues.

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