Global drop in business travel expenditure in Europe in 2012. - In its latest biannual report on the prospects of the business travel sector for Western Europe, the Global Business Travel Association (GBTA) anticipates a global drop in business travel expenditure on the principal European markets in 2012, picking up in 2013. The report analyses the situation on the five largest European markets (Germany, United Kingdom, France, Italy and Spain), which represents nearly 70% of the business...