CORRECTIONS: The text immediately below originally misstated the 2019 revenue figure, now corrected. The headline also originally misstated net assets at year-end 2019.
The Global Business Travel Association in 2019 generated record revenue in excess of $26 million, up 13 percent year over year. Expenses increased too, though at a lower rate, producing a net result of about $2.4 million. That nearly doubled the association's coffers to more than $5 million coming into 2020. GBTA shared the financial info during a Monday business meeting, when it also announced two new board members.