The Global Business Travel Association's 2012 revenue rose nearly 6 percent from the prior-year to $15.2 million,

a figure outstripped by $19.7 million in 2012 expenses, according to an annual report signed Oct. 31 by GBTA president Donna Kelliher and CFO Hema Shah and posted to the association's website. GBTA's net assets fell to $2.2 million at year-end 2012 from $6.3 million at the start of the year. GBTA in the report noted that it had 6,009 members as of August 2013, up from 5,082 from the same period in 2012.