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January 25, 2024

News to Know

Technology to Enable Multi-Faceted Approach to Revenue Management in 2024
(SOURCE: COSTAR)

Hotel revenue managers are going to have more tools at their disposal this year, as they navigate the changes in the hotel industry and prepare for an influx of business and group guests.

An important trend in 2024 will be the continued adoption of technology. Chain hotels employ and even develop their own sophisticated revenue management systems utilizing machine learning and automation, said Miri Vasilevsky-Pinto, vice president for Global Hotel Asset Management at CBRE.

AVIATION

Premium Economy: Why Airlines Are Piling on the Capacity (NZ HERALD)

FAA Has Plan to Let Grounded Boeing Planes Fly Again (VOA)

IndiGo Expands Connectivity to Middle East (DECCAN CHRONICLE)

ANA Expands Services to Europe (BTN EUROPE)

SUSTAINABILITY

5 Key Roles Business Travellers Can Play in Driving Sustainable Business Travel (IOL)

China Achieves Mass Production of Sustainable Aviation Fuel (CGTN)

OTHER SECTORS

Corporate Nomads: Merging Business Travel with Cultural Exploration (LLANELLI HERALD)

Balancing Corporate Travel with ESG & Social Responsibility (BUSINESS CLOUD)

FCM Asia’s Top 6 Predictions of Business Travel for 2024 (TRAVEL DAILY NEWS)

Industry Spotlight

GBTA LATAM
Exhibit at GBTA LATAM Conference
in Mexico City

April 3 - 4

The post-event survey from the GBTA LATAM Conference in Mexico City last year revealed that attendees were interested in seeing a greater variety of companies on the Expo Floor.

Some of the companies that could enhance the offerings for Travel Buyers include technology companies, expense tracking solutions, risk management, travel insurance, visa and passport agencies, corporate cards, and more. If you're looking to reach the Mexico and Latin American market, we highly recommend exploring this opportunity. Please note that space at this event is limited.

See Expo Info

Resources

Crisis24 Intelligence Brief

Canada - Adverse winter weather conditions forecast across parts of Ontario and Quebec, Canada, through Jan. 26. Hazardous travel conditions likely.

China, Kazakhstan and Kyrgyzstan - Further damage and casualties reported following magnitude-7.0 earthquake in Xinjiang Province, China, Jan. 23. Response operations ongoing.

France - Strike and rally by nickel workers ongoing in New Caledonia morning of Jan. 25. Localized disruptions likely; production delays possible.

United States - Severe weather forecast across parts of the southern and southeastern US through Jan. 27. Possible flooding and associated disruptions.

More Information

Upcoming Events

Sustainable Travel Management
Next session: starts February 26

GBTA Conference 2024 - Mexico City
April 3 - 4

Fundamentals of Business Travel Management
Spring session: starts April 4

GBTA Conference 2024 - Toronto
April 22 - 24

View More Events

Registration is open for GBTA APAC Conference 2024 - Singapore!

Join us at Raffles City Convention Centre in Singapore on May 14-15, as we bring together the Asia Pacific business travel community to network, learn from industry experts, and benefit from peer-to-peer education

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GBTA Career Spotlight

Is Your Company Hiring?

Use the GBTA Career Center to post your business travel job openings and access thousands of qualified industry professionals looking to make their next career move.

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