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February 7, 2024

News to Know


Airlines & Airports Invest More in IT for Better Passenger Experience & Sustainability
(SOURCE: TRAVEL AND TOUR WORLD)

Publication of the 2023 Air Transport IT Insights report by SITA reveals a notable uptick in IT expenditure for both airports and airlines compared to the previous year, with estimated spending reaching 10.8 billion USD and 34.5 billion USD respectively. This trend is anticipated to continue into 2024, as indicated by over two-thirds of airport and airline Chief Information Officers (CIOs). Despite benefiting from increased travel demand, airports have increased their IT spend as a percentage of revenue in 2022 and 2023, underscoring the pivotal role of technology in shaping the future of travel.

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AVIATION

Top US Aviation Regulator Says Oversight of Boeing ‘Is Not Delivering Safe Aircraft’ (ASSOCIATED PRESS)

United Airlines Says Elimination of Change Fees Has Saved Pax $2 Billion (TRAVEL PULSE)

Lufthansa Airlines Strike Today: 100,000 Passengers to Be Affected (HINDUSTAN TIMES)

HOSPITALITY

Global Hotel RevPAR Shows No Sign of Slowing (HOSPITALITY TODAY)

Personalized Content, Experiences Fuel Hilton's Data Modernization (COSTAR)

OTHER SECTORS

Globetrender Reveals 2024 Business Travel Trends (ITIJ)

SAP to PwC: Companies Embracing Sustainable Business Travel (SUSTAINABILITY MAG)

Cleartrip Redefines Business Travel Market with ‘Out of Office’ Tool (TRAVEL AND TOUR WORLD)

UnionPay International Joins Spring Airlines to Boost Travel Payment Experience (IBIS INTELLIGENT)

Industry Spotlight


GBTA Advocacy Efforts Continue in Brussels

Yesterday, Country Director of GBTA Italy, Fulvio Origo, met with Magda Kopczyńska, the European Commission’s top official overseeing EU transport policy to discuss the EU plans to incentivize multimodal travel through Multimodal Digital Mobility Services (MDMS) regulation. GBTA strongly supports the proposal, read more about the meeting here and GBTA’s position paper on MDMS.

 

GBTA Continues to Advocate for Passage of FAA Reauthorization Bill

GBTA continues to push Congress to pass the FAA Reauthorization bill to ensure flying business travelers are safe. Prior to the Congressional hearing “The State of American Aviation and the Federal Aviation Administration,” which took place yesterday, GBTA sent a letter to the U.S. House of Representatives leadership and a similar letter to the Senate requesting swift passage of the FAA Reauthorization bill to ensure the FAA has authorization for existing and new funding to ensure the nation’s skies are safe.

 

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Resources


Crisis24 Intelligence Brief

Argentina - High temperatures forecast to persist across central and northern Argentina through Feb. 9. Transport and utility disruptions possible.

Brazil - Unionized bus workers begin indefinite strike in Sao Luis, Maranhao State, Brazil, Feb. 6. Disruptions likely.

France - Unionized rail network controllers plan to strike across France, Feb. 15-19. National, regional, and local rail service disruptions likely.

South Africa - Increased security and road closures in Cape Town, South Africa, ahead of State of the Nation Address, through Feb. 8. Possible protests.

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

RESEARCH RELEASE: Travel Risk Management in a Post-COVID World

Are companies equipped to face new post-pandemic risks? This study offers insights and data-driven recommendations. Members can download the full report in the Hub and see how you can optimize your TRM strategy.

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