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April 26, 2024

News to Know


MICE Index: New Trends in the Meetings, Incentives, Conferences and Exhibitions Industry
(SOURCE: BUSINESS TRAVELER USA)

Business travel has always dovetailed with trends in the meetings, incentives, conferences and exhibitions industry, or MICE. But in a post-Covid world, the factors motivating incentive travel and conferences are moving in some surprising directions. According to Cvent—a seminal software platform specializing in meetings, events and hospitality management—top shifts in the industry fall into the following buckets...

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Canadian Business Travel Is Forecast to Return to Pre-Pandemic Levels in 2024, Reaching $25.9 Billion USD and 13.5% Annual Growth

Business travel in Canada is poised for a strong, evolving future, according to the takeaways and forecasts unveiled during the GBTA Canada Conference 2024 held in Toronto this week, April 22-24. As the premier trade association and “voice” of the global business travel industry, GBTA welcomed business travel professionals, companies and guests from across Canada and beyond to the Beanfield Centre for its 20th annual regional event.

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AVIATION

Southwest to Stop Service to 4 Airports in Wake of Rising Losses and More Boeing Delivery Problems (CNN)

American Airlines Marks Record Quarter Amid Corporate Travel Snapback (PYMNTS)

Int'l Air Transport Body Calls on Bangladesh to Unblock $323M in Airline Funds (TBS NEWS)

Bombardier Unveils New Global Branding and Identity (SIMPLE FLYING)

SUSTAINABILITY

Boeing and Wagner to Develop Australia’s SAF Industry (BIOFUELS NEWS)

IATA and the Aviation Industry Charts Course for Net Zero CO2 Emissions by 2050 (TRAVEL DAILY MEDIA)

GROUND TRANSPORTATION

Rental Car Market Outlook Spans Strong Macros and Mixed Micros (AUTO RENTAL NEWS)

OTHER SECTORS

How Technology Is Helping to Fuel Wellness Opportunities for Travelers (PHOCUSWIRE)

Industry Spotlight


GBTA U.S. Legislative Summit 2024
Let’s Talk Business Travel with U.S. Senators and Representatives

Personal conversations can influence real change. That's why the GBTA U.S. Legislative Summit (June 10-12, Washington, D.C.) provides face-to-face interactions with Senators, Representatives, and their staff, an unparallelled opportunity to be the voice of our industry to key lawmakers. No lobbying experience is necessary; all you need is the will to make a difference. Registration is open to members, non-members, and students, so book your spot today.

Resources


Crisis24 Intelligence Brief

Australia - Women's rights activists to stage rallies across Australia April 26-28. Increased security likely.

Brazil - Unionized bus workers begin strike in Sao Luis, Maranhao State, Brazil, April 25. Disruptions likely.

Greece - Unionized workers to strike across Greece from 00:01-23:59 May 1; disruptions certain. Associated protests likely in other urban areas.

United States - Activists to march in Washington, DC, US, April 27, to denounce the persecution of Christians around the world.

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Upcoming Events

GBTA APAC Conference 2024 - Singapore
May 14 - 15

GBTA U.S. Legislative Summit 2024
June 10 - 12

GBTA Convention 2024
July 22 - 24

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The power to shape the industry is in your hands! Join GBTA before May 14 and secure your voting rights in the Board of Directors Elections. Together, let's drive change and innovation in business travel! 🌐 Learn more about GBTA membership >

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GBTA Career Spotlight
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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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