August 25, 2023

News to Know


The Role of AI in Personalized Travel Recommendations
(SOURCE: ECONOMIC TIMES)

The travel industry has witnessed a profound transformation with the advent of Artificial Intelligence (AI). From streamlining booking processes to managing customer interactions, AI has significantly improved efficiency and convenience for travellers. However, one of the most promising applications of AI in the travel sector is its ability to provide personalized travel recommendations. By leveraging vast amounts of data and sophisticated algorithms, AI is empowering travel companies to cater to individual preferences, interests, and needs, thus enhancing customer experience and engagement.

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AVIATION

Are Airline Patents A Mark of Industry Innovation? (PHOCUSWIRE)

Ryanair, Delta, Lufthansa: What Airline Execs Are Saying About AI, Biometrics, and Apps (SKIFT)

HOSPITALITY

Sustainability for Hotels - The Impact on Profitability (HOSPITALITY NET)

Are We Ready to Pay for Sustainable Travel? (TTR WEEKLY)

Could Increasing Taxes on Airlines Pay for the UK’s Green Transition?  (BIG ISSUE)

OTHER SECTORS

Is Your Travel Business Failing Its Digital Customers? Data Shows It Could Be (KARRYON)

Airfares and Hotel Room Rates Higher in Asia (TRAVEL DAILY MEDIA)

Business Travel Survey: Costly Mistakes to Avoid and More ‘Blended Travel’ (SKIFT)

Industry Spotlight


Sustainable Travel Management
Your Journey to a Greener Travel Program Just Got Easier!

Course Dates: September 18, 25, October 3, 9

Organizations worldwide are actively reevaluating their business travel practices to reduce impacts on the planet. If your company is one of them, it's essential to understand the implications and how your travel programs can contribute to this effort. The new Sustainable Travel Management course is here to help you on your journey. Over four modules and topical deep-dives, you will learn how to update your travel policies, engage with suppliers, track and manage emissions, and invest in decarbonization solutions. By taking this course, you will earn a Certificate of Completion, and GTP holders will earn 10 GTP® Recertification credits.

Learn more

 

Professional Development
Certificate in Corporate Travel Execution (CCTE)

Looking to make strategic decisions based on cost data and enhance your financial decision-making skills? Level up with the Certificate of Corporate Travel Execution!

Join Cornell University professor Mary MacAusland for an enlightening session on Accounting for Decision Making. Gain a comprehensive understanding of managerial accounting tools and their application in decision-making processes. Explore cost behavior, evaluate operating performance, and grasp the impact of variable and fixed costs on the bottom line. Dive into operating and capital budgets to gain a broader perspective on financial reports.

Register

Resources


Crisis24 Intelligence Brief

India - G20 summit prompting tight security and disruptions in and around Delhi, India, through Sept. 10. Local holidays declared. Attacks possible.

Russia - Airspace temporarily closed over Vnukovo and Domodedovo airports serving Moscow, Russia, early Aug. 25; lingering flight disruptions likely.

United Kingdom - Unionized ground staff at London Gatwick Airport, UK, cancel strikes planned for Aug. 25-28.

United States - Severe weather forecast across parts of the Great Lakes, US, through early Aug. 25. Transport, business, and utility disruptions likely.

More Information

Upcoming Events

Sustainable Travel Management
September 18, 25, October 3, 9

GBTA APAC Conference 2023 - Singapore
September 19 - 20

Advanced Priniciples of Business Travel Management
October 5, 12, 19, 26

GBTA + VDR Europe Conference 2023 – Hamburg
November 14 - 16

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GBTA APAC Conference 2023 is only a few weeks away - have you secured your spot yet? The Conference which is taking place in the Shangri- La Hotel, Singapore September 19 - 20 will feature...

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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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