News to Know

UK Businesses to Invest More in Business Travel
(SOURCE: BUSINESS LEADER)

UK businesses plan to invest more in business travel over the next 12 months, reflecting the importance of business travel to their continued success, according to new research by American Express.

The research, which surveyed both business travellers and decision-makers, found that around four-in-ten businesses (42%) are looking to increase the amount of business travel they undertake, while over two-thirds (68%) plan to ramp up their spending in this area by 50% or more compared to current levels.

The vast majority (82%) confirmed that business travel plays a key role in driving revenue, profitability and enabling growth; six-in-ten businesses (60%) plan to expand into new UK regions while over a third (35%) want to enter new international markets.

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GBTA Conference 2022 - Brussels in Partnership with VDR
Price Break Extended to 7 October

Want to know what’s next with sustainable travel and mobility? Registration is open for our first GBTA Sustainability Summit, taking place in Brussels on 8 November 2022 and focusing on Driving Action to Net Zero Business Travel. Price Break extended to 7 October, you can also save by registering for our GBTA Europe Conference at the same time.

Early Bird rate ends on Friday 7 October at 11:59 PM BST.

Feel free to reach out to sustainability@gbta.org for any questions and stay tuned for more updates on the programme and speakers.

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Crisis24 Intelligence Brief

Japan - Officials temporarily suspend service on Ginza Line section in Tokyo, Japan, Oct. 5 due to suspicious powder. Lingering delays likely.

New Zealand - Heavy snowfall forecast in South Island and parts of North Island, New Zealand through Oct. 6. Transport disruptions possible.

United States - Storm forecast to impact parts of northwestern and western Alaska, US, through at least Oct. 8. Coastal flooding and disruptions possible.

United States - Disruptions are ongoing across southeastern US as of late Oct. 4 following passage of Hurricane Ian; power outages and casualties reported.

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