Europe’s Largest Business Travel Conference Opens Today in the Heart of Europe’s Economic Power House

Frankfurt, Germany (9 November 2015) – The Global Business Travel Association (GBTA) – the voice of the global business travel industry – and German business travel buyer association VDR – today opened their joint event to a record number of delegates. Building on last year’s outstanding success in Berlin, GBTA Conference 2015 | Frankfurt in…

GBTA Pleased By TSA Administrator Neffenger’s Efforts to Right the Ship

Alexandria, VA (November 3, 2015) – Today, Transportation Security Administration (TSA) Administrator Peter Neffenger testified before the U.S. House of Representatives Committee on Oversight and Government Reform providing his vision for the evolving agency in response to a an inspector general investigation of TSA showing security failures at dozens of the nation’s busiest airports. He…

Chinese Business Travelers Spend $110 Billion USD on Meetings & Events in China

Alexandria, VA (November 2, 2015) – In the first-ever assessment of China’s Meeting, Incentive, Convention, & Exhibition (MICE) market, the GBTA Foundation found a total of 138.5 million domestic trips were taken for MICE purposes and MICE business travelers spent a total of $110 billion USD (¥680 billion CNY) during those trips in 2014. Nearly…

Millennials Want to Travel More for Business, Embrace Value of Face-to-Face Meetings

Alexandria, VA (October 29, 2015) – Millennials are nearly twice as likely to want to travel more for business than Baby Boomers (45 percent to 26 percent, respectively), and a strong majority of Millennials (57 percent) believe technology can never replace face-to-face meetings to get business done. Additionally, Millennials are far more likely to rely…

Travel Buyers Show Strong Support For Current Distribution System

Alexandria, VA (October 22, 2015) – On September 1, the Lufthansa Group implemented a €16 per booking surcharge on travel purchased anywhere other than its websites, service centers and airport ticket counters. A new global survey conducted by Global Business Travel Association (GBTA) and its European partner network shows 42 percent of travel buyers surveyed…

BRICs No Longer a Bloc for Business Travel Growth

Brazil and Russia Lag Due to Political and Economic Turmoil    Singapore (October 21) – China and India business travel will continue to grow at double digit rates over the next two years, a clear indication of the resiliency and strength of both economies.   Despite recent economic turmoil, China business travel spending is projected to grow…

СТРАНЫ БРИКс БОЛЬШЕ НЕ РАССМАТРИВАЮТСЯ КАК ЕДИНЫЙ БЛОК В ВОПРОСЕ РАЗВИТИЯ ДЕЛОВОГО ТУРИЗМА

Singapore (October 21, 2015) – Business tourism in China and India will develop rapidly (growth rates will be measured in double digits), which is clearly indicated by the stable economic situation of both countries. Despite the recent unrest in the Chinese economy, it is expected that by the end of 2015, the growth of business…

How Much Do Expense Reports Really Cost a Company?

How Much Do Expense Reports Really Cost a Company?

Recently the GBTA Foundation released a study, in partnership with HRS, to better understand the expense reporting process at companies across the globe, to learn about the pain points in the process and to identify areas of opportunity to improve existing practices. One of the key takeaways discovered in the study is the true costs…

GBTA and VDR Announce A Trio of Industry Titans To Give ‘A View From the Corner Office’ at GBTA Conference 2015 in Partnership with VDR

London, 15 October 2015 – The Global Business Travel Association (GBTA) – the voice of the global business travel industry – and German business travel buyer association VDR – today announced that Alan Rich, CEO, Chrome River; Bill Glenn, President and CEO, American Express Global Business Travel and Patrick Diemer, Managing Director and Chairman, AirPlus…

GBTA America Latina Conference in Argentina Boasts Impressive Turnout for Fourth Consecutive Year

ALEXANDRIA, VA – October 14, 2015 – The Global Business Travel Association (GBTA) – Latin America region in conjunction with GBTA Argentina, recently hosted its fourth annual successful GBTA Conference Latin America held at the Buenos Aires Sheraton Hotel & Conference Center October 5 – 7. Over 375 travel professionals from 11 Latin American countries…