GBTA and Cvent survey of U.S., Canadian and European corporate travel managers shows shifts in sourcing approaches with a focus on cost control, carbon reduction and traveler experience As the business travel landscape continues to evolve, corporate travel managers are rethinking how they source hotels and meeting venues via their request for proposal (RFP) processes…
After several years of pandemic-induced volatility and recovery-driven spikes, business travel prices began showing signs of moderation last year. Now, prices are set to stabilize further over the next 18 months, according to the latest edition of the annual Global Business Travel Forecast released by CWT, the business travel and meetings specialist, and GBTA, the…
Letter to European Commission Emphasizes for Consistent Sustainability Measures in Business Travel In a move to advance sustainability in the hospitality sector, GBTA recently sent a letter to the European Commission’s Tourism Unit, DG MOVE. The letter advocated for the adoption of harmonized environmental standards for hotel accommodation, a crucial step towards achieving decarbonization goals…
In this feature series, GBTA’s Board of Directors share their views on topics that matter most to members, the industry, and the way forward for business travel. Today’s guest author is GBTA Board member Elizabeth (Liz) Oliveira, Global Travel Manager at OMERS. Are you immersed in the Hotel RFP season like me? It’s a very busy…
New GBTA and HRS Report Reflects Changes and Opportunities for Programs as Travel Rebounds With flights to key corporate destinations mostly full and hotel rates stubbornly high, corporate travel and procurement leaders are faced with a uniquely challenging environment as negotiations with suppliers for 2024 business travel volume start this quarter. The return of volume…
Coming Back and Setting the Stage for Global Business Travel Being back together as an industry at the GBTA Convention 2022 last week in San Diego marked a lot of memorable moments and firsts, not only for GBTA but for so many of you as well. Our Convention always represents the confluence of the global…
MINNEAPOLIS – Global travel prices are predicted to continue to increase in the remaining months of 2022 and throughout 2023, according to the 2023 Global Business Travel Forecast, published today by CWT, the B2B4E travel management platform, and the Global Business Travel Association (GBTA), the voice of the global business travel industry. Rising fuel prices,…
Ready for GBTA Convention 2022? Over 1,000 Travel Buyers Are It’s getting close to kickoff time with the GBTA Convention 2022 just days away. We know for some attendees, this might be your first foray out to attend a major global business conference since the pandemic began. Or maybe it’s even your first flight or first…
Corporate travel buyers have more choices than ever for hotels to host their business travelers. The largest hotel companies in the world—including Marriott International, Hilton, Hyatt, Wyndham, and AccorHotels—have more properties than ever after acquiring new brands or creating their own. Business travel makes up a large bulk of a hotel’s revenue, and corporate travel…
Following the two fatal Boeing 737 Max crashes, Boeing CEO Dennis Muilenburg has said that the company will release a software update for the aircraft soon, Buying Business Travel reports. According to Skift, the black box has been recovered from the Ethiopian Air Boeing 737 crash, and preliminary findings show clear similarities to the Lion…
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