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Fuel Shock Keeps Business Travel Prices Elevated Through 2026 With Relief Ahead in 2027, According to New GBTA Forecast

ByDebbie Iannaci

Airfares, hotel rates, ground transportation and meetings and events costs are expected to remain under pressure through year-end, driven by higher energy prices, rising labor costs and resilient global demand Following a year marked by unprecedented energy-market disruption and rising operational costs, global business travel prices are expected to remain elevated through the remainder of…

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Study: Navigating Transport in Unfamiliar Places is Southeast Asia’s Biggest Business Travel Stressor, Fueling Unapproved Ground Trips and Expense Uncertainty 

ByDebbie Iannaci

Nine in 10 business travellers (93%) desire a single, unified platform to manage ground transportation and meal-related expenses across Southeast Asia A new study by the Global Business Travel Association (GBTA) and Grab For Business reveals that companies in Southeast Asia can significantly improve the business travel experience by aligning their business travel programmes with…

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Global Business Travel and Events Prices Set to Stabilize Through 2025 and 2026, Amid Looming Economic Uncertainty

ByDebbie Iannaci

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…

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Employees and Companies Have a Shared Responsibility for Ensuring Ground Transport Safety for Business Travel, According to New Report from FREENOW and GBTA

ByDebbie Iannaci

Research examines how travel programmes can maximise the safety of ground transport on business trips across four key European markets: Germany, United Kingdom, Spain, and Ireland Both corporate travel managers and business travellers in Europe have a shared responsibility as well as opportunities to mitigate risk by making smart choices when it comes to ground…

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Safety, Sustainability and Cost Drive Today’s Business Travel Ground Transportation Strategies, According to New Research

ByTara Erwin

GBTA and the National Limousine Association explore how corporate travel programs manage and maintain ground transportation policies The wheels are constantly turning when it comes to ground transportation as part of a company’s business travel program. Now it’s becoming increasingly important for travel managers to think strategically when implementing effective policies and processes that reduce…

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Latest Report from FREENOW and GBTA Examines the Evolution of Ground Transportation in Europe for Business Travel

By

New findings emphasize post-pandemic travel recovery, sustainability and technology among the biggest changes and challenges There’s no putting the brakes on the way business travelers view and utilize ground transportation. That’s according to the latest report from FREENOW, Europe’s Mobility Super App, and the Global Business Travel Association (GBTA), the world’s largest business travel association. In…

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GBTA and Uber for Business Examine the Complex Perspectives Between Business Travelers and Travel Managers in New Report

By

The new age of business travel is intentional, with employees increasingly emphasizing work-life integration and changing dynamics This is according to a new report – “The Current State of Business Travel: Business Traveler and Travel Manager Priorities” – published today by the Global Business Travel Association (GBTA), the world’s largest business travel association, and sponsored…

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Business travelers set to see air fares rise by 8.4%, hotel rates by 8.2%, and car rental charges by 6.8% in 2023

By

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,…

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A New Way to Travel!

Byjcampbell

A Segway is a battery powered electric vehicle.  Divvy is a bike share program in Chicago. Bird and Lime are electronic scooters.  What do all these things have in common? They are alternative modes of transportation, now being used by many travelers. Does your corporate travel policy encompass these new alternatives to the traditional forms…

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Week in Review

Byjcampbell

Marriott International revealed that hackers breached its reservation system, compromising the personal data of up to 500 million guests, The New York Times reports. The personal information includes credit card numbers, addresses, and passport numbers. The hack began four years ago, and the hackers left behind clues that suggest they were working for a Chinese government intelligence-gathering operation, CNBC notes. According to Travel…

Week in Review
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Week in Review

Byjcampbell

Thai-based hospitality group Minor Hotels has purchased an additional stock in NH Hotels, increasing its holding to 94%, Business Traveller reports. The purchase will enable Minor Hotels to expand in Europe, while also allowing NH Hotels to put down roots in Asia. Icelandair has signed an agreement to buy budget airline WOW Air for nearly…