GBTA Foundation Annual Forecast Predicts Global Business Travel Spending to Hit Record High of $1.25 Trillion in 2015

GBTA Identifies Five Business Travel Markets of the Future Alexandria, VA – July 27, 2015 – Despite recent economic turbulence, China business travel will increase by 61 percent over the next 5 years, from $261 billion in 2014 to $420 billion in 2019. That increase is greater than the increases in business travel growth in…

GBTA Partners with ECPAT to Fight Child Exploitation in Travel

Orlando, FL – July 27, 2015 – Today at GBTA Convention 2015, the GBTA Foundation announced it is joining the fight to stop child exploitation by working with ECPAT, the leading anti-trafficking policy organization fighting sex tourism. “The GBTA Foundation and ECPAT stand shoulder-to-shoulder against the trafficking and exploitation of children,” said Daphne Bryant, GBTA…

GBTA Convention Panel Looks at the Future of Ground Transportation in A Sharing Economy

Alexandria, VA (July 23, 2015) – The Global Business Travel Association (GBTA) – the voice of the global business travel industry – today unveiled its final panel in an exciting line-up of speakers for GBTA Convention 2015, taking place next week, July 25-29 in Orlando, Florida. Ground Transportation in a Sharing Economy Tuesday, July 28,…

New GBTA Study Shows More Companies are Consolidating Meetings, Events and Travel Programs

ALEXANDRIA, VA – July 23, 2015 – One-half of Travel Buyers currently have or are in the process of creating a consolidated meetings, events and/or travel program, according to new research from the GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA). This marks a 14 percent growth in adoption…

| |

2016 Global Travel Price Outlook Reveals Six Global Hot Spots

Alexandria, VA & Amsterdam (21 July, 2015) — New research identifies six hot spots – India, China, Colombia, Mexico, Singapore and Australia — where increased business travel demand is driving significant air price increases. This is despite global air travel prices displaying signs that they will be essentially flat in 2016. “Business travel is a…

Constant Connectivity, Mobile Applications, and Digital Wallets Part of “Technological Transformation” Changing the Face of Business Travel, According to First-Ever Global Business Traveler Sentiment

Alexandria, VA (July 16, 2015) – Mobile technologies – including Wi-Fi, travel apps and digital wallets – are transforming business travelers’ experience around the globe. That’s according to the first-ever GBTA Global Business Traveler Sentiment Index™, research from the GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA), in partnership…

Travel Managers Expected to Increase Focus on Mobile, Virtual Payments and Data

Alexandria, VA (July 15, 2015) – Technology is an integral part of a Travel Manager’s role and will become increasingly more important in the future as travel managers seek to take a more strategic position within their organizations. This is according to a new study by the GBTA Foundation, the education and research arm of…

GBTA Foundation Whitepaper Explores Use of Technology to Improve Business Traveler Hotel Experiences

ALEXANDRIA, VA – July 14, 2015 – Business travelers are generally open to new technological advancements that will improve their hotel booking and staying experience, however there are some concerns around adoption rates among older travelers, according to a new whitepaper from the GBTA Foundation, the education and research arm of the Global Business Travel…

Study Shows Hotel Loyalty Programs Play Important Role in Corporate Travel Programs

ALEXANDRIA, VA – July 9, 2015 – Two-thirds (66 percent) of Corporate Travel Managers agree hotel loyalty programs play at least a “slightly important” role in their negotiations with hotels and one in five admit they play a “very important” or “extremely important” role, according to new research from the GBTA Foundation, the education and…

Business Travel Spending to Rise Nearly 5 Percent in 2015, But “Erratic” Economic Drivers Limit Growth

Alexandria, VA (July 7, 2015) – U.S. business travel spending will increase by 4.9 percent in 2015 to $302.7 billion, yet ongoing concerns about the U.S. economy will rein-in what could be even sharper growth, according to new research from the GBTA Foundation and Visa. The 2016 outlook anticipates a surge in economic activity and…