GBTA’s study reveals for every 1% of growth in business travel, the U.S. economy sees nearly 60,000 jobs, $2.9 billion in paid wages, $1.2 billion in tax revenue and $4.8 billion in new GDP The Global Business Travel Association (GBTA) today unveiled a new study, the “GBTA U.S. Economic Impact Study: Business Travel’s Impact on…
More than 800 industry professionals gathered to network, advocate teach and learn what’s fueling next-gen trends, spending and priorities amidst a dynamic regional market There’s no slowing down the enthusiasm and demand from the APAC region as it continues its upward trajectory in business travel volume, spending and career satisfaction, according to forecasts and insights…
Business Travel Professionals Show Optimism, Commitment in Their Career Outlook for 2024, According to Latest GBTA Poll Work life balance, contentment and industry opportunity in their roles fuel loyalty Global travel buyers and suppliers also report continued knowledge gaps, desire for clarity and implementation challenges related to New Distribution Capability As the business travel industry…
GBTA’s Canada Conference spotlights the resurgence in business travel spending, evolving industry trends, recognition of association volunteers and introduction of new regional leaders Business travel in Canada is poised for a strong, evolving future, according to the takeaways and forecasts unveiled during the Global Business Travel Association (GBTA) Canada Conference 2024 held in Toronto this…
Global industry professionals report strength in business travel numbers, outlook on potential risks ahead, and how travel policies are evolving to meet the needs of a remote / hybrid workforce The global business travel industry has put the pandemic behind it and is riding a wave of momentum at the start of 2024. A majority…
Expected spending on business travel across Europe continues to steadily increase due to pent-up demand, hybrid work environments, the return of travel and meetings and more stable economic conditions, according to GBTA Business Travel Index™ Outlook regional analysis After a slower regional rebound over the last few years, business travel spending in Europe is expected…
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…
Latest GBTA Business Travel Outlook Poll reveals positive recovery sentiment, emerging forecasts, industry priorities and potential barriers for the year ahead The majority of professionals in the global business travel industry say the sector has reached near-full recovery this year since the pandemic days of 2019. But even as business travel has rebounded, the industry…
As Q4 2023 continues full speed ahead and Q1 2024 rapidly approaching the horizon, now is the time to take stock of training budgets and professional development goals. Did you and your team utilize this year’s allotment? Are you pledging to focus more on your career in 2024? That’s why GBTA and eCornell, Cornell University’s…
GBTA reveals regional outlook data and insights during its sold-out 2023 GBTA APAC Conference held this week in Singapore After challenging years due to the pandemic, for 2023 and beyond, business travel in Asia Pacific is forecast for significant growth, with travel spending gaining 41% to USD $567 billion this year ─ and rising to…
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