Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit at a much more moderate pace than the exceptionally steep increases seen in 2022. This is according to the 2024 Global Business Travel Forecast, published today by CWT, the business travel and meetings specialist, and…
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…
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…
Latest research from GBTA and Cvent explores the critical and evolving role of travel managers including reshaped responsibilities, compensation insights, DE&I advances, and career satisfactionLike most of us, corporate travel managers can divide their careers into two distinct eras: before COVID and after COVID. And like most professions, the ongoing adjustments for travel managers to…
Latest outlook poll explores impact of new airline retailing strategies and New Distribution Capability, industry workforce rebuilding challenges, and traveler experience realities amid disruption The global business travel industry continues working its way toward a forecasted $1.158 trillion* in travel spending in 2023 – but economics only tell part of the story. Even as the…
New research points to continued industry recovery, easing of supplier staffing constraints, and mixed outlook on China travel Global business travel is forecast to see an uptick in 2023 versus 2022. Companies are expected to send more employees on trips and travel suppliers anticipate an increase in corporate travel spending. Sectors such as finance, insurance,…
New report from GBTA and Deem examines the balance between employee travel satisfaction and corporate cost and policy objectives and the role innovation can play As business travel continues its steady return and recovery around the world, what does the landscape look like now for both companies and their employee travelers? A new research report –…
“Learning” Is Our Middle Name at GBTA One of our guiding tenets at GBTA providing meaningful learning opportunities for industry professionals throughout their career. That’s why you’ll find “Learning” among the trio of priority pillars of GBTA’s new brand. But most importantly, it is also our promise to you, our industry and how we’ll build…
The Latest Insights On What Lies Ahead For Business Travel’s Recovery I’ll take progress over perfection every day because progress is what truly gets you where you need to go. In our latest GBTA Business Travel Recovery Poll released last week, we definitely saw more signs of progress based on what almost 600 global business…
Inspiring Many More Voices Through the GBTA Membership Offer In our work and lives we know that words matter – but putting action behind them is critical to having an impact. Onstage at the GBTA Convention in San Diego, in celebration of the new era for GBTA and its member-focused journey, we committed to award…
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