Global Uncertainty Causing Delays in Business Travel Growth

Global Uncertainty Causing Delays in Business Travel Growth

On Tuesday, GBTA released our quarterly U.S. business travel forecast sponsored by Visa, Inc. According to the GBTA BTI Outlook – United States 2016 Q1 report, U.S. business travel will continue to grow only moderately in 2016 as global uncertainty looms. While the latest GBTA BTI™ Outlook survey found that 2016 will look very similar…

Week in Review

Week in Review

This past week, GBTA released its quarterly U.S. business travel forecast. USA Today’s Nancy Trejos covered the report writing, companies will continue to send employees out on the road this year, but they will do so at a more moderate pace. Delta Airlines CEO Ed Bastian agreed with the forecast that business travel demand will…

The Travel Habits of Highly Effective Mexico Business Travelers: Overnight Trips Drive a Booming Market

The Travel Habits of Highly Effective Mexico Business Travelers: Overnight Trips Drive a Booming Market

If the typical Mexican business traveler were to set up an online profile, it might read, “successful, college educated, middle-upper management professional male seeks to contribute to $263.2 billion Mexican peso (MXN) industry through frequent, individual, overnight business trips to the South-Central region of the country.”  Indeed, according to a recent study sponsored by the…

China Overtakes the United States as World’s Largest Business Travel Market

China Overtakes the United States as World’s Largest Business Travel Market

While it is pretty much a photo finish, China edged past the United States in total business travel spending at the end of 2015 by a billion U.S. dollars making it the largest business travel market in the world. The two countries finished the year with $291.2 billion in spend compared to $290.2 billion, respectively,…

Week in Review
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Week in Review

For Earth Day, airports and airlines are marking the day with environment-focused special events, according to USA Today. In major news this week, the Los Angeles Times covered a recent GBTA Foundation report showing China has surpassed the United States as the global leader in business travel spending. Entrepreneur also reported on the reasons behind…

Week in Review
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Week in Review

GBTA’s Mike McCormick joined the Skift team this week along with Evan Konwiser, VP Digital Traveler for American Express Global Business Travel, to talk about how business travel is trying to become more traveler-friendly. Listen to the full podcast to hear more about traveler satisfaction, bleisure, technology in business travel and more. Also in Skift,…

The Mexican Business Travel Industry: A Healthy Business Travel Industry is Driving Growth in all Regions of Country

The Mexican Business Travel Industry: A Healthy Business Travel Industry is Driving Growth in all Regions of Country

The Mexican economy boasts a highly fluid and sophisticated economy with a free flow of goods, services and business travelers throughout the country’s various regions and states. Business travel itself is a huge driver of the country’s economic growth and health – accounting for $263.2 billion Mexican Pesos (about $15 billion) in 2015. A recent…

How Successful are Travel Buyers at Communicating Company Travel Policy?
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How Successful are Travel Buyers at Communicating Company Travel Policy?

82 percent of travel buyers believe they successfully communicate their company’s travel policy, according to a new survey, Valuable Vendor Contract Add-ons: Prioritizing + Communicating = Saving. The survey, which was sponsored by Amadeus, found that travel buyers by and large feel they effectively communicate company travel policies regarding approved vendors and booking channels for…

Despite a Majority of Business Travellers that Prefer an OBT, Many still use other Options

Despite a Majority of Business Travellers that Prefer an OBT, Many still use other Options

It’s a common frustration among travel buyers: despite time, energy and resources that go into securing advantageous contracts with preferred air, ground and hotel providers, many business travelers still go outside of a business’ official travel channels such as a corporate online booking tool (OBT). A recent survey of European business travellers sponsored by Concur,…

The Critical Need for Duty of Care
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The Critical Need for Duty of Care

Once again, last week, the world watched in horror as scenes from another terrorist attack unfolded. Three attacks, coming just days after one another, were all in popular, busy sections of cities, where commuters, tourists and business professionals carried on with their day-to-day lives. Of course, as the world watches and mourns, life for bystanders…