2016 is off to a slow start for business travel for both group and individual business travel according to GBTA’s BTI Outlook – United States 2016 Q1, which was recently released and sponsored by Visa. The study found there was paltry growth for individual business travel volume, which grew 0.3 percent in 2015 and actually…
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,…
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…
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…
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…
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…
The following post was originally sent as an email to GBTA members earlier today, April 8, 2016. Dear GBTA Members, As the month of April quickly gets underway, I am writing to tell you about the exciting things occurring at GBTA, which feature three key events. We kick things off in Miami with The Masters…
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,…
Today GBTA released our GBTA BTI Outlook – United States 2016 Q1 report, sponsored by Visa, Inc. In the video below, I break down four key headlines from the study.
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…
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