Last week I wrote about GBTA’s new initiative called The Masters Honors. A major component of this unique recognition program is The Masters Honors Summit & Gala. Designed to elevate the business travel profession by recognizing the travel management professionals who are most engaged in moving our industry forward, this event will be held April…
Every quarter GBTA looks at economic trends and business spending to see where the business travel industry is headed. Our latest report, the BTI™ Outlook – United States 2015 Q4 – finds that U.S. business travel is an island of stability in a sea of global volatility. Overall, the BTI Outlook finds that the U.S. economy…
Last week, the GBTA Foundation released our latest quarterly U.S. business travel outlook projecting just over 3 percent growth in business travel spending for 2016 and 2017. Here are three key questions we’ve been hearing about the forecast. Will airfares drop in 2016? In 2015, price growth was the lowest we’ve witnessed since the Great…
With GBTA’s headquarters located in Alexandria, VA just outside of Washington, D.C., there has been much talk of the impending blizzard. USA Today writes about how the east coast blizzard is already a travel nightmare thanks to preemptive cancellations and notes that airlines are waiving changes fees ahead of the snowstorm. Let’s talk loyalty. Skift…
Earlier this week, GBTA and its European partner network congratulated the European Commission on the adoption of an aviation strategy last December and called for further engagement on issues of particular relevance to the business travel industry. In a letter to Commissioners, the organizations identified three areas for further discussion: Boosting competitiveness of the European Union’s…
A recent GBTA Foundation study, sponsored by Concur, looked at how corporate travel programs keep adapting in today’s changing world. It focused on how travel management companies (TMCs) are serving companies and business travelers by surveying both travel buyers and the travelers themselves. Let’s talk about priorities over the next five years. Travel buyers in…
A recent GBTA Foundation study, sponsored by Concur, talked to both business travelers and travel buyers about booking behaviors. Over the past year, business travelers are generally satisfied with booking business trips across a variety of channels. Looking at the United States, the United Kingdom and Australia, more than 85 percent of business travelers are…
It’s a new year and the Week in Review is back to keep you up to date on the latest happenings in business travel each Friday. Concerns are buzzing around Real ID, but it’s not true that Phase 4 – stopping a person with a non-compliant ID from boarding an airplane – is just days…
Last week GBTA released a poll of U.S. business travel buyers about their company’s travel to Europe. The poll showed U.S. travel to Europe remained resilient despite the attacks. We also surveyed European business travel buyers last week and issued the following statement today regarding the survey: GBTA Poll Shows European Business Travel Remains Resilient…
A recent GBTA Foundation study, in partnership with HRS, looked to better understand the expense reporting process at companies across the globe. First, GBTA identified how expense reports are currently processed. Seven in ten travel buyers (70 percent) currently do so internally using third-party software. Two in ten (19 percent) process expense reports internally without…
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