Earlier this week the GBTA Foundation released its latest quarterly forecast for business travel in the United States. Here are the key stats you need to know: U.S. business travel spending will increase by 4.9 percent in 2015 to $302.7 billion and the 2016 outlook anticipates a surge in economic activity and confidence leading to…
Last week, GBTA and German business travel buyer association VDR announced that Carsten Spohr, Chairman and CEO of Lufthansa Group, will be a featured speaker at our joint conference this November at the Congress Center, Messe Frankfurt. Spohr has served as Chairman of the Executive Board and Chief Executive Officer of Deutsche Lufthansa AG since May 1,…
Earlier this week, GBTA released our latest outlook for business travel in the United States. Our forecast shows business travel spending will increase by nearly 5 percent in 2015 to $302.7 billion, yet ongoing concerns about the U.S. economy are reining-in what could be even sharper growth. Global business travel both drives, and is driven,…
In late June, GBTA hosted its third annual successful conference in Sao Paulo, Brasil with more than 300 total attendees bringing together business travel professionals from Brasil with suppliers worldwide. The event took place at the Pullman Hotel, Vila Olympia, Sao Paulo, located within one of the city’s most prominent financial centers. With the continuing expansion of…
In May, the GBTA Foundation and American Express teamed up to bring you a first-of-its-kind study looking into how U.S. business travelers feel about their travel experience and how those feelings affect their actual behaviors related to travel. Today the two companies are back with an all-new global outlook. The first-ever GBTA Global Business Traveler…
Yesterday, a GBTA op-ed appeared on The Hill’s Congress Blog about our opposition to an increase in the Passenger Facility Charge (PFC) – yet another tax on business travelers. Road warriors strengthen the economy, create jobs and drive economic security. Travel should be promoted, not hit with never-ending taxes and fees. Here is an excerpt from…
It was a busy week for business travel news! On Monday, U.S. News & World Report wrote the U.S. Senate overwhelmingly confirmed Coast Guard Vice Adm. Peter Neffenger as the new leader for the Transportation Security Administration (TSA) by a vote of 81-1. GBTA urged the new TSA administrator to conduct a top-to-bottom independent review…
Today, the GBTA Foundation released a new study on virtual payment solutions sponsored by U.S. Bank. The following press release went out announcing the new report: Majority of Suppliers Accepting Virtual Payments About 20 percent of American businesses today pay for travel using cardless single-use “virtual” accounts, up from 13 percent last year, according to a…
The eyes of the world are now on Greece, watching and waiting to see if it will accept the terms of a third bailout, and ultimately whether it will leave the Eurozone. The more fundamental question, however, is what impact the Greek crisis will have on the larger European Economy? One way to gain insight…
The business of travel has brought the world within reach, with borders blurring and people intersecting in all corners of the globe. GBTA Convention brings the entire industry together every year making it a “do not miss” event. Every year there is a spectacular line up of speakers, educational offerings, the largest travel Expo floor…
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