Much of the week was dominated by the sad news of the Germanwings plane crash in the Alps killing 150 people. It soon came out that the fatal descent the flight took was deliberate and that according to CNN, the co-pilot was hiding an illness from his employers and had been declared “unfit to work”…
It’s no secret that the U.S. dollar is strong right now and USA Today reports this is helping spur overseas business travel. GBTA’s Joe Bates told reporter Nancy Trejos that we’re definitely seeing the impact of a stronger dollar as well as lower commodity prices, especially the lower cost of jet fuel and other goods…
Business travel is back, but the perks are not according to a USA Today article. GBTA’s Mike McCormick was interviewed for the article saying the growth in business travel comes back to that overall feeling of corporate confidence and seeing a return from putting business travelers on the road. He added that travelers are packing…
The GBTA Foundation released its latest quarterly U.S. business travel forecast today and trip volume is on the rise. While we lowered our forecast for business travel spending from last quarter because the costs of travel are falling and are now expecting 3.1 percent spending growth to $295.7 billion, we increased the forecast for person-trip volume…
The looming threat of a Department of Homeland Security (DHS) shutdown dominated the news this week – so much so that GBTA created an entire blog post devoted to a round-up of coverage on just this. Check out the latest news here. Also this week, The Hill reported that Department of Transportation Secretary Anthony Foxx…
*This post originally appeared as a ‘letter from Mike’ in Global Business Travel magazine volume three, issue one.* Not too long ago, business travel was largely limited to certain parts of the world. Now, business travelers regularly venture to dozens of countries on six different continents. The past 15 years alone have seen explosive growth…
GBTA began this week just as last week ended – advocating for Congress to pass a bill fully funding the Department of Homeland Security (DHS). GBTA’s Mike McCormick spoke with Joe Sharkey of The New York Times about how the funding standoff creates uncertainty for the business travel industry, which directly impacts the economy. USA…
GBTA released its latest business travel forecast for China today as part of a semi-annual series. Sponsored by Visa Inc., the report relates unfolding economic events at home and abroad to their resulting impacts on China’s business travel market. Here are the top five takeaways: China continued its so-called “soft landing” during the second half…
Do you have a favorite airline for business trips? Forbes shares the best airlines for business travelers in 2015. Cuba is making a splash in the news lately with the half-century U.S. embargo officially lifted last week. GBTA put together a blog post covered in this Successful Meetings article with background materials and links to…
Stuck at the airport? Yesterday’s winter storm was expected to impact more than 40 million travelers. Make sure you’re fully prepared with some of these invaluable tips in case you find yourself stuck at the airport: Keep Your Cell Ready – As soon as your flight cancellation is announced, quickly ring the airline or your…
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