Senator Amy Klobuchar, a major champion of business travel and someone The Washington Post called a rising star of the Democratic Party spoke to GBTA members as part of today’s Legislative Symposium. Sen. Klobuchar led off joking about the weather in Minnesota as she lauded the business community for being able to draw the NFL…
GBTA Conference 2015 Toronto wraps up today after three days of networking, education and discussion on key industry issues and trends. One of today’s highlights was a general session presentation from GBTA’s VP of Research Joe Bates talking about the economic impact of business travel on the Canadian economy. Richard Blackwell of The Globe and…
Today, the GBTA Foundation released its semi-annual business travel forecast for India. The report, sponsored by Visa Inc., showed the continuation of dramatic business travel growth for the region. For the second straight time, we upgraded our forecast projecting India’s total business travel spend to grow 9.8 percent in 2015 and 10.9 percent in 2016…
CBS Money Watch reported on a GBTA study this week showing China will soon top the United States in business travel spend in spite of a cooling economy and slower economic growth. Yahoo! News writes that early signs are showing new economic policies in China will have a long-term positive impact on the economy, which…
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…
GBTA released its latest quarterly forecast for U.S. business travel this week and business travel volume is on the rise. Charisse Jones of USA Today reported on the study saying an additional 2 million business trips are expected to take place this year over last and cites GBTA’s Joe Bates explanation that the cost of taking a…
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…
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