Today, the GBTA Foundation released their annual study, 2014 Travel Management Compensation and Benefits Study, showing the majority of travel buyers (72%) are satisfied with their salaries, with average total compensation climbing six percent higher this year to $112,000. As expected, incomes increase with greater experience, position level, education, and size of company. Overall,…
The Week in Review keeps you up-to-date on the latest business travel news. We had some technical difficulties on Friday, but we’re back today with the latest in business travel news. Check back again this Friday for another wrap-up. The U.S. tightened security requirements for travelers from Europe and Asia on Monday. According to Reuters, visitors…
Last week, the GBTA Foundation released a study that showed technology is poised to transform the role of Travel Managers within the next three to five years. Currently, Travel Managers find that tactical tasks – managing vendor relationships, developing and monitoring programs and policies, etc. – dominate their current responsibilities. Thanks in part to technology…
It was a big week for business travel in Europe as GBTA along with German business travel buyer association VDR kicked off Europe’s largest business travel conference in Berlin. The GBTA Foundation released the results of its semi-annual Western Europe business travel forecast there predicting 4.9 percent growth in business travel spending in 2014 followed…
This week, I participated in a Board meeting for the U.S. Travel & Tourism Advisory Board (TTAB). As you may remember, I was appointed to serve on the TTAB on behalf of GBTA earlier this year. During the meeting, four subcommittees made recommendations to the Board based on our last few months of research and…
Week In Review We kick off this week’s news highlights with some positive news from a GBTA study released this week showing that most travel managers (72 percent) are satisfied with their salary. Average total compensation rose 6 percent year over year and the study also showed that travel managers enjoy significant benefits. Late last…
Last week, the GBTA Foundation released a study looking at travel manager awareness, adoption rates and satisfaction with dynamic pricing models for hotels. Dynamic Pricing for hotel corporate rates has been around for approximately 10 years, but the adoption of this pricing model has been a slow one. The study, Dynamic Hotel Pricing – Has…
Anytime you turn on the news lately, you cannot help but hear more about ebola. There has been a lot of uncertainty and questions about travel and ebola, so we have gathered as many resources as possible in this post for you to share with your travelers on the topic. Wednesday, the Centers for Disease…
As you may have seen we just released our third quarter business travel forecast on Tuesday. Very much in line with last quarter’s forecast, U.S.-generated business travel spend is expected to increase by 6.8 percent to $292.3 billion in 2014. The forecast showed business travelers spent an estimated $72.8 billion on U.S.-originated business travel during…
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