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Last Week in Review

The Last Week in Review keeps you up-to-date on the latest business travel news. Last week’s GBTA poll on how North American businesses are reacting to the Ebola situation continues to make news with coverage in Roll Call. GBTA Executive Director Mike McCormick once again spoke with the New York Times about the importance of…

Travel Managers Find Satisfaction, Cost-Savings with Dynamic Pricing Model
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Travel Managers Find Satisfaction, Cost-Savings with Dynamic Pricing Model

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…

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Ebola & Business Travel: What You Need to Know

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…

Business Travel Spending Increases Create Continued Economic Optimism

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…

Satisfied With Your TMC?

Today, the GBTA Foundation released a study showing travel managers in both the United States and Latin America report high levels of satisfaction with their Travel Management Company (TMC). Not surprisingly, cost and savings were considered key factors in both regions when it comes to considering what TMC to use. The study, “What Drives Travel…

China Business Travel Spend Continues Growing at Double Digit Paces

Today we released our latest forecast for the Chinese business travel market – and it continues to grow at a double digit pace. In fact, GBTA forecasts China’s total business travel spend to grow 15.9 percent in 2014 to $262 billion USD and another 18 percent in 2015. The unprecedented growth in China’s economy has…

Visionary CEOs Take Center Stage to Discuss Future of Travel
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Visionary CEOs Take Center Stage to Discuss Future of Travel

GBTA kicked off the second day of Convention with CBS’ Travel Editor Peter Greenberg interviewing Doug Parker, CEO, American Airlines Group and American Airlines. Parker discussed American Airlines’ outstanding second quarter earnings – the best second quarter earnings in the airline’s history. “We couldn’t be happier with the results,” he said. “Through the merger we…