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…
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…
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…
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…
The Week in Review keeps you up-to-date on the latest business travel news. This week, GBTA has been at the ITB Asia conference where we unveiled our latest business travel spend report on China and Asia Pacific. Most notably, as Travel Daily Media reported, nearly 40% of business travel spending will come from Asia Pacific….
Last week the GBTA Foundation released a study that looked at the cost of travel mishaps. As a road warrior, chances are you have been there and done that as 75 percent of travelers encountered a mishap while traveling for business in the last year. When these mishaps occur, it costs the traveler time and…
The Week In Review post is back this week to keep you up-to-date on the latest news stories on business travel. A special business travel insert appeared last Friday in the Toronto Star. GBTA’s Director of Operations for Canada shared her thoughts on the latest trends in business travel as well as business travel’s role…
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