Alexandria, VA — Higher levels of optimism in the business travel sector have started to appear according to new research issued today by the Global Business Travel Association (GBTA). Domestic and essential business travel will likely resume first, especially with industry standardized health and safety standards. “For the first time since the start of the…
Brussels, Belgium (11 June 2020) – GBTA, the Global Business Travel Association, welcomes the European Commission’s efforts to coordinate Europe’s re-opening and the guidelines it published today on how to safely resume travel to the Schengen area. However, despite the recommendation to gradually start reopening external borders as of 1 July, the travel sector fears…
Alexandria, VA—There continues to be small signs of optimism in the travel sector according to new research issued today by the Global Business Travel Association. Health and safety measures have always been a cornerstone of travel and are now of significant importance as the industry tries to gain momentum for recovery. “People aren’t going to…
Alexandria, VA (April 28, 2020)— Over the past several months the world watched the global business travel industry come to a halt but according to new research issued today by the Global Business Travel Association, there are signs of optimism and recovery on the horizon. The study found that most companies are planning a recovery…
Alexandria, VA (April 8, 2020)— Business travel has become the latest casualty of the coronavirus pandemic by coming to a halt across the globe, according to the latest research conducted by the Global Business Travel Association (GBTA). This is the fifth poll that GBTA is releasing and the numbers are dire. To understand the coronavirus’s…
London (31 March 2020) – The Global Business Travel Association (GBTA) – are delighted that the European Union have agreed to suspend the airport slot rule until 24 October 2020. The rule obliged airlines to use a minimum of 80% of their take-off and landing slots in order to secure them for the following year,…
Alexandria, VA (March 23, 2020)— The coronavirus (COVID-19) continues to punish the global business travel industry, with business travel coming almost to a halt across the globe, according to the latest research conducted by the Global Business Travel Association (GBTA). Almost every GBTA member company (96 percent) report they have canceled and/or suspended all or…
Alexandria, VA (March 10, 2020)—The coronavirus (COVID-19) continues to impact the global business travel industry, with companies canceling meetings and instituting blanket business travel cancellations, according to the latest research conducted by the Global Business Travel Association (GBTA). GBTA members routinely send their employees to meetings and events throughout the world, with the primary destinations…
Alexandria, VA (February 27, 2020)— The coronavirus has the potential to threaten the entire global business travel industry. According to a new lightning poll released today by the Global Business Travel Association (GBTA), the virus could potentially cost the industry $46.6 billion per month. That translates into $559.7 billion annually, or 37% of the industry’s…
Minneapolis, 26 February 2020: CWT, the B2B4E travel management platform, and GBTA have published today ‘The Big Idea: How Can We Make Business Travel More Sustainable?’. The report’s findings stem from a large-scale brainstorm session on this topic, hosted during the GBTA Conference 2019 Munich and attended by senior industry…
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