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….
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…
I originally shared this as an email to all GBTA members and wanted to also post it to our blog to recognize these four great individuals. Among the notable events at this year’s fantastic Convention were four separate award winners. I would like to call special attention to each of them and recognize their hard…
*This post originally appeared as an editorial in the Global Business Travel Magazine’s July/August 2014 issue. * Convention is a place to learn, to build your business, or to be inspired by an amazing array of speakers. But for me, Convention will always be something more. On January 12, 2010, a devastating earthquake measuring 7.0…
In a report released earlier this week, the GBTA Foundation is forecasting slower growth for Brazil’s business travel spend. Brazil’s struggling domestic economy and the troubled regional economy are key factors in GBTA Foundation’s significant downgrade to business travel spend growth for the country. GBTA expects 3.6 percent growth in 2014 and 4.1 percent in…
Earlier this year, the Murray-Ryan budget deal boosted the Transportation Security Administration (TSA) security fee to a maximum of $5.60 one-way, but the TSA interpreted that to mean that the $10 limit that had previously been in place was eliminated. The bill’s authors — the chair and ranking member of the Homeland Security Committee and…
The business travel industry is at the forefront of today’s global economy. There is always something going on and it can be hard to keep up on it all! This new weekly post is meant to give you a quick overview of the week’s top business travel news stories. The week started with lots of…
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…
