GBTA Study Finds More Than Half of Companies Considering Resuming Travel in Near Future

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…

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GBTA Endorses Postponement of 2020 Hotel RFP Amid Coronavirus Pandemic

Alexandria, VA — The Global Business Travel Association, the voice of the business travel industry, announced today that it will endorse the postponement of the 2020 Hotel RFP until 2021 due to the coronavirus pandemic’s effect on the travel industry. This decision comes after several weeks of discussions among GBTA’s U.S and European accommodations committees,…

Scott A. Solombrino Appointed Chief Executive Officer of GBTA

Alexandria, VA — The Global Business Travel Association, the voice of business travel industry, has appointed current Executive Director and Chief Operating Officer Scott A. Solombrino Chief Executive Officer following a unanimous vote by the Association’s Board of Directors. “We are thrilled to equip our operating leader with the proper tools to guide the industry…

The First Signs of Optimism Emerge in Latest GBTA Study

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…

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Global Business Travel Becomes the Latest Casualty of the Coronavirus Pandemic

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…

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GBTA Welcomes EU Suspension of Airport Slot Rule until 24 October 2020, to Ease Industry Crisis following the Coronavirus Pandemic

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,…

GBTA Signs on to Industry Requests to Congress in Key Verticals of Global Business Travel

Alexandria, VA (March 23, 2020)—The following statement can be attributed to GBTA COO and Executive Director Scott Solombrino: “The coronavirus has completely upended the global travel industry. Business travel is a global economic driver, directly or indirectly supporting one in every seven jobs. GBTA supports the following requests on the part of the aviation, hotel,…

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Coronavirus is Decimating Entire Global Travel Industry; Travel Comes to a Halt Across the Globe

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…

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New GBTA Research Shows Coronavirus Continues to Impact the Business Travel Industry

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…

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The Coronavirus has the Potential to Jeopardize the Global Business Travel Industry

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…