Earlier this year, Advito released a 2017 Industry Forecast that predicts pricing across key travel areas, noting the difficulty in projecting demand due to uncertainty surrounding the U.S. presidential election. Despite the element of uncertainty, Advito predicts a five percent to six percent increase in hotel rates and flat pricing for airfare and car rental…
Late last week, Brazil’s competition regulator Cade approved Qatar Airways’ stake purchase in Latam Airlines. Earlier this year in July, Qatar Airways agreed to acquire up to 10 percent of Latam’s shares, granted they moved forward with a $613 million capital increase. Around the same time, GBTA’s Nancy Tudorache had an opportunity to chat with…
Are your employees trained to recognize and avoid threats while traveling? What perils will your business travelers face and what protective measures do you currently have in place? Top executives from iJet, International SOS, and New York Life Insurance Company addressed these questions and shared ways in which companies can safeguard their business travelers in…
Two weeks ago, the GBTA Foundation, in partnership with HRS, released a report identifying business traveller perspectives on company travel policies, compliance and valued amenities. Here’s a quick breakdown of highlights from the report:
A couple of months ago, Marriott International became the largest hotel chain in the world after closing on a $13 billion acquisition of Starwood Hotels & Resorts. With 30 brands now under one umbrella, there has been much speculation over Marriott’s plan to manage them all. Over the Thanksgiving weekend, Marriott began implementing a strategy…
What would it take to get you to spend less on a business trip? Would you embrace smart spending strategies if it meant being rewarded with a gift card? That’s the idea behind Rocketrip. With global business travel spend forecasted to reach $1.3 trillion USD in 2016, some companies are looking for new ways to…
Earlier this year the GBTA Foundation released a study in partnership with American Express Global Business Travel exploring the drivers of business travel satisfaction. In the video below, GBTA researchers Jeanne Liu and Kate Vasiloff discuss the study findings, diving into the generational divide when it comes to travel satisfaction.
During GBTA Conference 2016 Frankfurt in partnership with VDR last week, GBTA Executive Director Mike McCormick and VDR Executive Director Hans-Ingo Biehl delivered a speech from Centre Stage focused on our collective advocacy efforts in the EU as we work to deliver a pro-business travel message to the elected and appointed governmental decision makers in…
Just last week, Alaska Airlines used a wood-based biofuel to power a cross-country flight from Seattle to Washington, D.C. The flight was powered by a jet fuel blend containing 20 percent renewable biofuel made from the leftovers of logging. The airline reports it could reduce greenhouse gas emissions by nearly 142,000 metric tons of CO2 annually…
European policymakers have a key role to make business travel safer and more efficient. We look forward to joining forces to ensure that business travel remains a catalyst for economic development in Europe.
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