Earlier this week the GBTA Foundation released its latest quarterly forecast for business travel in the United States. Here are the key stats you need to know: U.S. business travel spending will increase by 4.9 percent in 2015 to $302.7 billion and the 2016 outlook anticipates a surge in economic activity and confidence leading to…
Yesterday, a GBTA op-ed appeared on The Hill’s Congress Blog about our opposition to an increase in the Passenger Facility Charge (PFC) – yet another tax on business travelers. Road warriors strengthen the economy, create jobs and drive economic security. Travel should be promoted, not hit with never-ending taxes and fees. Here is an excerpt from…
It was a busy week for business travel news! On Monday, U.S. News & World Report wrote the U.S. Senate overwhelmingly confirmed Coast Guard Vice Adm. Peter Neffenger as the new leader for the Transportation Security Administration (TSA) by a vote of 81-1. GBTA urged the new TSA administrator to conduct a top-to-bottom independent review…
Today, the GBTA Foundation released a new study on virtual payment solutions sponsored by U.S. Bank. The following press release went out announcing the new report: Majority of Suppliers Accepting Virtual Payments About 20 percent of American businesses today pay for travel using cardless single-use “virtual” accounts, up from 13 percent last year, according to a…
The business of travel has brought the world within reach, with borders blurring and people intersecting in all corners of the globe. GBTA Convention brings the entire industry together every year making it a “do not miss” event. Every year there is a spectacular line up of speakers, educational offerings, the largest travel Expo floor…
The eyes of the world are now on Greece, watching and waiting to see if it will accept the terms of a third bailout, and ultimately whether it will leave the Eurozone. The more fundamental question, however, is what impact the Greek crisis will have on the larger European Economy? One way to gain insight…
Yesterday, the Global Business Travel Association (GBTA) Meetings Committee and the Convention Industry Council (CIC) APEX Workgroup (APEX) released a new joint whitepaper, Improving eRFP Efficiency and Effectiveness for the Meetings Industry. The following press release went out announcing the new resource: The whitepaper combines findings from complimentary research conducted by the two groups in…
Last night, the U.S. Senate voted to confirm President Barack Obama’s choice of Peter Neffenger to be the next head of the Transportation Security Administration (TSA) by a vote of 81-1. GBTA issued the statement below calling for a top-to-bottom review of TSA. First Order of Business for New TSA: Right The Ship On Monday night,…
The industry reacted swiftly and loudly this week after IATA introduced a proposal that standard carry-on baggage sizes be reduced to dimensions about 20 percent smaller than what most major airlines currently allow. IATA put the proposal on hold after much opposition including New York Senator Chuck Schumer who came out against the proposal saying…
Yesterday, we announced that we were pleased IATA put on hold its proposal to reduce the size of carry-on baggage by 20 percent. After polling our Members we now believe the proposal should be entirely scrapped. We released the statement below this morning that includes our polling data along with a comment from Senator Chuck…
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