Today, GBTA released our third quarter outlook for U.S. business travel, and it clearly shows the effects caused by an uncertain global economic environment. U.S. business travel spending will increase by 3.1 percent in 2015 and 3.7 percent in 2016. While this is still positive growth, it is down from our July projections of increased…
*Updated – November 3, 2015, 11:30AM* U.S. Customs and Border Protection made its official announcement today about the expansion of Global Entry to UK citizens. UK citizens can register for Global Entry beginning December 3. Read the full release from CBP and see the latest coverage from Tom Newcombe of Buying Business Travel. Are you a…
Last week GBTA released a study, in partnership with WWStay, which revealed that nearly half (48 percent) of all U.S. business travelers have used an extended stay accommodation in the past 12 months when traveling internationally for business. An intriguing finding from the study showed that 60 percent of business travelers who use extended stay…
Last week, GBTA released its annual Compensation and Benefits study. If you haven’t already seen my post on average incomes for travel buyers increasing 5 percent over 2014, read it here. Last year travel buyers were noticeably more satisfied with their compensation after a four-year plateau. The trend continues this year as three quarters of…
The following is a guest post in our GBTA Ladders Blog Series. The GBTA Ladders program is a unique mentor program designed to help develop the passion and skills of business travel professionals enabling them to help solve the major challenges facing business travel. A call for new mentors and mentees for the next round…
The GBTA Foundation is establishing a Task Force of seasoned industry professionals to review, update and revise the existing Sustainability Benchmarking Tool. This endeavor, sponsored by BCD, is projected to take roughly 9 to 12 months. The existing tool is more than 6 years old. Much has happened in the business travel industry during this…
Real ID is a federal law passed as part of the 9/11 Commission in 2005 and requires states to issue standardized ID cards and driver’s licenses that include new technology. The intent of the law is to prevent forged documents and inhibit terrorism. There are four states that have yet to comply with the law…
The GBTA Foundation is establishing a buyer-ledTask Force of seasoned industry professionals to review, update and revise the existing Managed Travel Index®, which is more than six years old. The purpose of the updated assessment is to benchmark the effectiveness of your managed travel program. This includes benchmarking end-to-end processes and meetings management. Most importantly,…
The GBTA Foundation released its annual Compensation and Benefits study today that looks at salaries, bonuses, and benefits for U.S. travel buyers. In good news for travel buyers, salaries are up year over year increasing 5 percent to $110,000 for total pre-tax compensation in 2015. Median salaries are up, as well, increasing 6 percent to…
A recent GBTA Foundation study released in partnership with Carlson Wagonlit Travel surveyed more than 500 North American business travelers looking at business travelers’ booking behaviors and found some interesting differences when it comes to Baby Boomers (55+) and Millennials (18-34) and their use of travel apps. While smart phones are practically universal among business…
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