Business Travel Spending Increases Create Continued Economic Optimism

As you may have seen we just released our third quarter business travel forecast on Tuesday. Very much in line with last quarter’s forecast, U.S.-generated business travel spend is expected to increase by 6.8 percent to $292.3 billion in 2014. The forecast showed business travelers spent an estimated $72.8 billion on U.S.-originated business travel during…

Satisfied With Your TMC?

Today, the GBTA Foundation released a study showing travel managers in both the United States and Latin America report high levels of satisfaction with their Travel Management Company (TMC). Not surprisingly, cost and savings were considered key factors in both regions when it comes to considering what TMC to use. The study, “What Drives Travel…

Ebola Not Yet Affecting Business Travel, GBTA Foundation Poll Finds
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Ebola Not Yet Affecting Business Travel, GBTA Foundation Poll Finds

Update (February 10, 2015):  In the aftermath of the Ebola outbreaks in West Africa, the World Health Organization plans to implement reforms to “improve its ability to respond more quickly to the next outbreak of a lethal infectious disease,” The New York Times reports.   Ebola has been top of mind in the news lately,…

China Business Travel Spend Continues Growing at Double Digit Paces

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…

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Last Week in Review

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…

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Bumps in the Road – The Cost of Travel Mishaps

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…