*The following post was also sent as an email to GBTA Members.* With just two more months before we close out 2016, I wanted to take a moment to share a few highlights of recent GBTA events that have occurred in Latin America. As one of the most exciting business travel markets, Latin America has…
The top ten business travel markets in the world are not static. Indeed, recent GBTA Foundation BTI reports have shown that China has overtaken the United States as the largest business travel market in the world. There is a significant margin between the number one and two markets – China with $291 billion spent on…
In the early part of the 2000s, there was much talk of the BRIC countries – Brazil, Russia, India and China. These four markets were seen as rapidly developing examples of smart growth for other emerging economies around the world. Since the Great Recession, however, these four countries have grown at significantly different paces. China…
With Memorial Day, the unofficial start of summer, right around the corner, all eyes will turn southward to Brazil and the Olympic Games. While everyone hopes that the games are a success for the host country, Brazil’s economy and business travel industry have both gone through the proverbial ringer recently, and the forecast remains markedly…
This morning we released findings from GBTA’s BTI™ Outlook semi-annual forecast reports on Brazil, China, India and Russia, sponsored by Visa, Inc. Our VP of research, Joe Bates, is also presenting the results this week at ITB Asia in Singapore. In the latest round of forecasts, we found the BRICs are no longer acting as…
In late June, GBTA hosted its third annual successful conference in Sao Paulo, Brasil with more than 300 total attendees bringing together business travel professionals from Brasil with suppliers worldwide. The event took place at the Pullman Hotel, Vila Olympia, Sao Paulo, located within one of the city’s most prominent financial centers. With the continuing expansion of…
Today and tomorrow, GBTA is hosting its 3rd annual GBTA Conference in Sao Paolo, Brazil bringing together travel buyers and suppliers in Latin America. Attendees will be able to network, build relationships, discover new opportunities and trends in the corporate travel market and learn best practices for travel management. Conference attendees will also hear industry…
In a report released earlier this week, the GBTA Foundation is forecasting slower growth for Brazil’s business travel spend. Brazil’s struggling domestic economy and the troubled regional economy are key factors in GBTA Foundation’s significant downgrade to business travel spend growth for the country. GBTA expects 3.6 percent growth in 2014 and 4.1 percent in…
Today, the GBTA Foundation released its latest semi-annual business travel forecast for Brazil. It shows Brazil’s business travel industry moved up one spot in the rankings from last year to become the 8th largest business travel market in the world. And, if Brazil can maintain its overall economic growth levels experienced since 2005, GBTA expects…
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