People who work in the global travel industry know that theirs is a robust and growing market. Certainly, travel buyers, suppliers, managers and individual travelers alike know that global business travel spurs growth, fosters vital relationships and establishes the framework for innovation. Still, $1.2 trillion is a big number – roughly equivalent to Spain’s GDP…
Thursday’s Brexit vote dominated the news. With the results in and U.K. voters having chosen by a slim margin to leave the E.U., GBTA issued a statement on the outcome. Skift reported on what the Brexit vote means for the global tourism industry. London’s Heathrow Airport is one of the biggest gateways to Europe, and…
In a referendum vote yesterday, the people of the United Kingdom have voted to leave the European Union. For a briefing on what this means, click here. The following statement can be attributed to Michael W. McCormick, GBTA Executive Director and COO of the Global Business Travel Association (GBTA) – the voice of the business travel…
Tim Clark, president of Emirates Air, recently expressed concerns about the effects of Brexit on the EU economy, according to The National. Lufthansa’s CEO has also stated that he expects demand for air travel to fall if Britain leaves the bloc. GBTA’s recent Western Europe BTI found that while the ease of travel may be…
The United Kingdom’s exit of the European Union has travelers on high alert. But do they need to be? Experts say that Brexit will likely impact U.K. travelers more than U.S. travelers.
GBTA Calls on EU and UK Leaders to Agree on Outstanding Issues in the Withdrawal Agreement Progress in the Brexit negotiations since the June 2018 European Council Summit has been slow by every measure. The UK and EU negotiating teams have met in Brussels since mid-August in the hope of finalizing the outstanding issues in…
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