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…
The UK boasts the second highest level of spending on business travel in Western Europe according to a recent forecast from the GBTA Foundation. In 2014 business travel spend in the UK totaled $43.5 billion USD – 5.4 percent growth over the previous year. GBTA expects momentum to continue to build with business travel spending…
GBTA’s recent forecast for business travel in Western Europe shows the French economy continues to have one leg in the northern tier and the other in the southern periphery. Still, business travel spending began to gain momentum in 2013 and continued to advance in 2014, albeit at a modest rate of 2%. After slowing to…
The Spanish economy was one of the most challenged in Western Europe from 2011 through 2013 as it battled high levels of public debt, soaring unemployment and stagnating economic growth. The latest GBTA business travel forecast for Western Europe shows a surprising turnaround for the country however. Spain has exhibited a remarkable economic turnaround driven…
Poor economic prospects continue to take their toll on the Italian business travel market according to the recent GBTA Foundation Western Europe business travel forecast. Italy’s labour and markets continue to lack the structural and political reforms necessary for getting the economy back on its feet. Spending on business travel in Italy only grew 1.3…
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…
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…
This week’s round-up starts with raves and rants. Money reports on the most loved and hated airlines in America ranked by the number of passenger complaints. Southwest and Jet Blue found themselves among the most liked according to the report. What do you look for from an airline? Skift reported on a SITA survey showing…
*This post originally appeared as an op-ed in Global Business Travel magazine volume three, issue two.* That’s the name of the game at July’s GBTA Convention 2015. This year’s Convention, July 25-29, is in Orlando, Florida, the home of Walt Disney World. Branding itself the “happiest place on Earth,” Disney World is a place predicated on…
Business travel in Western Europe is finally standing on solid ground. Companies however are still showing a penchant toward saving for the future in case the economy backslides – that pessimism is slowly starting to abate, but optimism has not fully set in. Still, the stronger economy, lower energy prices and smart fiscal policies are…
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