Rep. Mario Diaz Balart (R-FL) today earned a round of applause from attendees at GBTA Legislative Symposium 2015 after stating that the appropriations bill that just came out of his Transportation Subcommittee did not include an increase to the passenger facility charge (PFC). Although he noted that there is a long road ahead, Diaz Balart…
GBTA Conference 2015 Toronto wraps up today after three days of networking, education and discussion on key industry issues and trends. One of today’s highlights was a general session presentation from GBTA’s VP of Research Joe Bates talking about the economic impact of business travel on the Canadian economy. Richard Blackwell of The Globe and…
Today, the GBTA Foundation released its semi-annual business travel forecast for India. The report, sponsored by Visa Inc., showed the continuation of dramatic business travel growth for the region. For the second straight time, we upgraded our forecast projecting India’s total business travel spend to grow 9.8 percent in 2015 and 10.9 percent in 2016…
On Thursday, the Senate Commerce, Science and Transportation’s Subcommittee on Aviation Operations, Safety and Security held a hearing to examine the funding of airport capital needs. The Hill’s Keith Lang reported on the potential topics including PFCs and talked with GBTA’s Mike McCormick about why GBTA opposes a hike in the PFC cap. The Washington…
“We are going to the Hill, we are going make a difference and we are going to make things happen” – Dianne Bradley, Chair of GBTA’s Government Relations Committee. Dianne, together with and Mike McCormick, GBTA Executive Director and COO, kicked off GBTA Legislative Symposium 2015 by welcoming the more than 90 members who…
CBS Money Watch reported on a GBTA study this week showing China will soon top the United States in business travel spend in spite of a cooling economy and slower economic growth. Yahoo! News writes that early signs are showing new economic policies in China will have a long-term positive impact on the economy, which…
According to The Hill, Reps. Joe Heck (R-NV) and Mike Quigley (D-IL) have re-filed a measure that is known as the Jobs Originated Through Launching Travel (JOLT) Act that would expand the expand the State Department’s Visa Waiver Program, which currently allows tourists from 38 nations to visit the U.S. without obtaining a visa. The…
According to The Hill, Reps. Joe Heck (R-NV) and Mike Quigley (D-IL) have re-filed a measure that is known as the Jobs Originated Through Launching Travel (JOLT) Act that would expand the expand the State Department’s Visa Waiver Program. The VWP has come under fire by some recently who say the program could weaken national security by allowing…
Today GBTA joined several traveler groups in support of Airlines for America’s (A4A) opposition to the proposed near doubling of the Passenger Facility Charge (PFC) – or Airport Tax. GBTA is proud to support StopAirTaxNow.com where you can learn more about the PFC and see why A4A says airports have plenty and passengers have had…
It’s no secret that the U.S. dollar is strong right now and USA Today reports this is helping spur overseas business travel. GBTA’s Joe Bates told reporter Nancy Trejos that we’re definitely seeing the impact of a stronger dollar as well as lower commodity prices, especially the lower cost of jet fuel and other goods…
Business travel is back, but the perks are not according to a USA Today article. GBTA’s Mike McCormick was interviewed for the article saying the growth in business travel comes back to that overall feeling of corporate confidence and seeing a return from putting business travelers on the road. He added that travelers are packing…
The GBTA Foundation released its latest quarterly U.S. business travel forecast today and trip volume is on the rise. While we lowered our forecast for business travel spending from last quarter because the costs of travel are falling and are now expecting 3.1 percent spending growth to $295.7 billion, we increased the forecast for person-trip volume…
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