At a cost of $60 billion a year, flight disruptions have an undeniable impact on corporate travel, affecting everyone along the spectrum from travel managers to TMCs to the travelers themselves. U.S. corporations are estimated to absorb $10 billion of that cost, and..
Looking back on the nineties, a few things come to mind: wearing slap bracelets and block-heeled shoes, religiously watching The Fresh Prince of Bel-Air, and even handpicking VHS tapes at Blockbuster – the ‘90s were truly a glorious time.
In the initial aftermath of the first two travel bans issued by the Trump Administration and the electronics ban, GBTA conservatively projected a loss of $1.3 billion in overall travel-related expenditures in the United States in 2017. Given the cumulative effect of ongoing negative rhetoric and polices that ultimately discouraged international travel to the country, travel fared even worse than our original projections.
As we continue our Throwback Thursday series, we take a look at the history of aviation and what its meant for business travel. While the names Orville and Wilber Wright jump to mind when you think of the beginning of aviation, it was Leonardo Da Vinci who is credited with some of the earliest studies of the possibility of flight. While he never constructed it, here is a drawing from 1490 of his plans for a “flying machine”.
The end of the year is always a great time to reflect on our accomplishments while simultaneously looking forward to the new opportunities presented by a new year. In that spirit, I want to celebrate the last days of 2017 and hope you are all having a wonderful holiday season.
Happy New Year! The Week in Review is back in action to inform you of the latest news and trends in business travel.
app-based, ride-hailing usage in corporate travel infographic
FOR IMMEDIATE RELEASE CONTACT: Colleen Lerro Gallagher, +1 315-447-2331, cgallagher@gbta.org Marianne Varkiani, +1 703-236-1164, mvarkiani@gbta.org Access to Risk Management Services Still Far From Universal Duty of Care Made Difficult by Lack of Visibility into Travel Plans FRANKFURT (November 28, 2017) – The vast majority of business travellers feel their companies take…
Innovation Row exhibitor Nour Mouakke, Founder and CEO of Wizme, joined GBTA’s Mike McCormick at our Broadcast Studio in Frankfurt. Nour shared that his time in the hospitality industry inspired him to create his start-up as he saw outdated systems used for booking on the hotel side and buyers who lacked visibility into the process.
During the late November GBTA Conference 2017 Frankfurt in partnership with VDR, a dozen suppliers announced breaking industry news at a special Media Cocktail hour preceding the event.
English 
Spanish 
French 
Portuguese