Senator Amy Klobuchar (D-MN) spoke this afternoon at the 14th Annual GBTA Legislative Symposium, an event that brings business travel professionals to Washington, D.C. to meet with lawmakers to share opinions on key industry issues. Senator Klobuchar spoke positively about the FAA bill passing in the Senate, which was received by applause. She spoke passionately…
As we recently announced, China has overtaken the United States as the top business travel market in the world. This was one of the main findings of the recently released GBTA BTI Outlook China 2016 H1 that was sponsored by Visa. While some would see China overtaking the U.S. as positive indicator for the overall…
Rep. John Katko (R-NY) was a featured speaker today at the 14th Annual GBTA Legislative Symposium, an event that brings business travel professionals to Washington, D.C. to meet with lawmakers to share opinions on key industry issues. Rep. Katko spoke passionately about the bills he has worked so hard to get passed in the House….
In 2015, the global economic growth rate grew at its slowest rate since 2009. This stagnant growth had a clear impact on international outbound (IOB) travel from the United States according to GBTA’s BTI 2016 Q1 Outlook, which was sponsored by Visa. For years IOB travel growth was a key driver of the economic recovery…
2016 is off to a slow start for business travel for both group and individual business travel according to GBTA’s BTI Outlook – United States 2016 Q1, which was recently released and sponsored by Visa. The study found there was paltry growth for individual business travel volume, which grew 0.3 percent in 2015 and actually…
On Tuesday, GBTA released our quarterly U.S. business travel forecast sponsored by Visa, Inc. According to the GBTA BTI Outlook – United States 2016 Q1 report, U.S. business travel will continue to grow only moderately in 2016 as global uncertainty looms. While the latest GBTA BTI™ Outlook survey found that 2016 will look very similar…
This past week, GBTA released its quarterly U.S. business travel forecast. USA Today’s Nancy Trejos covered the report writing, companies will continue to send employees out on the road this year, but they will do so at a more moderate pace. Delta Airlines CEO Ed Bastian agreed with the forecast that business travel demand will…
If the typical Mexican business traveler were to set up an online profile, it might read, “successful, college educated, middle-upper management professional male seeks to contribute to $263.2 billion Mexican peso (MXN) industry through frequent, individual, overnight business trips to the South-Central region of the country.” Indeed, according to a recent study sponsored by the…
While it is pretty much a photo finish, China edged past the United States in total business travel spending at the end of 2015 by a billion U.S. dollars making it the largest business travel market in the world. The two countries finished the year with $291.2 billion in spend compared to $290.2 billion, respectively,…
For Earth Day, airports and airlines are marking the day with environment-focused special events, according to USA Today. In major news this week, the Los Angeles Times covered a recent GBTA Foundation report showing China has surpassed the United States as the global leader in business travel spending. Entrepreneur also reported on the reasons behind…
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