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…
Today GBTA released our GBTA BTI Outlook – United States 2016 Q1 report, sponsored by Visa, Inc. In the video below, I break down four key headlines from the study.
The Mexican economy boasts a highly fluid and sophisticated economy with a free flow of goods, services and business travelers throughout the country’s various regions and states. Business travel itself is a huge driver of the country’s economic growth and health – accounting for $263.2 billion Mexican Pesos (about $15 billion) in 2015. A recent…
Businesses Spend As Cities Are Showcased For Future Business Meetings and Events It’s too early to know whether the Denver Broncos or Carolina Panthers will be champions, but there is already one clear winner of Super Bowl 50: the San Francisco Bay Area. Already, business travelers are streaming into the Bay Area from across the…
Every quarter GBTA looks at economic trends and business spending to see where the business travel industry is headed. Our latest report, the BTI™ Outlook – United States 2015 Q4 – finds that U.S. business travel is an island of stability in a sea of global volatility. Overall, the BTI Outlook finds that the U.S. economy…
Last week, the GBTA Foundation released our latest quarterly U.S. business travel outlook projecting just over 3 percent growth in business travel spending for 2016 and 2017. Here are three key questions we’ve been hearing about the forecast. Will airfares drop in 2016? In 2015, price growth was the lowest we’ve witnessed since the Great…
GBTA’s recently released quarterly U.S. business travel forecast, GBTA BTI™ Outlook – United States, showed the growth rate for business travel spending in the country is slowing. The study also looked into both group and individual business travel. Individual business travel soared in 2014, growing 6.7 percent, but total spending fell 0.3 percent over the…
English 
Spanish 
French 
Portuguese