Video: GBTA Foundation 2016 Q1 Business Travel Outlook
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.
economy
economy
The Mexican Business Travel Industry: A Healthy Business Travel Industry is Driving Growth in all Regions of Country
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…
The Super Bowl Winner? The Host City
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…
U.S. Business Travel: An Island of Stability
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…
A Deeper Dive into GBTA’s U.S. Business Travel Forecast
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…
Business Travelers Report High Satisfaction with Business Travel Experience
The latest GBTA Business Traveler Sentiment Index™, in partnership with American Express, shows business travelers enjoy most elements of the travel experience. Satisfaction is highest with staying at hotels (78 percent), the overall travel experience (73 percent) and making travel arrangements (73 percent). While satisfaction levels are high, a decline of 3.7 percentage points in…
Group Business Travel Spending Exceeds Individual Travel Spend in the United States
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…
Delivering Sustainability Results with Supplier Partners
Sustainability in Action… So far in my sustainability series posts we have talked about the principles, opportunities and benefits from creating a ‘Responsible Travel Program’. Let’s now look at a real-life example of how working with your suppliers can deliver a great program, and a significant return on investment. Autodesk is a global leaders in…
Government Shutdown More Than Just Political Theater
In a couple short weeks, we will face a political standoff over the debt ceiling and the prospect of yet another government shutdown a few weeks after that. An op-ed from GBTA ran on The Hill’s Congress Blog this week about the lasting and real impact this is having on the economy. I know the Trump 2016 reality…
Week in Review
This week in business travel news CNN reported on the increasing bleisure travel trend looking at the new breed of traveler who is mixing business with leisure. They turned to GBTA’s ranking of the top 15 business travel markets to see where travelers are “splashing the cash” on these trips. Bloomberg covered the GBTA Foundation’s…
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