*This post originally appeared as a ‘letter from Mike’ in Global Business Travel magazine volume three, issue one.* Not too long ago, business travel was largely limited to certain parts of the world. Now, business travelers regularly venture to dozens of countries on six different continents. The past 15 years alone have seen explosive growth…
Business travel is hard—and expensive—enough. States and local governments shouldn’t make it even harder and more expensive by adding unnecessary taxes on car rentals. But that is exactly what many such governments are doing, and business travelers from companies of all sizes are paying the price, along with automakers, consumers and insurers. It’s time for…
GBTA released its latest business travel forecast for China today as part of a semi-annual series. Sponsored by Visa Inc., the report relates unfolding economic events at home and abroad to their resulting impacts on China’s business travel market. Here are the top five takeaways: China continued its so-called “soft landing” during the second half…
Today GBTA announced its support for a Department of Commerce (DOC) and Department of Homeland Security (DHS) plan to improve inbound air travelers’ experiences. The report DOC and DHS released further underscores the fact that failing to fully fund the Department of Homeland Security could have serious, unintended consequences for business travel, an industry that…
The Last Week in Review keeps you up-to-date on the latest business travel news. Last week’s GBTA poll on how North American businesses are reacting to the Ebola situation continues to make news with coverage in Roll Call. GBTA Executive Director Mike McCormick once again spoke with the New York Times about the importance of…
As you may have seen we just released our third quarter business travel forecast on Tuesday. Very much in line with last quarter’s forecast, U.S.-generated business travel spend is expected to increase by 6.8 percent to $292.3 billion in 2014. The forecast showed business travelers spent an estimated $72.8 billion on U.S.-originated business travel during…
Looking to catch up on the latest in business travel news? Find it here each week, in the Week in Review post. The Ebola outbreak continues to dominate the news cycle. The New York Times and Buying Business Travel reported on announcements that enhanced screening of passengers will begin as select U.S. and UK airports. NBC…
In a report released earlier this week, the GBTA Foundation is forecasting slower growth for Brazil’s business travel spend. Brazil’s struggling domestic economy and the troubled regional economy are key factors in GBTA Foundation’s significant downgrade to business travel spend growth for the country. GBTA expects 3.6 percent growth in 2014 and 4.1 percent in…
As GBTA becomes increasingly global, we continue to develop new resources that will be useful to our members and the industry from a global perspective. Just a few weeks ago, Donna Kelliher our President and CEO wrote to you about the new Global Leaders Directory 2014, which enables you to connect with key leaders around…
Today, the GBTA Foundation released its latest semi-annual business travel forecast for Brazil. It shows Brazil’s business travel industry moved up one spot in the rankings from last year to become the 8th largest business travel market in the world. And, if Brazil can maintain its overall economic growth levels experienced since 2005, GBTA expects…
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