U.S business travel is expected to continue its surge in 2014 despite a record-breaking, seemingly endless winter where the effects of the polar vortex and multiple snowstorms halted travel across much of the country. Despite all of this, for the second quarter in a row, we are increasing our business travel spending forecast for this…
Alexandria, VA (December 14, 2017) – Today, the International Air Transport Association (IATA) released an economic briefing on the impact of raising the Passenger Facility Charge (PFC). According to IATA, a $4 per segment increase to the PFC would increase the cost of travel to, from and within the United States by 1.9 percent for…
Alexandria, Va. – December 12, 2017 – Travel, meeting and event program consolidation — when organizations connect internal structures that overlap in function, but have not historically communicated with each other — has grown 62 percent since 2015. If this trend continues at this rate, two-thirds (68 percent) of programs will be fully consolidated by…
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