In the Jimi Hendrix song referenced in the title of this post, it takes about half a day traveling by dragonfly to get to Spain. Luckily for business travelers, there are many more comfortable options for traveling to and from Spain than insects. Indeed, it is expected that total business travel spending in Spain will…
Each year, companies spend millions of dollars on travel expenditures across a number of payment methods. While corporate cards, Central Travel Accounts (CTAs) and an employee’s personal card are currently the most popular payment methods, alternatives, like virtual payments, for corporate travel are making their way onto the scene as options with less upfront control…
The GBTA Foundation conducted a new study in partnership with WWStay to understand how travel programs approach their need for extended stay accommodations. This is a follow up to a 2015 study showing nearly half of U.S. international business travelers have used extended stay accommodations in the past 12 months, with 72 percent of Millennials…
With Memorial Day, the unofficial start of summer, right around the corner, all eyes will turn southward to Brazil and the Olympic Games. While everyone hopes that the games are a success for the host country, Brazil’s economy and business travel industry have both gone through the proverbial ringer recently, and the forecast remains markedly…
One of the perks of being a frequent business traveller is gaining points and status through the loyalty programs of preferred ground, air and hotel providers. Indeed, being able to get an upgrade and/or earn additional extras that business travellers value makes being on the road for business that much more pleasant. But how valuable…
Navigating airport security is one of the most important parts of the modern travel process, yet, at times, it can be the most frustrating. Every day, as business travelers enter security lines at airports, their blood pressure increases as they wait in line to take off their shoes, remove their belts and place laptops in…
A recent GBTA Foundation study, in partnership with HRS, looked to better understand the expense reporting process at companies across the globe. First, GBTA identified how expense reports are currently processed. Seven in ten travel buyers (70 percent) currently do so internally using third-party software. Two in ten (19 percent) process expense reports internally without…
Millennials, far more than their Gen X or Baby Boomer colleagues, want to travel more for business. For some, this is part of a love affair with the road. For others, it’s a realization that nothing – not even technology – can replace a face-to-face meeting. Overall, according to a new U.S. study from the…
Yesterday, the GBTA Foundation released a study, sponsored by Starwood Hotels & Resorts, that assessed China’s Meeting, Incentive, Convention & Exhibition (MICE) market. This is the first time the market has been quantified like this revealing that MICE activity comprises nearly half (42 percent) of total domestic business travel volume in China and 45 percent…
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…
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