Today, GBTA released our third quarter outlook for U.S. business travel, and it clearly shows the effects caused by an uncertain global economic environment. U.S. business travel spending will increase by 3.1 percent in 2015 and 3.7 percent in 2016. While this is still positive growth, it is down from our July projections of increased…
Last week, GBTA released its annual Compensation and Benefits study. If you haven’t already seen my post on average incomes for travel buyers increasing 5 percent over 2014, read it here. Last year travel buyers were noticeably more satisfied with their compensation after a four-year plateau. The trend continues this year as three quarters of…
The GBTA Foundation is establishing a Task Force of seasoned industry professionals to review, update and revise the existing Sustainability Benchmarking Tool. This endeavor, sponsored by BCD, is projected to take roughly 9 to 12 months. The existing tool is more than 6 years old. Much has happened in the business travel industry during this…
The GBTA Foundation is establishing a buyer-ledTask Force of seasoned industry professionals to review, update and revise the existing Managed Travel Index®, which is more than six years old. The purpose of the updated assessment is to benchmark the effectiveness of your managed travel program. This includes benchmarking end-to-end processes and meetings management. Most importantly,…
At GBTA Convention 2014 in Los Angeles, the GBTA Foundation first announced The Gift of Knowledge Initiative. This new initiative would develop and implement an innovative and comprehensive program to further develop the travel management profession in China. Thanks to the support of United as a founding leadership partner and other industry leaders, Ctrip Corporate…
A recent GBTA Foundation study released in partnership with Carlson Wagonlit Travel surveyed more than 500 North American business travelers looking at business travelers’ booking behaviors and found some interesting differences when it comes to Baby Boomers (55+) and Millennials (18-34) and their use of travel apps. While smart phones are practically universal among business…
The GBTA Foundation recently released a study in partnership with Carlson Wagonlit Travel that surveyed more than 500 North American business travelers looking at their booking behaviors, especially related to hotel booking, to learn more about booking priorities and levels of satisfaction. It turns out travelers have a diverse set of priorities when booking hotels…
The GBTA Foundation released its annual Compensation and Benefits study today that looks at salaries, bonuses, and benefits for U.S. travel buyers. In good news for travel buyers, salaries are up year over year increasing 5 percent to $110,000 for total pre-tax compensation in 2015. Median salaries are up, as well, increasing 6 percent to…
Welcome to the first in a series of blog posts designed to give you an introduction to the world of sustainability and take you through the rationale, methods, best practices and reasons why you should get involved. And, how you create an ROI! What IS sustainability – and what’s all the fuss about anyway? I’ll…
Today’s guest blog post comes from Brad Bennett, product marketing manager, corporate solutions, at Sabre. Are you prepared to be tomorrow’s travel manager? None of us know what the future holds, but we do know that the life of a travel manager in 2020 will be different than it…
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