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…
Earlier this month, GBTA released a study on extended stay accommodations in partnership with WWStay. It looked at usage patterns and preferences finding differences across generations and genders when it comes to U.S. international business travelers and also covered how extended stay accommodations fit into travel policies. This post looks into satisfaction, preferences and challenges…
A new study released today from the GBTA Foundation, in partnership with American Express, reveals that Millennials are significantly more likely to want to travel more for business than Baby Boomers (45 percent to 26 percent, respectively). In addition, a majority of Millennials (57 percent) believe technology can never replace face-to-face meetings to get business…
This morning we released findings from GBTA’s BTI™ Outlook semi-annual forecast reports on Brazil, China, India and Russia, sponsored by Visa, Inc. Our VP of research, Joe Bates, is also presenting the results this week at ITB Asia in Singapore. In the latest round of forecasts, we found the BRICs are no longer acting as…
On September 1, the Lufthansa Group implemented a €16 per booking surcharge on travel purchased anywhere other than its websites, service centers and airport ticket counters. This morning we issued the findings from a new global survey conducted by GBTA and its European partner network showing 42 percent of travel buyers surveyed have decreased bookings with Lufthansa since it…
Sustainability in Action… In this third blog post in my new sustainability series, I continue explain why following a responsible approach to a sustainable travel and meetings program is good for business. Having a sustainable travel program for business travel and meetings is no longer a ‘nice to do’. ‘No longer a ‘nice to do!’…
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,…
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