In the initial aftermath of the first two travel bans issued by the Trump Administration and the electronics ban, GBTA conservatively projected a loss of $1.3 billion in overall travel-related expenditures in the United States in 2017. Given the cumulative effect of ongoing negative rhetoric and polices that ultimately discouraged international travel to the country, travel fared even worse than our original projections.
Last week, the GBTA Foundation released our latest quarterly U.S. business travel outlook projecting just over 3 percent growth in business travel spending for 2016 and 2017. Here are three key questions we’ve been hearing about the forecast. Will airfares drop in 2016? In 2015, price growth was the lowest we’ve witnessed since the Great…
When President Obama addressed the nation Sunday night to discuss the threat from ISIS, he seemed to suggest that one of America’s most important and effective security programs – the Visa Waiver Program – should be placed under review. However, the President misspoke, and the White House corrected the error within minutes. This correction is…
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…
According to The Hill, Reps. Joe Heck (R-NV) and Mike Quigley (D-IL) have re-filed a measure that is known as the Jobs Originated Through Launching Travel (JOLT) Act that would expand the expand the State Department’s Visa Waiver Program, which currently allows tourists from 38 nations to visit the U.S. without obtaining a visa. The…
It’s no secret that the U.S. dollar is strong right now and USA Today reports this is helping spur overseas business travel. GBTA’s Joe Bates told reporter Nancy Trejos that we’re definitely seeing the impact of a stronger dollar as well as lower commodity prices, especially the lower cost of jet fuel and other goods…
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