Frankfurt, Germany (11 November 2015) – In 2014, the European Council adopted Directive 2014/95/EU establishing mandatory environmental, social and governance reporting requirements for companies of significant public relevance with more than 500 employees. The EU member states are currently transposing the Directive into national law and mandatory reporting will be enforced beginning in 2017. The…
Frankfurt, Germany (11 November 2015) — The Global Business Travel Association (GBTA) and Project ICARUS are proud to announce the winners of the third annual European Sustainability Outstanding Achievement Awards. The awards recognize travel buyers, suppliers, intermediaries and teams who can demonstrate outstanding leadership, innovation and commitment to delivering best in class sustainability programs, products…
Frankfurt, Germany (10 November 2015) – Each year companies around the globe spend, on average, approximately half a million dollars and nearly 3,000 hours correcting errors in expense reports, according to a new study that identified pain points in expense reporting. The average cost to to process an expense report for a single night hotel…
Frankfurt, Germany (9 November 2015) – The Global Business Travel Association (GBTA) – the voice of the global business travel industry – and German business travel buyer association VDR – today opened their joint event to a record number of delegates. Building on last year’s outstanding success in Berlin, GBTA Conference 2015 | Frankfurt in…
FRANKFURT, Germany (November 9, 2015) – Business travel spending in Germany, the U.K., France, Spain and Italy combined will grow at over 6 percent in 2015 and 2016, a leading indicator that the European economy is “gathering steam” and is poised for a moderate economic breakthrough. These findings are part of the semi-annual GBTA BTI™…
Alexandria, VA (November 3, 2015) – Today, Transportation Security Administration (TSA) Administrator Peter Neffenger testified before the U.S. House of Representatives Committee on Oversight and Government Reform providing his vision for the evolving agency in response to a an inspector general investigation of TSA showing security failures at dozens of the nation’s busiest airports. He…
Alexandria, VA (November 2, 2015) – In the first-ever assessment of China’s Meeting, Incentive, Convention, & Exhibition (MICE) market, the GBTA Foundation found a total of 138.5 million domestic trips were taken for MICE purposes and MICE business travelers spent a total of $110 billion USD (¥680 billion CNY) during those trips in 2014. Nearly…
Alexandria, VA (October 29, 2015) – Millennials are nearly twice as likely to want to travel more for business than Baby Boomers (45 percent to 26 percent, respectively), and a strong majority of Millennials (57 percent) believe technology can never replace face-to-face meetings to get business done. Additionally, Millennials are far more likely to rely…
Alexandria, VA (October 22, 2015) – 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. A new global survey conducted by Global Business Travel Association (GBTA) and its European partner network shows 42 percent of travel buyers surveyed…
Brazil and Russia Lag Due to Political and Economic Turmoil Singapore (October 21) – China and India business travel will continue to grow at double digit rates over the next two years, a clear indication of the resiliency and strength of both economies. Despite recent economic turmoil, China business travel spending is projected to grow…
English 
Spanish 
French 
Portuguese