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Global Business Travel and Events Costs Moderating in 2024, with Continued Modest Increases in 2025

Latest research from CWT and GBTA reveals that while costs will continue to rise, the pace of these increases will be notably slower through 2024 and into 2025 Global business travel and events prices appear to be moderating following the dramatic increases seen in recent years. The 2025 Global Business Travel Forecast, published today by…

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Corporate Travel Industry Must Embrace Emerging Technology to Remain Competitive and Accelerate Growth According to New Research from GBTA and Cvent

Report outlines the importance of technology in the business travel industry as a disruptor and enabler with artificial intelligence and blockchain at the top of the emerging technology list The time for technology to transform, disrupt and accelerate business travel growth is here – according to a new study, “The Future is Now: Technological Transformation…

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Podcast: Convention Preview Episode: All About Education!

For this week’s episode, The Business of Travel interviews GBTA’s SVP of Professional Development and Research Amanda Cecil to learn all about what to expect out of education at the upcoming GBTA Convention. Hope to see you there starting this Saturday – August 11-15 in San Diego!     You can download and listen to The Business of…

Creating a Frictionless Travel Experience – Part 1
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Creating a Frictionless Travel Experience – Part 1

The GBTA Foundation, in partnership with Sabre Corporation, set out to explore the topic of traveler friction around the world. The recently released study looked at traveler friction from both the business traveler perspective and also from the perspective of the managed travel and human resource professional. The objective was to identify the main challenges…

Risk, Mobility and Consumerization Were the Hot Topics of GBTA Conference 2016 Frankfurt in Partnership with VDR
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Risk, Mobility and Consumerization Were the Hot Topics of GBTA Conference 2016 Frankfurt in Partnership with VDR

GBTA, VDR Wrap Successful Event With Record Attendance The Global Business Travel Association (GBTA) – the voice of the global business travel industry – and German business travel buyer association VDR – wrapped up their third successful joint conference in Europe this week with record attendance. The event brought together over 950 attendees from 20+…

Video Blog: Benefits & Barriers for Single-Use Virtual Payments

Video Blog: Benefits & Barriers for Single-Use Virtual Payments

During our Convention this summer, GBTA’s Nancy Tudorache caught up with Jennifer Swenson of U.S. Bank at the GBTA Broadcast Studio after she took part in an education session on virtual payments. Jennifer shared highlights from a GBTA Foundation research project conducted in partnership with U.S. Bank focusing on the benefits and barriers of virtual…

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Week in Review

This week in business travel news, Inc. covered the latest GBTA study, in partnership with American Express, showcasing the Millennials’ secret weapon for winning over business. Successful Meetings also covered the study, writing about Millennials embrace of business travel with a majority of the group saying technology can never replace face-to-face meetings to get business done. In…

Guest Post: Are You Prepared to be Tomorrow’s Travel Manager?

Guest Post: Are You Prepared to be Tomorrow’s Travel Manager?

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…

Business Travel Keeps Growing, But Erratic Economic Drivers Limit Growth

Earlier this week, GBTA released our latest outlook for business travel in the United States. Our forecast shows business travel spending will increase by nearly 5 percent in 2015 to $302.7 billion, yet ongoing concerns about the U.S. economy are reining-in what could be even sharper growth. Global business travel both drives, and is driven,…