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,…
New research released today by the GBTA Foundation and American Express looks into how U.S. business travelers feel about their travel experience and how those feelings affect their actual behaviors related to travel. The GBTA Business Traveler Sentiment Index™, in partnership with American Express, is a proprietary data-centered barometer based on business traveler’s attitudes toward…
*This post originally appeared as a ‘letter from Mike’ in Global Business Travel magazine volume three, issue one.* Not too long ago, business travel was largely limited to certain parts of the world. Now, business travelers regularly venture to dozens of countries on six different continents. The past 15 years alone have seen explosive growth…
This week, I participated in a Board meeting for the U.S. Travel & Tourism Advisory Board (TTAB). As you may remember, I was appointed to serve on the TTAB on behalf of GBTA earlier this year. During the meeting, four subcommittees made recommendations to the Board based on our last few months of research and…
The Week in Review keeps you up-to-date on the latest business travel news. We had some technical difficulties on Friday, but we’re back today with the latest in business travel news. Check back again this Friday for another wrap-up. The U.S. tightened security requirements for travelers from Europe and Asia on Monday. According to Reuters, visitors…
Last week, the GBTA Foundation released a study looking at travel manager awareness, adoption rates and satisfaction with dynamic pricing models for hotels. Dynamic Pricing for hotel corporate rates has been around for approximately 10 years, but the adoption of this pricing model has been a slow one. The study, Dynamic Hotel Pricing – Has…
It’s Tax Day in the United States – the dreaded day for many on which individual income tax returns are due to the federal government. The Beatles 1966 hit song “Taxman” tells a story of despair at being overtaxed to the breaking point. If you drive a car, I’ll tax the street If you try…
Alexandria, Virginia – The Global Business Travel Association (GBTA) – the world’s largest business travel association, today launches the findings from a study into how travel managers view online booking tools (OBTs). The study, made possible by Deem, examines how U.S. and Canada-based travel managers view corporate booking technology and how the pandemic has impacted…
Today we’re talking about new research from GBTA in partnership SAP Concur, looking at sustainable corporate travel in Europe. As efforts to increase environmental awareness have given rise to ecotourism and “flight shaming” in the consumer space, it’s unclear how these efforts impact corporate travel programs. This study explores how corporate travel managers address sustainability…
Today we’re talking about new research from GBTA in partnership SAP Concur, looking at the evolution of corporate travel content. As innovation and technology continue to disrupt nearly every aspect of an organization, this recent study of U.S. travel managers explores the impact of such changes on corporate travel management and reveals interesting insights on…
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