News to Know

Iran War Ceasefire Is Positive for Airlines, IATA’s Walsh Says
SOURCE: THE STAR, 4/8

The two-week ceasefire between the US and Iran is "positive” for the aviation industry, but jet fuel and ticket prices will remain elevated for some time, said Willie Walsh, the head of the airline industry’s global trade body.

"Even two weeks is a positive because we will see some flow of oil return,” Walsh, who will take over as chief executive officer of Indian budget carrier IndiGo later this year, said in an interview with Bloomberg Television. 

Industry Spotlight

GBTA Convention 2026 | Chicago
Rates Go Up at Midnight. Register Today.

Today is the last day to secure your current registration rate for GBTA Convention 2026. Starting tomorrow, you'll pay more for the same access to world-class education, 300+ exhibitors, and a global network of 5,000+ business travel professionals. This August 3–5, Convention will deliver the strategies, solutions, and relationships that move your program forward.

GBTA Professional Development
GBTA Releases Updated Global Hotel RFP Standards 

GBTA has released updated Global Hotel RFP Standards to simplify corporate hotel sourcing and align with GBTA’s Sustainable Procurement Standards (People + Planet). The update introduces streamlined questions and data formats, incorporates sustainability guidance, and establishes an ongoing feedback process to support future improvements across the industry. 

Industry participants are encouraged to get involved by downloading the standards, applying to the regional  Accommodations Committee, and submitting feedback to help shape future enhancements.  

Learn more and access resources here.