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June 7, 2024

News to Know


Growing Global Middle Class, Improving Business Travel Boost Outlook for Hotel Brands
(SOURCE: COSTAR)

The first quarter of 2024 was worse than most hoteliers predicted, but chief executives from some of the world's largest hotel brands projected a great deal of confidence in the industry's outlook.

During the CEOs panel on the first day of the NYU International Hospitality Industry Investment Conference, the heads of major hotel brand companies shared their perspectives on why hotels will weather short-term challenges.

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AVIATION

Etihad Airways, China Eastern Airlines Sign Joint Venture (TTG ASIA)

Last-Minute Bookings and Border Queues: Here’s How Airlines Think the EES Will Affect Passengers (EURO NEWS)

Airlines Might Finally Start Selling Personalised Products Soon (BREAKING TRAVEL NEWS)

GROUND TRANSPORTATION

Heathrow Express Unveils New Corporate Booking Platform (RAIL BUSINESS DAILY)

HOSPITALITY

Radisson Charts Expansion Plan in Middle East (KHALEEJ TIMES)

OTHER SECTORS

EU Designates Booking.com As a 'Gatekeeper'; Signaling a New Era for European Hoteliers (HOTEL NEWS RESOURCE)

US Business Travel Industry Responsible for Nearly 2% of GDP (TRAVEL BIZ MONITOR, GBTA FEATURED)

Industry Spotlight


GBTA Europe Webinar
An Insider View on European Elections. What Does It Mean for Business Travel?

June 13 | 2:00 PM - 3:00 PM (CET)

On June 6-9, European voters will elect 720 Members of the European Parliament – the world’s only directly elected transnational assembly. Ahead of the ballots, we’re taking a look at what needs to be done to keep European business travellers moving efficiently and sustainably in 2024 and beyond. We spelt this out in our Policy Priorities document.

In addition, on 13 June, just a few days after the elections take place, GBTA will organize a webinar for its members on what the results mean for business travel. Members will have the opportunity to ask questions to our expert speakers. Register now.

 

GBTA Foundation
Embrace Inclusive Business Travel with the GBTA Accessibility Toolkit

In today’s business travel ecosystem, it’s never been more important to foster more comprehensive accessibility in our travel programs. Available in the GBTA Hub, the GBTA Accessibility Toolkit offers structured guidance to help improve accessibility within travel programs and thereby build a more seamless travel landscape for all. By making accessibility a priority, companies within our industry can experience an enriched corporate image, increased employee satisfaction, and strategic alignment with legal obligations. Start using the Accessibility toolkit now.

Resources


Crisis24 Intelligence Brief

Algeria - Heatwave forecast to impact northern Algeria through at least June 7. Localized transport and utility disruptions possible.

Canada - Public transit workers call off June 7 strike in Toronto, Canada, following successful negotiations. Normal services to continue.

China - Millions of people in Greater China to celebrate Dragon Boat Festival June 8-10. Transport and business disruptions likely.

France - Tight security certain for European parliamentary elections in New Caledonia June 9 amid ongoing tensions and transport disruptions.

More Information

Upcoming Events

GBTA U.S. Legislative Summit 2024
June 10 - 12

GBTA Annual Business Meeting
June 26

GBTA Convention 2024
July 22 - 24

GBTA +VDR Conference 2024 in Partnership with the Nordic Business Travel Associations | Copenhagen
November 4 - 6

View More Events

Business travel makes the world go ‘round – but what impact does it have on the U.S. economy? According to the latest GBTA research, business travel is responsible for almost 2% of the country’s GDP and 3.5% of employment. For more findings in the GBTA U.S. Economic Impact Study: Business Travel’s Impact on Jobs and the U.S. Economy report, click here.

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GBTA Career Spotlight
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Use the GBTA Career Center to post your business travel job openings and access thousands of qualified industry professionals looking to make their next career move.

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