News to Know

Bleisure Travel Market Is Estimated to Cross $731.4 Billion by the End of 2032
(SOURCE: DIGITAL JOURNAL)

Emergence of bleisure travel is expected to boost the market growth in the future. Moreover, incorporation of multiple industry such as hospitality, as well as new strategies by companies are expected to promote sustainability and result in the market growth in the upcoming years.

According to a new report published by Allied Market Research, titled, “Bleisure Travel Market,” The bleisure travel market size was valued at $315.30 billion in 2022, and is estimated to reach $731.4 billion by 2032, growing at a CAGR of 8.9% from 2023 to 2032.

Industry Spotlight

GBTA Latin America
GBTA Strengthens Presence in Latin America with New Advisory Board Members

GBTA reinforced its presence in Latin America with the announcement of several new appointments to its LATAM Advisory Board for the 2023-2025 term. New Advisory Board members are:

• Advisory Board Chair
  • Felipe Cardona, Head of Travel Operations, The Americas – Novartis

• Direct members
  • Nancy Goycochea, Regional Travel Manager, Unilever
  • Nancy Cabezas, Partner Experience Manager PACA & México - Travel Management and T&E, Bayer
  • Gabriela Salles Oliveira, Director - Global Travel Department, BTG Pactual
  • Conrado Sainz, Corporate Travel Global Manager, Exiros - Techint Group

• Allied members
  • Monica Crawfurd, Managing Director of Sales Caribbean & Latin America, Hilton
  • Diana Olivares, General Manager, Mexico, LATAM Airlines
  • Denis Tassitano, Vice President, Head of Concur, Latin America & Caribbean, SAP Concur
  • Felipe Mesquita, Head of Expansion, Copastur

The role of the Advisory Board is to help shape and guide the strategy of GBTA Latin America, working closely with the GBTA leadership team. Read the full announcement here.

Click here for more information about GBTA membership, events and programs in Latin America.

GBTA Ladders
Building the Next Generation of Business Travel Professionals

Engaging the Workforce of the Future

As a part of the GBTA Foundation's People Pillar, the Ladders program provides the emerging business travel professional a unique and inspiring opportunity to learn from leading industry expert mentors in a competition-based team environment.

Now Recruiting for Ladders Season 10

The deadline for interested mentees to apply to be a part of Season 10 is 30 September 2023.

The Season 9 Cohort hosted representatives from 13 countries worldwide. Ladders is hoping to expand even further in Season 10 to include ideas and innovation from our global membership.

Resources

Crisis24 Intelligence Brief

Brazil - Flooding ongoing across Rio Grande do Sul and Santa Catarina states, Brazil, as of Sept. 5. Casualties and damage reported.

Denmark - Denmark extends increased border security through at least Nov. 11. Travel disruptions possible.

France - Unionized workers to strike in France, protest in Montmorency on Sept. 6. Additional demonstration planned Sept. 8.

Spain - Activists to gather in front of Roman Theatre in Merida, Extremadura, Spain, from 19:30 Sept. 7. Tight security likely.

More Information