October 28, 2024

News to Know

US Airlines, Hotels Lean Into Digital Tools Amid Uptick in Corporate Travel
(SOURCE: PYMNTS)

As business travel rebounds in the United States, airlines are reaping the benefits of renewed spending from corporate clients. Consider that 62% of CEOs expect their companies to increase travel budgets this year, according to a TravelPerk-commissioned report.

This resurgence is fueled by the recognition of the value of face-to-face interactions in driving revenue and creating employee morale. Other contributing factors to increased business travel include higher attendance at conferences and an increase in workforce size, the report found.

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AVIATION

Major Airline Takes Drastic Steps to Avoid Bankruptcy (THE STREET)

Airlines Continue Suspensions of Commercial Air Routes to Middle East (TRAVEL TOMORROW)

European Airlines’ Q3 Struggle With Plane Delays, High Costs (SWISS INFO)

SUSTAINABILITY

Wizz Air Tests Alternative Fuel (THE BUDAPEST TIMES)

Johnson Controls Joins World Sustainable Hospitality Alliance To Revolutionise Energy-Positive Hotels (4HOTELIERS)

HOSPITALITY

Moscow to Add 25,700 Hotel Rooms by 2030 (TRAVEL AND TOUR WORLD)

OTHER SECTORS

ICCA Announces Partnership with Arabian Travel Market and GBTA (FTN NEWS, GBTA FEATURED)

Startup Stage: Travly Connects Brands Through Targeted Engagement (PHOCUSWIRE)

The Future of Business Travel: Boom or Bust? (TRAVEL NEWS, GBTA FEATURED)

Industry Spotlight

Inclusion and Culture Library

As a part of their primary goal to cultivate an inclusive environment where everyone, regardless of their circumstances, feels valued and respected, the GBTA | Inclusion & Culture Committee unveiled the Inclusion & Culture Library!

It has been meticulously designed to serve as a comprehensive resource hub, addressing all facets of Inclusion & Culture topics and provide you with a valuable reference point, offering insights, strategies, and resources to advance Inclusion & Culture initiatives within your organization.

Access Toolkit Here

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Resources

Crisis24 Intelligence Brief

Asia - TS Kong-rey tracking west-northwestward over the Philippine Sea early Oct. 28. Landfall in Taitung County, Taiwan, likely late Oct. 31.

Georgia - Demonstrations likely across Georgia following Oct. 26 parliamentary elections; major protest planned Oct. 28 in Tbilisi.

Philippines - Disruptions ongoing across northern and central Philippines Oct. 27 following TS Trami passing. Dozens of fatalities reported.

Turkiye - Authorities maintain tight security across Turkiye through at least late October after Oct. 23 attack in Ankara. Disruptions likely.

More Information

Upcoming Events

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

GBTA Project Crew and Team Travel Summit 2024 | Houston
November 18 - 19

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