Group Business Travel Spending Exceeds Individual Travel Spend in the United States

GBTA’s recently released quarterly U.S. business travel forecast, GBTA BTI™ Outlook – United States, showed the growth rate for business travel spending in the country is slowing. The study also looked into both group and individual business travel. Individual business travel soared in 2014, growing 6.7 percent, but total spending fell 0.3 percent over the

Business Travelers Report High Satisfaction with Business Travel Experience

The latest GBTA Business Traveler Sentiment Index™, in partnership with American Express, shows business travelers enjoy most elements of the travel experience. Satisfaction is highest with staying at hotels (78 percent), the overall travel experience (73 percent) and making travel arrangements (73 percent). While satisfaction levels are high, a decline of 3.7 percentage points in

Chinese Business Travelers Spend $110 Billion USD on Meetings & Events in China

Yesterday, the GBTA Foundation released a study, sponsored by Starwood Hotels & Resorts, that assessed China’s Meeting, Incentive, Convention & Exhibition (MICE) market. This is the first time the market has been quantified like this revealing that MICE activity comprises nearly half (42 percent) of total domestic business travel volume in China and 45 percent

GBTA Pleased By TSA Administrator Neffenger’s Efforts to Right the Ship

Alexandria, VA (November 3, 2015) – Today, Transportation Security Administration (TSA) Administrator Peter Neffenger testified before the U.S. House of Representatives Committee on Oversight and Government Reform providing his vision for the evolving agency in response to a an inspector general investigation of TSA showing security failures at dozens of…

GBTA Pleased By TSA Administrator Neffenger’s Efforts to Right the Ship

GBTA issued the release below today on TSA Administrator Neffenger’s testimony. You can find our release from earlier this summer urging TSA to conduct a top-to-bottom review here. Today, Transportation Security Administration (TSA) Administrator Peter Neffenger testified before the U.S. House of Representatives Committee on Oversight and Government Reform providing his vision for the evolving

Chinese Business Travelers Spend $110 Billion USD on Meetings & Events in China

Each Individual Traveling for MICE Meetings Spends an Average of $1,100 Per Trip
Alexandria, VA (November 2, 2015) – In the first-ever assessment of China’s Meeting, Incentive, Convention, & Exhibition (MICE) market, the GBTA Foundation found a total of 138.5 million domestic trips were taken for MICE purposes and MICE business travelers spent a total of $110 billion USD (¥680 billion CNY) during…

Week in Review

This week in business travel news, Inc. covered the latest GBTA study, in partnership with American Express, showcasing the Millennials’ secret weapon for winning over business. Successful Meetings also covered the study, writing about Millennials embrace of business travel with a majority of the group saying technology can never replace face-to-face meetings to get business done. In

Millennials Want to Travel More for Business, Embrace Value of Face-to-Face Meetings

Business Traveler Satisfaction with Getting Through Airport Security and Faith in Overall Economy Declines Significantly Since Previous Quarter
Alexandria, VA (October 29, 2015) – Millennials are nearly twice as likely to want to travel more for business than Baby Boomers (45 percent to 26 percent, respectively), and a strong majority of Millennials (57 percent) believe technology can never replace face-to-face meetings to get business done. Additionally, Millennials are…
1 146 147 148 149 150 185

Archives