GBTA Applauds New Details To Boost Sustainable Aviation Fuel Production in the U.S. 

Alexandria, VA (September 26, 2022) – GBTA, the voice of the global business travel industry, applauds the recent announcement on next steps in the Sustainable Aviation Fuel (SAF) Grand Challenge.   GBTA strongly supports efforts to scale up new technologies to produce SAF on a commercial scale and put the aviation sector on a pathway to full decarbonization by 2050.  …

|

PRESS RELEASE 

Survey of Business Travel Leaders Spotlights Issues Driven by Hybrid Workforces as Corporate Travel’s Return Accelerates; 44 Percent “Don’t Know” How Co-Working Spaces are Contracted   Research from GBTA and HRS focuses on business travel’s recovery, the need for traveler service expertise, and challenges of sourcing co-working meeting spaces  Cologne, Germany & Alexandria, VA – 21…

| | | |

GBTA Convention 2022 Sets The Scene For The Future Of Global Business Travel

Largest gathering of the global business travel industry tackles what’s next with a focus on continued recovery, transformation, sustainability, future of work and DEI  San Diego, CA  – The global business travel industry is back and continues to move through recovery as evidenced by the robust attendance and levels of interest and insights at GBTA Convention 2022,…

| | | |

Global Business Travel Spending is Coming Back, but Recent Headwinds Push Anticipated Full Recovery Into 2025 and 2026

Inflation, energy prices, supply chain challenges, labor shortages, and regional developments add 18 months to industry recovery forecast, according to the 2022 GBTA Business Travel Index™ The global business travel industry continues its progress towards full recovery to 2019 pre-pandemic spending levels of USD $1.4 trillion, but recovery has hit some headwinds. Just as many…

| | |

Technology Tops the Travel Manager’s Agenda as Travel Management Companies Continue to Play Vital Role in Business Travel’s Return

New study from GBTA and FCM reveals the latest tech trends and changing role in how travel managers can serve their companies and business travelers Alexandria, VA  – Business travel and the role of the travel manager changed significantly during the pandemic. As business travel returns, many are questioning what changes will become permanent, and…

| | | | |

Business travelers set to see air fares rise by 8.4%, hotel rates by 8.2%, and car rental charges by 6.8% in 2023

MINNEAPOLIS – Global travel prices are predicted to continue to increase in the remaining months of 2022 and throughout 2023, according to the 2023 Global Business Travel Forecast, published today by CWT, the B2B4E travel management platform, and the Global Business Travel Association (GBTA), the voice of the global business travel industry. Rising fuel prices,…

| | |

GBTA Foundation Relaunches to Advance People and Planet Initiatives for the Business Travel Industry

The Foundation’s newly appointed Board of global travel industry leaders will provide governance on climate action, DEI and workforce development initiatives Alexandria, VA – Helping the global business travel industry create a positive impact and a better future for people and the planet is the mission behind the Global Business Travel Association’s relaunch of its charitable arm,…

|

GBTA Strengthens Advisory Boards in Europe

LONDON – The Global Business Travel Association (GBTA) – the voice of the global business travel industry has reinforced its European presence with the addition of new members to the European Advisory Board and advisory boards across the region. The GBTA Advisory boards are run by member volunteers, selected for their expertise and industry knowledge. The…

GBTA Alarmed by DHS Funding Fight’s Impact on Business Travel

Today, a Department of Homeland Security funding bill failed to pass a procedural vote. The statement below can be attributed to Michael W. McCormick, Executive Director and COO of the Global Business Travel Association. “The Global Business Travel Association is concerned that today’s vote failing to fully fund the Department of Homeland Security could have…

Many Companies Don’t Know the Details of Their Travel Payment Methods

Alexandria, VA (October 31, 2017) – Small and mid-sized companies are significantly more likely to allow business travelers to use non-transparent payment methods such as personal credit cards or cash advances, according to new research released today by the GBTA Foundation, the education and research arm of the Global Business Travel Association. When looking at usage…