Spending to reach $517.2 billion (476.6 billion euros) in Europe by 2028, with growth outpacing most global regions except Asia Pacific, according to new regional data from GBTA European business travel spending is projected to reach $391.1 billion USD (360.4 billion euros) in 2024, reflecting a 10.4% increase from 2023. Additionally for this year, Europe…
GBTA’s Sustainability Acceleration Challenge assesses emissions reduction efforts in corporate travel across all industry sectors, highlighting areas for immediate progress The GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA), today unveiled findings from its Sustainability Acceleration Challenge, an industry-first global benchmarking initiative to evaluate the current state of business travel programs…
GBTA WINiT’s 10th anniversary events also celebrated industry leaders advancing women’s careers, commitment to the UN’s Women Empowerment Principles and showcased new GBTA research on gender equity in the business travel sector Career development and advancement for women in the global business travel industry was at the forefront as GBTA WINiT celebrated a decade of…
New GBTA data reveals women’s expanding influence as business travelers and industry professionals, but with a persistent gender gap in senior leadership roles Women professionals are prominent throughout the business travel industry, but GBTA research suggests there are still gaps in gender equity as they are still less likely to be in senior executive positions…
CWT and GBTA release special supplement report titled “2040: Baseline, Boom, or Bust” offering a comprehensive analysis of factors that will shape corporate travel strategies and business travel’s future The business travel industry is on the cusp of a major transformation, driven by a convergence of technological advancements, evolving sustainability requirements, and shifting demographic trends. To commemorate…
Traveler safety revealed as the top priority for business travelers, while rising travel costs serve as the biggest pain point, according to new report analyzing the small and midsize enterprise (SME) travel industry Corporate Traveler, the flagship SME corporate travel division of Flight Centre Travel Group, and the Global Business Travel Association (GBTA), the world’s…
Climate Week NYC event unpacks challenges, opportunities amid a climate-conscious world IHG Hotels & Resorts and the GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA), brought together some of travel’s biggest sustainability leaders during 2024 Climate Week NYC to spark dialogue about the decarbonization of business travel. In collaboration with co-hosts…
Latest research from CWT and GBTA reveals that while costs will continue to rise, the pace of these increases will be notably slower through 2024 and into 2025 Global business travel and events prices appear to be moderating following the dramatic increases seen in recent years. The 2025 Global Business Travel Forecast, published today by…
GBTA and the National Limousine Association explore how corporate travel programs manage and maintain ground transportation policies The wheels are constantly turning when it comes to ground transportation as part of a company’s business travel program. Now it’s becoming increasingly important for travel managers to think strategically when implementing effective policies and processes that reduce…
Report outlines the importance of technology in the business travel industry as a disruptor and enabler with artificial intelligence and blockchain at the top of the emerging technology list The time for technology to transform, disrupt and accelerate business travel growth is here – according to a new study, “The Future is Now: Technological Transformation…
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