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Latin America Business Travel Spending Forecast to Reach $67.7 Billion USD in 2026 as Growth Accelerates Amid Ongoing Economic Pressures

Bytara erwin

At GBTA LATAM Conference 2026, industry leaders examine business travel’s growth, innovation, impact and resilience in the region Business travel spending in Latin America is forecast to reach $67.7 billion USD in 2026, an increase of approximately 11% year over year and among the highest regional growth rates globally, according to research unveiled yesterday at…

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Business Travel Powers Economic Impact and Growth Across the World’s Leading Business Cities, According to New GBTA Study

ByDebbie Iannaci

New destination-level research finds $178 billion in business traveler spending across 25 cities contributed $93 billion in local GDP, nearly $55 billion in tax revenue and 1.4 million jobs, with New York, Tokyo and London ranked highest for spending From New York to Tokyo to London to São Paulo and around the world, business travel…

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Business Travel Confidence Rebounds to Its Highest Level of 2026 as Industry Plans for Disciplined Growth

ByDebbie Iannaci

Improving expectations for trip spending, volume and revenue signal renewed momentum, while rising costs and geopolitical uncertainty continue to weigh on travel decisions, according to new GBTA industry poll Business travel confidence has surged to its highest level of 2026, rebounding sharply from the uncertainty that weighed on sentiment earlier this year. Additionally, industry buyers…

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What’s on the Minds of Travel Buyers Today? | Buyer Buzz Insights from GBTA Convention 2026

ByDebbie Iannaci

Travel buyers are embracing change, but they want to be the ones driving it. That was the overarching takeaway from 470+ travel buyers who participated in the interactive Buyer Buzz session at GBTA Convention 2026. Results from live polling during the session paints a picture of a profession that is optimistic about technology, committed to…

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Global Business Travel Spending to Hit Record $1.71 Trillion in 2026, While Trips Reach 1.84 Billion, Says GBTA Forecast 

ByDebbie Iannaci

GBTA’s latest Business Travel Index report shows spending gains driven by higher prices as geopolitical uncertainty and transportation pressures weigh on the outlook Global business travel spending is forecast to reach a record $1.71 trillion USD in 2026, with the number of business trips worldwide expected to surpass 1.84 billion. The forecast highlights how rising transportation and travel costs are increasingly driving higher industry prices, ahead of the number of trips.  This is according to the 2026 GBTA…

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Fuel Shock Keeps Business Travel Prices Elevated Through 2026 With Relief Ahead in 2027, According to New GBTA Forecast

ByDebbie Iannaci

Airfares, hotel rates, ground transportation and meetings and events costs are expected to remain under pressure through year-end, driven by higher energy prices, rising labor costs and resilient global demand Following a year marked by unprecedented energy-market disruption and rising operational costs, global business travel prices are expected to remain elevated through the remainder of…

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Corporate Hotel Programs Evolve Amid Market Complexity, Cost Pressures and Rising AI Adoption 

ByFintan Hastings

New GBTA-Radisson Hotel Group research reveals shifting priorities, increased AI use and persistent challenges facing travel managers in driving hotel program compliance Corporate travel managers continue to adapt their hotel sourcing strategies in response to changing global market dynamics, the rapid adoption of artificial intelligence (AI), and evolving program priorities, according to new industry research from the Global Business Travel Association (GBTA) in partnership with Radisson Hotel Group. Based on a survey of corporate travel managers across North America and EMEA, the study explores…

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GBTA Brings Industry Voices to Capitol Hill to Champion Business Travel’s Value and Economic Impact

Bytara erwin

120 GBTA members from across the U.S. engaged national lawmakers during GBTA’s annual U.S. Legislative Summit to advocate for policies that support economic growth and global mobility Bringing the voice of business travel to Capitol Hill, 120 Global Business Travel Association (GBTA) members and stakeholders from 31 states convened in Washington, D.C. this week for…

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Business Travel Within the U.S. Drives Over $623 Billion in Economic Impact as Spending Reaches $538 Billion, According to New GBTA Study

ByDebbie Iannaci

Findings reveal business travel supports 6.7 million U.S. jobs and accounts for 2.1% of GDP, underscoring its role as a critical driver of economic growth nationwide Business travel within and to the United States continues to be a major engine powering the nation’s economy and growth, generating $623.8 billion in total gross domestic product (GDP)…

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Technology, Managed Travel and Hotel Distribution Gaps Stall Progress Toward the “Perfect Business Trip,” According to New GBTA Research

ByDebbie Iannaci

Survey of North American and European travel buyers shows strong demand for artificial intelligence, persistent global program complexity and growing interest in next-generation hotel booking models The convergence of AI innovation, the realities of managing global travel programs and shifting hotel distribution models are shaping the next era for business travel—yet key gaps remain including…

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As India’s Business Travel Market Expands, GBTA’s Role Grows Stronger

Bytara erwin

In this feature series, GBTA’s Board of Directors share their perspectives on topics that matter most to members, the industry and the way forward for business travel. Today’s guest author is Board member, Amarnath Lal Das, India Travel Lead and Global Crisis and Compliance at Accenture Solutions PVT. LTD. When it comes to business travel, India is…

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Asia Pacific Business Travel to Surpass $700 Billion in 2026, Leading Global Growth Amid Geopolitical Uncertainty 

ByDebbie Iannaci

At its 2026 APAC Conference attracting over 1,100 delegates, GBTA revealed new data on regional business travel growth as well as its economic impact in Singapore Business travel across Asia Pacific is on a strong upward trajectory, with the region projected to remain the largest global market in 2026 — even as companies navigate ongoing…