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Last week, GBTA and ITM hosted the inaugural Strategic Meetings Management Symposium in London featuring keynoter Gillian Keegan, Conservative Member of Parliament (MP) for Chichester. A travel industry veteran, she shared her unique perspective on the outlook for the business travel industry in a post-Brexit world.
On today’s episode of The Business of Travel, hear excerpts from her remarks followed by a one-on-one interview with GBTA Executive Director and COO Michael W. McCormick. Mike and Gillian discuss how she got into politics from the travel world, the path forward for Brexit and the impact on business travel and business in general.
You can download and listen to The Business of Travel in iTunes, Stitcher, Google Play and your other favorite podcast directories. Be sure to subscribe to the show so you don't miss out!
Every quarter GBTA looks at economic trends and business spending to see where the business travel industry is headed. Our latest report, 2013 Q3 GBTA BTI™ Outlook – United States, finds that business travel spending is expected to rise across all categories of business travel in 2014.
Check out the video below for more on what to expect through the rest of this year and into 2014. Here’s a quick preview: The US GBTA BTI™ – a proprietary index of business travel activity – is poised to surpass its highest level since we created the index by the end of 2014.
While the forecast is very promising, the current government shutdown and threat of default have certainly put a damper on business travel industry sentiment. For more on how the shutdown has impacted our industry, check out our latest blog posts on the topic.You can also visit GBTA’s Legislative Action Center to tell Congress and the Administration to find a solution now.
The GBTA BTI™ Outlook – United States report is available exclusively to GBTA members by clicking here and non-members may purchase the report through the GBTA Foundation by emailing Paul Yachnes. For more information, visit gbta.org/hub.