GBTA News and Commentary

GBTA is the voice of the global business travel industry. GBTA leadership and members are often sought as experts to comment on wide-ranging issues affecting our industry. Our news, editorials and perspectives bring to life the latest business travel industry insights, trends, advocacy, events, research and education.


 

GBTA Announces Partnership with MPI to Deliver New Meeting and Event Education Track at Upcoming Conference

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London, 18 September 2017- The Global Business Travel Association (GBTA) – the voice of the global business travel industry – and Meeting Professionals International (MPI) today announced the two associations are collaborating to present meeting and event focused education at GBTA Conference 2017 Frankfurt in Partnership with VDR, taking place in Frankfurt, 28-30 November.

GBTA Kicks off India Conference in New Delhi

GBTA Honors Indian Members with Prestigious Business Travel Professional Service Award

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New Delhi (18 August 2017) - The Global Business Travel Association (GBTA)—the voice of the global business travel industry, kicked off GBTA Conference 2017 New Delhi today as part of its India Conference Series 2017. The annual flagship education and networking event for GBTA India, the conference will deliver a knowledge forum on best practices across the business travel lifecycle through a mix of panel discussions and presentations.

GBTA Announces 2017-2019 Global Board of Directors

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Alexandria, VA (August 16, 2017) - The Global Business Travel Association (GBTA)—the voice of the global business travel industry, announced three newly elected members to its Board of Directors following the 2017 election during GBTA Convention 2017 in Boston. Christle Johnson, Vice President, Travel & Business Services, Johnson Downie LLC, will serve as President for a second term. Rita Visser Director, Global Travel Sourcing and GPO, Oracle, will serve as the new GBTA Vice President. Johnson and Visser were elected by GBTA Direct Members (business travel buyers), and will serve two-year terms.

GBTA Commends Confirmation of David P. Pekoske as TSA Administrator

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Alexandria, VA (August 4, 2017) – On Thursday, the U.S. Senate unanimously confirmed David P. Pekoske as Assistant Secretary of Homeland Security, Transportation Security Administration. The following statement may be attributed to Michael W. McCormick, GBTA Executive Director and COO.

Today’s Geopolitical Climate and Innovation Top of Mind at GBTA Convention 2017

Attendance Approaches 7,000 at Record-Breaking GBTA Convention

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Alexandria, VA (July 27, 2017) – The Global Business Travel Association (GBTA) – the voice of the global business travel industry, wrapped up its 49th annual Convention last week in Boston. Today’s geopolitical landscape and its impact on business travel and duty of care along with the latest innovations in travel technology were the predominant themes throughout the five-day industry gathering that brought together nearly 7,000 travel professionals and industry leaders.

Senate Appropriations Committee Set to Vote on Massive Tax Increase for the Business Traveler

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Alexandria, VA (July 26, 2017) – Yesterday, the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies voted to approve a proposal included in the FY2018 Transportation, Housing and Urban Development, and Related Agencies (THUD) Appropriations Act, that would raise the Passenger Facility Charge (PFC) from $4.50 to $8.50. Michael W. McCormick, GBTA executive director and COO, sent a letter to the Senate Appropriations Committee expressing concern regarding the unintended consequences of such a fee increase on the business traveler. A copy of that letter can be found here. The Senate Appropriations Committee is expected to consider the proposal tomorrow.

GBTA Honors Outstanding Members

GBTA Honors Dave Hilfman with Prestigious ICON Award

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BOSTON (July 20, 2017) - The Global Business Travel Association (GBTA)—the voice of the global business travel industry, awarded three distinguished members during GBTA Convention 2017 in Boston.

Global Business Travel Poised for Strong Advance but Uncertainty Lingers in the United States

Global Business Travel Spend Approached $1.3 Trillion in 2016

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Alexandria, VA (July 19, 2017) – Global business travel spend approached $1.3 trillion USD in 2016, advancing only 3.5 percent over 2015 levels, according to the GBTA BTI™ Outlook – Annual Global Report & Forecast, a new report released today at GBTA Convention 2017 by the GBTA Foundation, the education and research arm of GBTA. Pending many global uncertainties, business travel spending is expected to accelerate significantly in 2018, advancing 6.1 percent, followed by roughly 7.0 percent growth in both 2019 and 2020. Business travel spending gains have not reached this level since 2011.

Strength in Global Economy Means Higher Travel Pricing in 2018

Air, Hotel and Ground Transportation All See Upticks on Back of  Rising Inflation, Higher Oil Prices and Emerging Markets

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BOSTON 18 July 2017: According to the 2018 Global Travel Forecast, travel prices are expected to rise sharply in the coming year, reaching nearly 4 percent increases in some sectors. Released today, the fourth annual forecast, by the GBTA Foundation in partnership with Carlson Wagonlit Travel, and with the support of the Carlson Family Foundation, shows global airfares are expected to rise 3.5 percent in 2018; hotel prices are expected to be 3.7 percent higher; and ground transportation such as taxis, trains and buses are expected to rise only 0.6 percent – significantly less than the 3 percent inflation forecast for 2018.

Business Travel Responsible for $547 Billion in U.S. GDP in 2016, Creates Over 7.4 Million Jobs

U.S. Business Travel Spending Reached $424 Billion in 2016

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Boston, MA (July 17, 2017) – A new report issued today at GBTA Convention 2017 by the GBTA Foundation, the education and research arm of the Global Business Travel Association, in partnership with American Express Global Business Travel (GBT), highlights the positive economic impact business travel has on the nation’s economy. The study, titled ‘The U.S. Business Travel Economic Impact Report,’ reveals business travel was responsible for about 3 percent ($547 billion) of U.S. GDP in 2016. Additionally, the research found that for every 1 percent change in business travel spending, the U.S. economy gains or loses 74,000 jobs, $5.5 billion in GDP, $3.3 billion in wages and $1.3 billion in taxes.

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Media Contacts

Colleen Gallagher

Vice President, Communications
+1 703 236 1133
cgallagher@gbta.org

Marianne Varkiani

Communications Manager
+1 703 236 1164
mvarkiani@gbta.org