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Business Travel in Western Europe Expected to Fully Recover by 2024; Emerging Europe Set to Take Longer

Business travel recovery in 2021 proceeded at a slower, more cautionary pace than expected, particularly across Western Europe where business travel underperformed compared to other markets across the world. This is according to European-specific data from the latest business travel index–the BTI™ Outlook, from the Global Business Travel Association (GBTA), the world’s largest business travel…

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From Setback To Surge: Business Travel Expected To Fully Recover by 2024

Business travel recovery in 2021 proceeded at a slower, more cautionary pace than expected from a year ago. However, global business travel spending is expected to surge in 2022 with full recovery expected in 2024–ending the year on pace with the 2019 pre-pandemic spend of $1.4 trillion, and a year sooner than previously forecast. This…

Forecast Predicts Some Business Travel Recovery In 2021

London (February 25, 2021) – The Global Business Travel Association (GBTA) – the world’s largest business travel association – held its Canada Town Hall yesterday, to present the annual BTI™ Outlook focused on Canada, and the Association’s regional plans for the year ahead.   Key findings of GBTA’s BTI Outlook include an analysis of 2020…

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Business Travel Sees Steady Recovery in Europe

London (February 16, 2020) – The Global Business Travel Association (GBTA) – the world’s largest business travel association – held its European Town Hall today to discuss its annual BTI™ Outlook with a focus on Europe.   Europe comprised 27% of global business travel in 2019, attributing $392 billion to the $1.43 trillion global busines…

Business Travel: Full Recovery Expected by 2025

Alexandria, Virginia (February 2, 2021) – The Global Business Travel Association (GBTA) – the world’s largest business travel association – released its annual BTI™ Outlook, a detailed analysis of business travel in 2020, with projections for 2021 and beyond. The BTI Outlook, now in its 12th year, is an exhaustive study of business travel spending…

Dave Hilfman’s Monday Memo to GBTA Members – Tuesday Edition

Dear Friends and Colleagues:   Today is a historic moment in the United States and a reason for optimism when it comes to our industry. Let’s all hope for a seamless inauguration in Washington D.C., and for this to mark a new beginning in the struggle to overcome the pandemic and the challenges it has…

GBTA and VDR Kick Off Annual Business Travel Conference In Munich

Munich, Germany – (November 19, 2019) The Global Business Travel Association (GBTA) — the voice of the global business travel industry – and German business travel buyer association VDR, today launched its GBTA Conference 2019 in partnership with VDR. The conference, taking place 19-21 November at the Messe Convention Center, Munich brings together more than…