Is Election Year Uncertainty Putting U.S. Businesses at Risk?

Is Election Year Uncertainty Putting U.S. Businesses at Risk?

Today, the GBTA Foundation released its latest quarterly U.S. business travel forecast, slightly downgrading our expectations from the previous quarter. Uncertainty around the upcoming presidential election is among the factors influencing our more pessimistic outlook for U.S. business travel spending through 2017. Along with the uncertainty surrounding the election, sluggish global expansion, low inflation, weak…

United States Business Travel Sees New Normal of Slow But Steady Growth

United States Business Travel Sees New Normal of Slow But Steady Growth

Despite being overtaken by China as the world’s leading business travel market, the United States is still a vital nation when it comes to both the growth of the global economy as well as for the growth of global business travel. According to the recently released GBTA Global BTI Outlook – Annual Global Report and…

The Olympics and Infrastructure Development: Does it Last?
| |

The Olympics and Infrastructure Development: Does it Last?

All eyes will be on Rio in the coming weeks as the 2016 Summer Olympic Games get underway with the Opening Ceremonies taking place tonight. While there have been numerous reports of facilities that are either incomplete or in disrepair, the games will go on, and Brazil is hoping that the Games will help give…

The GBTA Crystal Ball:  What Will the Next Five Years of Business Travel Look Like?

The GBTA Crystal Ball: What Will the Next Five Years of Business Travel Look Like?

While it is hard to predict the future with certainty, GBTA certainly does a good job of forecasting trends that affect the future of business travel. The recently released GBTA Foundation Global BTI Outlook – Annual Global Report and Forecast sponsored by Visa aims to do just that. Looking ahead five years, the report concludes…

Business Travel Growth Projected to Rise Faster than Economic Growth in France in the Coming Years

Business Travel Growth Projected to Rise Faster than Economic Growth in France in the Coming Years

All of Europe is focused on France this month as the Euro 2016 soccer tournament is underway to select a European champion. The home team has a very good shot of being crowned victors of soccer if not of economic recovery. While the nation’s economy and business travel markets are not out-performing the rest of…

A Snapshot of the Ten Biggest Business Travel Markets in the World

A Snapshot of the Ten Biggest Business Travel Markets in the World

The top ten business travel markets in the world are not static. Indeed, recent GBTA Foundation BTI reports have shown that China has overtaken the United States as the largest business travel market in the world. There is a significant margin between the number one and two markets – China with $291 billion spent on…