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Podcast: 2019 Global Travel Forecast

For this week’s episode, The Business of Travel dives into the findings of the just-released 2019 Global Travel Forecast, conducted in partnership with Carlson Wagonlit Travel. GBTA Executive Director and COO Mike McCormick and Jon Gray of Rockport Analytics discuss high-level findings and what buyers can expect for travel prices across the air, hotel and…

Uncertainty Over Travel Ban Puts Business Travel and the Economy at Risk

Uncertainty Over Travel Ban Puts Business Travel and the Economy at Risk

GBTA Releases Latest U.S. Business Travel Forecast Earlier this month, GBTA released data showing the dramatic bottom line impact President Trump’s executive order banning travel to the United States from seven Muslim-majority countries has had on business travel. In the week following the ban, approximately $185 million in business travel bookings were lost as the…

China Solidifies New-Found Position as World’s Largest Business Travel Market

China Solidifies New-Found Position as World’s Largest Business Travel Market

On Monday, GBTA held a Gift of Knowledge Workshop in Chengdu focused on measuring the success of managed travel programs. The GBTA Foundation also released its latest business travel forecast for the Chinese market showing China remains one of the fastest growing business travel markets in the world. Total business travel spending is expected to…

Germany Continues to be Europe’s Economic Powerhouse

Germany Continues to be Europe’s Economic Powerhouse

Germany is the largest economy in Europe, currently the third largest business travel market in the world, is led by one of the most powerful women in the world and has a strong and influential voice on both European and global affairs. Given Germany’s power, wealth and influence, it will continue to be the EU’s…

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…

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Five Key Takeaways from GBTA’s Business Travel Forecast for China

GBTA released its latest business travel forecast for China today as part of a semi-annual series. Sponsored by Visa Inc., the report relates unfolding economic events at home and abroad to their resulting impacts on China’s business travel market. Here are the top five takeaways: China continued its so-called “soft landing” during the second half…

Week In Review
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Week In Review

It was a big week for business travel in Europe as GBTA along with German business travel buyer association VDR kicked off Europe’s largest business travel conference in Berlin. The GBTA Foundation released the results of its semi-annual Western Europe business travel forecast there predicting 4.9 percent growth in business travel spending in 2014 followed…