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…
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…
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…
*The following speech was delivered today at GBTA Convention 2016.* Security The world is a dangerous place. Using our best efforts as a society, we try to protect all of our global citizens from acts of terrorism. But in a world of 7.3 billion people, we will never fully succeed despite all of our best…
People who work in the global travel industry know that theirs is a robust and growing market. Certainly, travel buyers, suppliers, managers and individual travelers alike know that global business travel spurs growth, fosters vital relationships and establishes the framework for innovation. Still, $1.2 trillion is a big number – roughly equivalent to Spain’s GDP…
In a referendum vote yesterday, the people of the United Kingdom have voted to leave the European Union. For a briefing on what this means, click here. The following statement can be attributed to Michael W. McCormick, GBTA Executive Director and COO of the Global Business Travel Association (GBTA) – the voice of the business travel…
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…
In the early part of the 2000s, there was much talk of the BRIC countries – Brazil, Russia, India and China. These four markets were seen as rapidly developing examples of smart growth for other emerging economies around the world. Since the Great Recession, however, these four countries have grown at significantly different paces. China…
In May, GBTA launched its new Rules of the Road designed to optimize business travel. The guiding principles that make up the Rules of the Road will help to make the global travel systems safer, more secure, more reliable and a better place to conduct and facilitate business. Check out the interactive capsule below to get…
With Memorial Day, the unofficial start of summer, right around the corner, all eyes will turn southward to Brazil and the Olympic Games. While everyone hopes that the games are a success for the host country, Brazil’s economy and business travel industry have both gone through the proverbial ringer recently, and the forecast remains markedly…
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