Today, the GBTA Foundation released its latest semi-annual business travel forecast for Brazil. It shows Brazil’s business travel industry moved up one spot in the rankings from last year to become the 8th largest business travel market in the world. And, if Brazil can maintain its overall economic growth levels experienced since 2005, GBTA expects…
It’s Tax Day in the United States – the dreaded day for many on which individual income tax returns are due to the federal government. The Beatles 1966 hit song “Taxman” tells a story of despair at being overtaxed to the breaking point. If you drive a car, I’ll tax the street If you try…
U.S business travel is expected to continue its surge in 2014 despite a record-breaking, seemingly endless winter where the effects of the polar vortex and multiple snowstorms halted travel across much of the country. Despite all of this, for the second quarter in a row, we are increasing our business travel spending forecast for this…
On Friday, we wrote about what President Obama’s proposed 2015 budget means for business travel. Here is a closer look at the four things that are good for business travel and four things that are bad for business travel in the proposed budget – and what they really mean. We’ll start with the positives, albeit…
The White House recently released its proposed fiscal year 2015 Federal Budget. Although there is no chance that Congress will pass the budget in its current form, it does provide us with a sense of the President’s travel-related priorities. But more importantly, it is a cautionary tale about the future without a comprehensive, long-term national…
Nîn håo! I’m writing this post from Shanghai as we kickoff our 2nd annual GBTA China Conference 2014. The conference promises to offer both local and international participants the opportunity to learn more about the Chinese business travel market – a market that continues to grow at impressive levels according to our latest forecast. Yesterday,…
Yesterday the GBTA Foundation released a study showing the economic impact of business travel on the U.S. economy. The numbers speak for themselves demonstrating that business travel is in fact a major economic driver. Of course the value of business travel comes as no surprise to us and I am guessing, you. There really is…
Last week I participated in the White House Business Council briefing on travel and tourism in the U.S. Administration officials gave an update on the economy and discussed how the U.S. Department of Homeland Security and other Agencies work to promote travel and tourism from, to and within the United States. The meeting was an…
First Business News reported today on the growing economy and rising business travel. They talked about the fact that even in an age where technology allows us to stay more connected than ever, there is really no replacement for the handshake and face-to-face interaction. They also interviewed GBTA Foundation’s Vice President of Research Joe Bates,…
Today, GBTA released our latest GBTA BTI™ Outlook – Western Europe report, a semi-annual analysis of the five most critical business travel markets in Europe: Germany, the UK, France, Italy and Spain. These five markets together form the lion’s share of business travel in the region acting as a good barometer of the health of…
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