On the latest episode of The Business of Travel, GBTA discusses its annual business travel spending forecast. Jon Gray of Rockport Analytics breaks down key takeaways from the GBTA BTI™ Outlook – Annual Global Report & Forecast, and discusses what each means for the business travel industry.
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…
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…
Last week, the GBTA Foundation released its latest quarterly U.S. business travel forecast. Get the lowdown on top-line numbers from our forecast here:
In the movie Tommy Boy, David Spade and Chris Farley travel across the country on a sales trip to try and save the family auto parts business. Spoiler alert: they are successful – despite all of the hilarious missteps and hijinks that they experience on the road. According to the most recent GBTA BTI Outlook…
Of the five European countries included in the most recent GBTA Foundation Western Europe BTI Report – the U.K., France, Germany, Spain and Italy – Italy is the most perplexing. While it, like the other nations, will experience slow and steady growth for 2016 and 2017, it won’t grow at the same rate as neighboring…
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…
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…
Last month, the GBTA Foundation and Carlson Wagonlit Travel (CWT) released the 2017 Global Travel Price Outlook. The third annual report provides global, regional and country-by-country projections for air travel, hotel, ground transportation and meetings and events prices in 2017. At GBTA Convention 2016, I had the opportunity to sit down with Yon Abad, Senior Director…
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…
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