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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…

Will the Italian Business Travel Market Take a Roman Holiday?

Will the Italian Business Travel Market Take a Roman Holiday?

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…

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…

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…

Video Blog: Breaking Down the 2017 Global Travel Price Outlook
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Video Blog: Breaking Down the 2017 Global Travel Price Outlook

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…