Business travel in Western Europe is finally standing on solid ground. Companies however are still showing a penchant toward saving for the future in case the economy backslides – that pessimism is slowly starting to abate, but optimism has not fully set in. Still, the stronger economy, lower energy prices and smart fiscal policies are…
A recent GBTA Foundation study released earlier this week showed an overwhelming majority (83 percent) of organizations that have travel risk management programs, have risk management protocols in place as part of their travel programs to ensure the safety and well-being of their business travelers. GBTA only expects this number to go up. Of those…
The GBTA Foundation released its latest quarterly U.S. business travel forecast today and trip volume is on the rise. While we lowered our forecast for business travel spending from last quarter because the costs of travel are falling and are now expecting 3.1 percent spending growth to $295.7 billion, we increased the forecast for person-trip volume…
Many of you are probably already familiar with Project ICARUS. For those that aren’t, this GBTA Foundation initiative launched in 2006 is the definitive source of information, education, support and recognition programs for sustainability in the business travel and meetings industry, globally. Just last month at GBTA Conference 2014 Berlin, Project ICARUS announced the winners…
It was a week of brutal weather and cold in the United States and Canada that saw many parts of the two countries reach temperatures colder than Mars! Not surprisingly that meant flight cancellations as USA Today reported more than 930 cancelled flights in the U.S. on Tuesday. Looking to avoid delays and cancellations? Well,…
The Week in Review keeps you up-to-date on the latest business travel news. We had some technical difficulties on Friday, but we’re back today with the latest in business travel news. Check back again this Friday for another wrap-up. The U.S. tightened security requirements for travelers from Europe and Asia on Monday. According to Reuters, visitors…
Last week, the GBTA Foundation released a study that showed technology is poised to transform the role of Travel Managers within the next three to five years. Currently, Travel Managers find that tactical tasks – managing vendor relationships, developing and monitoring programs and policies, etc. – dominate their current responsibilities. Thanks in part to technology…
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…
Week In Review We kick off this week’s news highlights with some positive news from a GBTA study released this week showing that most travel managers (72 percent) are satisfied with their salary. Average total compensation rose 6 percent year over year and the study also showed that travel managers enjoy significant benefits. Late last…
Last week, the GBTA Foundation released a study looking at travel manager awareness, adoption rates and satisfaction with dynamic pricing models for hotels. Dynamic Pricing for hotel corporate rates has been around for approximately 10 years, but the adoption of this pricing model has been a slow one. The study, Dynamic Hotel Pricing – Has…
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