Average compensation for U.S. travel buyers saw a 5.5 percent year-over-year increase in 2017, reaching an average of $107,000, according to new findings released today. Median salaries are also up, increasing 7.5 percent to $98,000. The GBTA Foundation’s 2017 Compensation and Benefits study delves into salaries, bonuses and benefits for U.S. travel buyers and reveals…
Through the lifecycle of a trip, the business traveler will encounter different challenges that can impact their travel experience. Last week, the GBTA Foundation released a new study, in partnership with Sabre Corporation, identifying the most challenging aspects of business travel. While there are many similarities among business travelers around the globe, there are also…
In 2016, organizations invested significantly in business travel, with global business travel spend approaching $1.3 trillion. However, as companies increasingly invest in business travel, they must equally invest in a managed travel program that balances employee needs with corporate goals. Unraveling the intricacies of travel management can be daunting without a travel management company in…
In 2016, there were 522 million business trips taken in the United States. So what should you do when one of your employees decides to extend one of these into a bleisure trip? If they have decided to take a long weekend to enjoy the sights after their meeting is over, it is now up…
Having the right resources makes all the difference. And in the business world, resources can set apart competitors, strengthen a struggling organization and allow employees to do their jobs more efficiently. For SMEs (Small and Medium-sized Enterprises) these resources are extremely important, as their travel managers typically have other roles and responsibilities they are attempting…
*For a better understanding of what a bleisure traveler is, take a look at our first post in this series, “Sit Back, Relax, and Stay Awhile: A Quick Guide to Bleisure Travelers”. After someone has decided to extend their work trip into a bleisure trip, they have one more question to answer: will they stay…
Business travel gives employees the opportunity to visit new and exciting countries, but the changing world climate makes it important to stay updated on shifting risk levels. While it’s impossible to predict every dangerous situation abroad, there are proactive measures that can be taken to send your team out with their best foot forward. GBTA’s…
Conferences in Singapore. Meetings by the Eiffel Tower. Conventions at Disney World. When work trips take place in interesting locations, business travelers may want to utilize their vacation days and extend their stay. Last year, nearly one-third (37 percent) of North American business travelers extended a work trip for leisure. These individuals, called “bleisure travelers”…
In July of 2014, the GBTA Foundation announced the “Gift of Knowledge” initiative in China to bring industry-leading education to this rapidly growing market. As the world’s largest business travel market, there was a clear need for innovative, comprehensive education for business travel professionals in China. Through a collaborative partnership with a leading Chinese educational…
Two weeks ago, the GBTA Foundation, in partnership with HRS, released a report identifying business traveller perspectives on company travel policies, compliance and valued amenities. Here’s a quick breakdown of highlights from the report:
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