A recent GBTA Foundation study, in partnership with HRS, looked to better understand the expense reporting process at companies across the globe. First, GBTA identified how expense reports are currently processed. Seven in ten travel buyers (70 percent) currently do so internally using third-party software. Two in ten (19 percent) process expense reports internally without…
Millennials, far more than their Gen X or Baby Boomer colleagues, want to travel more for business. For some, this is part of a love affair with the road. For others, it’s a realization that nothing – not even technology – can replace a face-to-face meeting. Overall, according to a new U.S. study from the…
Yesterday, the GBTA Foundation released a study, sponsored by Starwood Hotels & Resorts, that assessed China’s Meeting, Incentive, Convention & Exhibition (MICE) market. This is the first time the market has been quantified like this revealing that MICE activity comprises nearly half (42 percent) of total domestic business travel volume in China and 45 percent…
Sustainability in Action… So far in my sustainability series posts we have talked about the principles, opportunities and benefits from creating a ‘Responsible Travel Program’. Let’s now look at a real-life example of how working with your suppliers can deliver a great program, and a significant return on investment. Autodesk is a global leaders in…
Earlier this month, GBTA released a study on extended stay accommodations in partnership with WWStay. It looked at usage patterns and preferences finding differences across generations and genders when it comes to U.S. international business travelers and also covered how extended stay accommodations fit into travel policies. This post looks into satisfaction, preferences and challenges…
A new study released today from the GBTA Foundation, in partnership with American Express, reveals that Millennials are significantly more likely to want to travel more for business than Baby Boomers (45 percent to 26 percent, respectively). In addition, a majority of Millennials (57 percent) believe technology can never replace face-to-face meetings to get business…
This week in business travel news, Inc. covered the latest GBTA study, in partnership with American Express, showcasing the Millennials’ secret weapon for winning over business. Successful Meetings also covered the study, writing about Millennials embrace of business travel with a majority of the group saying technology can never replace face-to-face meetings to get business done. In…
This morning we released findings from GBTA’s BTI™ Outlook semi-annual forecast reports on Brazil, China, India and Russia, sponsored by Visa, Inc. Our VP of research, Joe Bates, is also presenting the results this week at ITB Asia in Singapore. In the latest round of forecasts, we found the BRICs are no longer acting as…
On September 1, the Lufthansa Group implemented a €16 per booking surcharge on travel purchased anywhere other than its websites, service centers and airport ticket counters. This morning we issued the findings from a new global survey conducted by GBTA and its European partner network showing 42 percent of travel buyers surveyed have decreased bookings with Lufthansa since it…
Sustainability in Action… In this third blog post in my new sustainability series, I continue explain why following a responsible approach to a sustainable travel and meetings program is good for business. Having a sustainable travel program for business travel and meetings is no longer a ‘nice to do’. ‘No longer a ‘nice to do!’…
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