Hotel Hot Spots Provide Clues to U.S. Economic Activity

Hotel Hot Spots Provide Clues to U.S. Economic Activity

Earlier today, the GBTA Foundation and Carlson Wagonlit Travel (CWT) issued their 2016 Global Travel Price Outlook, which projects how demand, currency and other factors will impact prices for air travel, hotels, ground transportation, and meetings and conventions around the world. As we were digging through the data, we noticed something very interesting. Underlying the U.S….

Changing Technologies Shift the Role of Travel Managers

Changing Technologies Shift the Role of Travel Managers

It’s no secret that technology is an integral part of a Travel Manager’s role and will become increasingly more important in the future as travel managers seek to take a more strategic position within their organizations. A new study out recently from the GBTA Foundation, sponsored by Sabre, sought to better understand key responsibilities of…

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High Interest in Corporate Travel Loyalty Programs

A recent study from the GBTA Foundation found high interest in both corporate hotel loyalty programs and adding incentives to individual programs to encourage booking through authorized channels. The study, Making Hotel Loyalty Programs Work for You and Your Travel Program, sponsored by Hilton Worldwide, surveyed more than 200 U.S. Corporate Travel Managers and revealed…

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Technology Has Changed the Face of Business Travel

Last week, the first ever GBTA Global Business Traveler Sentiment Index™ in partnership with American Express revealed how business travelers across the globe feel about their travel experience and how those feelings affect their actual behaviors related to travel. A key finding of the study revealed a massive technological transformation is changing the face of…

Pain Points Cause Deep Frustration for Business Travelers

Last week, the first ever GBTA Global Business Traveler Sentiment Index™ in partnership with American Express  revealed how business travelers across the globe feel about their travel experience and how those feelings affect their actual behaviors related to travel. While most travelers are significantly satisfied with their trip experience, a key finding of the study…

Business Travel Keeps Growing, But Erratic Economic Drivers Limit Growth

Earlier this week, GBTA released our latest outlook for business travel in the United States. Our forecast shows business travel spending will increase by nearly 5 percent in 2015 to $302.7 billion, yet ongoing concerns about the U.S. economy are reining-in what could be even sharper growth. Global business travel both drives, and is driven,…

Single-Use Virtual Accounts Gaining Popularity  Among Business Travelers

Single-Use Virtual Accounts Gaining Popularity Among Business Travelers

Today, the GBTA Foundation released a new study on virtual payment solutions sponsored by U.S. Bank. The following press release went out announcing the new report: Majority of Suppliers Accepting Virtual Payments About 20 percent of American businesses today pay for travel using cardless single-use “virtual” accounts, up from 13 percent last year, according to a…

Spain Surprises with Strong Business Travel Growth

The Spanish economy was one of the most challenged in Western Europe from 2011 through 2013 as it battled high levels of public debt, soaring unemployment and stagnating economic growth. The latest GBTA business travel forecast for Western Europe shows a surprising turnaround for the country however. Spain has exhibited a remarkable economic turnaround driven…