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Global Business Travel and Events Costs Moderating in 2024, with Continued Modest Increases in 2025

Latest research from CWT and GBTA reveals that while costs will continue to rise, the pace of these increases will be notably slower through 2024 and into 2025 Global business travel and events prices appear to be moderating following the dramatic increases seen in recent years. The 2025 Global Business Travel Forecast, published today by…

GBTA Convention 2024 Delivers Record Forecast Outlook and Positive Future Vision for Business Travel While Bringing Education, Connections and Inspiration to Industry Professionals

The world’s largest gathering of the global business travel industry transcends travel disruption challenges, hosts 5,400 global delegates in Atlanta during its annual event July 22-24 The global business travel industry converged in Atlanta, Georgia, for the GBTA Convention 2024 held July 22-24 at the Georgia World Congress Center. Attracting 5,400 registered attendees from 50…

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GBTA Honours Jan-Christoph Oetjen with Navigator Award for Championing Business Travel in Europe

GBTA announces MEP and Vice-President of the European Parliament Jan-Christoph Oetjen (Renew Europe, Germany) as the recipient of its prestigious “GBTA Navigator Award.” The GBTA Navigator Award is given to elected officials who have proven to be strong advocates of the business travel industry. First introduced by GBTA in 2016, this is the first time…

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Global Business Travel and Events Costs Expected to Remain Elevated Through 2024, Reflecting ‘True New Cost of Travel’

Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit at a much more moderate pace than the exceptionally steep increases seen in 2022. This is according to the 2024 Global Business Travel Forecast, published today by CWT, the business travel and meetings specialist, and…

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GBTA and Uber for Business Examine the Complex Perspectives Between Business Travelers and Travel Managers in New Report

The new age of business travel is intentional, with employees increasingly emphasizing work-life integration and changing dynamics This is according to a new report – “The Current State of Business Travel: Business Traveler and Travel Manager Priorities” – published today by the Global Business Travel Association (GBTA), the world’s largest business travel association, and sponsored…

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Corporate Procurement Leaders Cite Challenging Travel Market Dynamics, Growing Need to Leverage All Segments As 2024 Supplier Negotiations Begin 

New GBTA and HRS Report Reflects Changes and Opportunities for Programs as Travel Rebounds  With flights to key corporate destinations mostly full and hotel rates stubbornly high, corporate travel and procurement leaders are faced with a uniquely challenging environment as negotiations with suppliers for 2024 business travel volume start this quarter. The return of volume…

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GBTA Expands Presence in Asia Pacific with New Advisory Board

Industry Board members, along with new GBTA APAC interim director, will focus on advancing the association’s initiatives in the regionThe Global Business Travel Association (GBTA), the world’s premier business travel and meetings trade organization, continues to increase its commitment to global business travel with the establishment of a new regional GBTA Advisory Board in Asia…

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New Report from Cvent and GBTA Sheds Light on theTransforming Role of the Corporate Travel Manager

Latest research from GBTA and Cvent explores the critical and evolving role of travel managers including reshaped responsibilities, compensation insights, DE&I advances, and career satisfactionLike most of us, corporate travel managers can divide their careers into two distinct eras: before COVID and after COVID. And like most professions, the ongoing adjustments for travel managers to…

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GBTA Commends Biden Administration Ending Covid-19 Vaccination Requirements for Non-U.S. Travelers

The Global Business Travel Association, the voice of the global business travel industry, supports the decision and recent announcement by the Biden Administration to no longer require non-U.S. travelers entering the United States via air, land and seaports of entry to be fully vaccinated against COVID-19 and provide related proof of vaccination upon request. Effective…