In the early part of the 2000s, there was much talk of the BRIC countries – Brazil, Russia, India and China. These four markets were seen as rapidly developing examples of smart growth for other emerging economies around the world. Since the Great Recession, however, these four countries have grown at significantly different paces. China…
On Tuesday, GBTA released our quarterly U.S. business travel forecast sponsored by Visa, Inc. According to the GBTA BTI Outlook – United States 2016 Q1 report, U.S. business travel will continue to grow only moderately in 2016 as global uncertainty looms. While the latest GBTA BTI™ Outlook survey found that 2016 will look very similar…
The Mexican economy boasts a highly fluid and sophisticated economy with a free flow of goods, services and business travelers throughout the country’s various regions and states. Business travel itself is a huge driver of the country’s economic growth and health – accounting for $263.2 billion Mexican Pesos (about $15 billion) in 2015. A recent…
GBTA Conference 2015 Toronto wraps up today after three days of networking, education and discussion on key industry issues and trends. One of today’s highlights was a general session presentation from GBTA’s VP of Research Joe Bates talking about the economic impact of business travel on the Canadian economy. Richard Blackwell of The Globe and…
As you may have seen we just released our third quarter business travel forecast on Tuesday. Very much in line with last quarter’s forecast, U.S.-generated business travel spend is expected to increase by 6.8 percent to $292.3 billion in 2014. The forecast showed business travelers spent an estimated $72.8 billion on U.S.-originated business travel during…
In a report released earlier this week, the GBTA Foundation is forecasting slower growth for Brazil’s business travel spend. Brazil’s struggling domestic economy and the troubled regional economy are key factors in GBTA Foundation’s significant downgrade to business travel spend growth for the country. GBTA expects 3.6 percent growth in 2014 and 4.1 percent in…
As GBTA becomes increasingly global, we continue to develop new resources that will be useful to our members and the industry from a global perspective. Just a few weeks ago, Donna Kelliher our President and CEO wrote to you about the new Global Leaders Directory 2014, which enables you to connect with key leaders around…
I am honored to take on the role of your GBTA President and CEO, and look forward to our next steps together. As presented at Convention, our goals include: Expanding GBTA’s global outreach; Doubling our membership size from 6,000 to 12,000; and Continuing to be the leading voice in business travel everywhere! However, to accomplish…
Hello all! Although the recent re-election of one very high profile Governor in New Jersey, two closely watched races of the new Virginia Governor and the New York City mayor, and the much scrutinized ObamaCare rollout have dominated the headlines… the big story in our industry has been China. We have received unprecedented news coverage…
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