In late 2015 and again earlier this year, the GBTA Foundation, in partnership with WWStay, conducted two research studies on extended stay accommodations to learn more about this market especially when it comes to business travel. The first study revealed nearly half (48 percent) of all U.S. business travelers have used an extended stay accommodation…
While it is hard to predict the future with certainty, GBTA certainly does a good job of forecasting trends that affect the future of business travel. The recently released GBTA Foundation Global BTI Outlook – Annual Global Report and Forecast sponsored by Visa aims to do just that. Looking ahead five years, the report concludes…
If you’ve ever flown on a plane, you’ve heard and seen the name TSA PreCheck more times than you can count, but you may still be wondering what the program is, or what the benefits in enrolling are. TSA PreCheck is an expedited screening program developed to improve the travel experience and reduce airport security…
For the past several years, there has been a significant number of consolidations throughout every segment of the travel industry. With mergers and acquisitions of some of the best-known brands in the air travel, lodging and ground transport sectors continuing at a rapid pace, GBTA Convention 2016 featured a Center Stage panel discussion on the…
The business travel industry is seeing the effects of Brexit, with hotel demand in the United Kingdom expected to soar and jump a whopping 30 percent in the second half of 2016, according to Buying Business Travel. International travelers look to this as an opportunity to visit pricier destinations at a more affordable rate, and…
Every year leading travel companies from around the globe gather at GBTA Convention, and many use the event as a platform to announce their latest news, products and services. GBTA’s Media Day brings the latest breaking news into one place. Nearly 20 companies participated in the second annual Media Day to deliver their breaking news,…
Perhaps no segment of the travel industry has been as dramatically altered as ground transportation. The disruptive force of the sharing economy has turned ground transportation on its head, catching many taxi, limosuine and rental car companies struggling to keep up with the new services offered to commuters and business travelers alike. Traditional ground transportation…
Despite a long, dedicated and decorated career in the Coast Guard, where he rose to the rank of Vice Commandant, Peter Neffenger is now in charge of an entirely different organization with a global reach and responsible for the daily safety of millions of people: the Transportation Security Administration (TSA). Often maligned as an agency…
Listen to United CEO Oscar Munoz talk, and you will hear a lot about heart – how he wants United to lead with heart, how he thinks more heart needs to be incorporated into the business world today and the inevitable discussions of his heart transplant shortly after he took over the reins of one…
*The following speech was delivered today at GBTA Convention 2016.* Security The world is a dangerous place. Using our best efforts as a society, we try to protect all of our global citizens from acts of terrorism. But in a world of 7.3 billion people, we will never fully succeed despite all of our best…
A lot can happen in just a couple of days, and GBTA Convention 2016 is the perfect example of that. Nearly 7,000 individuals from over 50 countries attend to reap the benefits of months of hard work. With so many business travel education sessions, industry speakers and networking opportunities, it’s no wonder GBTA Convention 2016…
In the Jimi Hendrix song referenced in the title of this post, it takes about half a day traveling by dragonfly to get to Spain. Luckily for business travelers, there are many more comfortable options for traveling to and from Spain than insects. Indeed, it is expected that total business travel spending in Spain will…
People who work in the global travel industry know that theirs is a robust and growing market. Certainly, travel buyers, suppliers, managers and individual travelers alike know that global business travel spurs growth, fosters vital relationships and establishes the framework for innovation. Still, $1.2 trillion is a big number – roughly equivalent to Spain’s GDP…
Each year, companies spend millions of dollars on travel expenditures across a number of payment methods. While corporate cards, Central Travel Accounts (CTAs) and an employee’s personal card are currently the most popular payment methods, alternatives, like virtual payments, for corporate travel are making their way onto the scene as options with less upfront control…
*Kristina Weischadle, GBTA Sustainability Committee member, and the GBTA Sustainability Committee contributed the following guest blog post.* GBTA’s convention is a big event with nearly 7,000 attendees from the business travel industry meeting in one amazing location each year. A lot goes into making this event happen and a lot goes out…meaning waste, water, electricity,…
Do you remember your first bike? What about the sheer joy of receiving it or the pure terror of riding it for the first time? With one-in-five children in the Denver area living in poverty, a brand new bike is just a dream. That’s why GBTA volunteers came together to make dreams come true and…
GBTA Convention 2016 is just around the corner. Hope to see you there!
The business of travel has brought the world within reach, with borders blurring and people intersecting in all corners of the globe. GBTA Convention brings the entire industry together every year making it a “do not miss” event. Every year there is a spectacular line up of speakers, educational offerings, the largest travel Expo floor…
All of Europe is focused on France this month as the Euro 2016 soccer tournament is underway to select a European champion. The home team has a very good shot of being crowned victors of soccer if not of economic recovery. While the nation’s economy and business travel markets are not out-performing the rest of…
Thursday’s Brexit vote dominated the news. With the results in and U.K. voters having chosen by a slim margin to leave the E.U., GBTA issued a statement on the outcome. Skift reported on what the Brexit vote means for the global tourism industry. London’s Heathrow Airport is one of the biggest gateways to Europe, and…
The United States is getting ready for its long holiday weekend to celebrate its independence from British rule 240 years ago. The United Kingdom’s decision to declare its independence from the European Union last week is still rippling through the global economy generally and business travel specifically with The Telegraph reporting on the uncertainty Brexit…
Start your Monday off by catching up on last week’s business travel news. In a show of continuing evolution of the airline industry, American Airlines is modifying its AAdvantage program according to The Motley Fool. Joining rivals United Continental and Delta, American Airlines confirmed that it will move to a revenue-based earning system for its…
There has been a recent tightening in polls as UK voters prepare to choose if they will remain part of the European Union or not. The Brexit vote – scheduled for tomorrow, June 23 – will determine the UK’s future role in relation to the rest of the bloc. It also means that a $47.1…
The top ten business travel markets in the world are not static. Indeed, recent GBTA Foundation BTI reports have shown that China has overtaken the United States as the largest business travel market in the world. There is a significant margin between the number one and two markets – China with $291 billion spent on…
In a referendum vote yesterday, the people of the United Kingdom have voted to leave the European Union. For a briefing on what this means, click here. The following statement can be attributed to Michael W. McCormick, GBTA Executive Director and COO of the Global Business Travel Association (GBTA) – the voice of the business travel…
As we approach the 48th annual GBTA Convention, there is no doubt it has become the premier destination for travel managers to gather, discuss and share the latest trends and innovations in business travel through its series of acclaimed education sessions. This year’s edition will feature more courses and workshops in Academy Hall than ever…
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…
Tim Clark, president of Emirates Air, recently expressed concerns about the effects of Brexit on the EU economy, according to The National. Lufthansa’s CEO has also stated that he expects demand for air travel to fall if Britain leaves the bloc. GBTA’s recent Western Europe BTI found that while the ease of travel may be…
In May, GBTA launched its new Rules of the Road designed to optimize business travel. The guiding principles that make up the Rules of the Road will help to make the global travel systems safer, more secure, more reliable and a better place to conduct and facilitate business. Check out the interactive capsule below to get…
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