News to Know

Report: U.S. Meeting Volume Exceeds 2019, Signaling End of Recovery Efforts
(SOURCE: BTN)

U.S. meeting volume in December 2022 exceeded monthly pre-pandemic levels for the second month in a row, up 3.1 percent from December 2019 benchmarks, according to meetings data provider Knowland’s monthly report. 

Meetings and events volume in December also increased 141.5 percent year over year, possibly in part due to Covid-19 variants causing cancellations during December 2021. However, December 2022 meeting volume declined of 16.4 percent compared with November 2022 benchmarks due to “native seasonality,” according to Knowland.  

Industry Spotlight

Payment Solutions in Your Travel Program

The Payment Solutions Committee would like to hear from you. Please take a moment to complete this brief survey on the role that payment has in your travel program. Your anonymous feedback will be used to help drive the industry narrative around payment and determine the committee’s deliverables to GBTA members in 2023 and beyond.

GBTA Webinar
How AI Can Turn Travel Managers into Rockstars

January 25 | 11:00 AM EST

Join this session with AppZen to learn what AI is (and what it isn’t) and how AI-driven expense auditing saves you time and money, and reduces errors. Saman Khatami, AppZen’s Director of Product Marketing, will show you how AI can:

• Reduce costs and compliance risk, and even change employee spend behavior
• Retain institutional knowledge, regardless of FTE reductions
• Read invoice content and context like a person to improve the accuracy and speed of approvals

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Crisis24 Intelligence Brief

France - Labor unions in France call for nationwide strikes and demonstrations Jan. 19; business and transport disruptions likely.

Indonesia - 7.0-magnitude earthquake strikes Molucca Sea near Indonesia at around 15:06 Jan. 18. Tsunami warning rescinded.

Mozambique - Militant threat likely to remain elevated in Cabo Delgado, Nampula, and Niassa provinces, Mozambique, through February.

United States - Adverse winter weather forecast across parts of the central US through at least Jan. 18. Hazardous travel conditions are likely.

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