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January 22, 2024

News to Know

Hotel Industry Outlook 2024: Moving Steadily Forward

The U.S. lodging industry ended 2023 at 63.0% occupancy, a slight increase over 2022’s 62.7%. Strong growth in the first quarter was offset by modest declines in the latter three quarters, as outbound international travel increased and inbound international travel remained muted, particularly from APAC sources. The group segment continued to post strong year-over-year gains; business travel also improved, albeit at a more modest pace.

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Asiana Airlines to Weigh Passengers on Int'l Flights for Data (KOREA TIMES)

Brazil’s Airlines Cancel Flights to Argentina on Jan 24 Due to Strike (MALAY MAIL)

Maiden Flight: Air India’s Airbus A350 Enters Commercial Service (SIMPLE FLYING)

Airlines Are Resuming Flights to Israel (TRAVEL TOMORROW)

Travel Insurance: Flight Cancelled or Delayed Due to Fog? 5 Important Points to Keep in Mind (MINT)


Hoteliers Anticipate Greater Pricing Power in 2024 (COSTAR)


Longer Strike Set to Disrupt Rail Travel in Germany (BTN EUROPE)

Rising Travel Demand Fuels Rising Fraud: How Payment Tech Helps Airlines Fight Back (THE FINTECH TIMES)

Industry Spotlight

Volunteers Needed for the Meetings & Events Committee

We are currently seeking enthusiastic volunteers to join the GBTA Meetings & Events committee. This is your chance to share your time and talent to make a difference in the industry.

By joining the committee, you'll have the opportunity to share your knowledge, collaborate with like-minded professionals and contribute to the development of innovative strategies for meetings and events. Not only will you gain valuable experience and expand your professional network, but you'll also have the satisfaction of knowing that you are giving back and making a positive impact.

Don't miss out on this exciting opportunity to volunteer for the M&E committee. Together, we can create unforgettable experiences and shape the future of meetings and events.

If you're ready to be part of this exciting journey, click the button below to apply.

Apply Now


Crisis24 Intelligence Brief

Belgium - Unionized rail workers in Belgium to stage a nationwide strike 22:00 Jan. 29-22:00 Feb. 1. Rail service disruptions likely.

Ecuador - State of emergency remains in effect throughout Ecuador; increased security measures and retaliatory criminal violence likely through March.

India - Security measures for Republic Day to prompt disruptions across India, especially Delhi, through Jan. 26.

Netherlands - Storm Isha prompts authorities to cancel dozens of flights scheduled to operate via Amsterdam Airport Schiphol, Netherlands, Jan. 22.

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Upcoming Events

Sustainable Travel Management
Next session: starts February 5

GBTA Conference 2024 - Mexico City
April 3 - 4

Fundamentals of Business Travel Management
Spring session: starts April 4

GBTA Conference 2024 - Toronto
April 22 - 24

View More Events

Registration is open for GBTA APAC Conference 2024 - Singapore!

Join us at Raffles City Convention Centre in Singapore on May 14-15, as we bring together the Asia Pacific business travel community to network, learn from industry experts, and benefit from peer-to-peer education...

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GBTA Career Spotlight
Is Your Company Hiring?

Use the GBTA Career Center to post your business travel job openings and access thousands of qualified industry professionals looking to make their next career move.

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