News to Know

The Future of the Travel Management Company
(SOURCE: PHOCUSWIRE, GBTA FEATURED)

The business travel market has seen a significant rebound from the COVID pandemic, with business travel spending for many corporations recovering to pre-pandemic levels with an estimated total volume of $1.48 trillion for 2024, according to the Global Business Travel Association. In today’s competitive market for business travel services, the traditional travel management company (TMC) model is being challenged.

Changes in airline distribution have prompted a reevaluation of the tech stack needed by TMCs, as new market entrants push the industry towards different models while more traditional TMCs refocus their efforts on automating online and offline processes.

GBTA Professional Development
Upcoming Live Webinar

The Year Ahead: 2025 Global Risk Outlook
by the GBTA APAC Risk Committee

Wednesday, February 19
9:30 AM Mumbai | 12:00 PM Singapore
1:00 PM Tokyo | 3:00 PM Sydney

Join the GBTA APAC Risk Committee for The Year Ahead: 2025 Global Risk Outlook, a must-attend live webinar designed to equip organizations with the knowledge they need to navigate the emerging risks of 2025.

Businesses must be proactive in identifying and preparing for key risks to ensure traveler safety and organizational success. Our panel of experts will provide an in-depth review of the emerging risks and how they expect to shape safety and security for global business travelers throughout the year.

Charge:
GBTA Member Exclusive Benefit: Complimentary
Non-Member: $25

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