News to Know

Europe Makes Up Lost Ground and Is Forecasted to Be the Fastest Growing Business Travel Market in 2023

The business travel industry in Europe continues its progress towards pre-pandemic spending levels of USD $392 billion with key business markets in Europe expected to fully recover in 2026. Europe’s business travel spend now accounts for approximately 20% of global spend compared to 27% in 2019.

Emerging Europe and Western Europe were the only regions globally to experience spending declines in 2021, as COVID-19 impacted domestic and regional business travel markets. However Western Europe is expected to experience one the sharpest recoveries by 2026. This is according to the most recent business travel index–the BTI™ Outlook (2022), from GBTA.

Read more here

Yesterday, GBTA Europe hosted a 30-minute webinar providing a deeper view into the BTI™ Outlook data, business travel spending, and forecasts focused on European markets. If you missed the webinar, watch it on-demand here.

Industry Spotlight

GBTA Professional Development
Welcome to the NEW Global Leadership Professional Program

The Global Leadership Professional Program is the only educational initiative designed to provide cutting-edge business insights and immersive learning experiences for senior-level industry professionals. Business travel leaders will use the acquired knowledge to address industry challenges and identify new opportunities.

• Engaging with a network of global peers and experts
• Develop team-focused strategies for problem-solving
• Earn recognition for your committment and achievement to professional development

In Partnership with

GBTA Conference 2023 | Mexico City
Early Bird Rates Extended! Register Before February 28 to Save.

March 15 - 16 | Mexico City

We invite you to take the next step in your career as you connect face-to-face with travel managers and industry suppliers to discover innovative solutions to industry-wide challenges. Learn from the world's best and brightest industry experts at the GBTA Conference 2023 in Mexico City.

*Local language

Resources

Crisis24 Intelligence Brief

Australia - LGBTQ community to celebrate Mardi Gras at Flinders and Oxford streets in Sydney, Australia, Feb. 25. Traffic disruptions almost certain.

Canada - Adverse winter weather forecast across parts of southern Canada through at least early Feb. 24. Hazardous travel conditions likely.

New Zealand - Severe weather forecast over North Island, New Zealand through at least Feb. 25. Disruptions from Former Cyclone Gabrielle ongoing.

Spain - Adverse winter weather forecast across northern and north-central Spain, through at least Feb. 24. Hazardous travel conditions likely.

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