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March 20, 2024

News to Know

Group Demand, Weekday Business Travel Fuel Hotel Profitability in Top US Markets

Surges in weekday demand and pricing power across the top 25 hotel markets helped drive positive changes in hotel profitability for full-year 2023.

While the U.S. hotel industry overall continued to grow gross operating profit per available room (GOPPAR) year over year, the top 25 hotel markets are accountable for most of this growth, well exceeding the national average for the year.

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US Senate Panel Steps up Probe into Airline Fees (YAHOO!)

The Most Notable New Airline Routes This Week (SIMPLE FLYING)


Uber Invests in Nigeria-Founded Mobility Startup Moove (PHOCUSWIRE)


Rosewood Hotel Group Accelerates Growth and Evolution Across Its Four Distinctive Brands (4HOTELIERS)

Hilton Debuts Sleep Retreats (HOSPITALITY TODAY)


Assessing and Addressing Sustainability Risks in the Hospitality Industry (DELOITTE)

Air New Zealand Launches Global Search For SAF Innovators (SIMPLE FLYING)


Concur Aims to Drive Automation, Improve User Experience with Updates (PHOCUSWIRE)

Expedia Welcomes New Partners to Its Global Travel Ecosystem (4HOTELIERS)

Industry Spotlight

GBTA Foundation
Promoting A Responsible Business Travel Supply Chain!

To help standardize the procurement and supplier management process, the GBTA Foundation in collaboration with the Sustainability Committee has released the new GBTA Sustainable Procurement Standards resource for aviation. It’s an open-source, industry-wide set of sustainability questions to assess suppliers’ People and Planet efforts in a consistent and harmonized manner.

These standards will better prepare suppliers to respond to buyer ESG requests, which will save time and improve efficiency within the RFx process. The resource also gives buyers a standard framework for assessing the People and Planet practices of current or potential vendors, partners, and suppliers.

Download Now


GBTA New Report Made Possible by BCD Travel
Artificial Intelligence (AI) & What It Means for Business Travel Management

AI is transforming our lives in countless ways both personally and professionally. “The Big Idea” sessions conducted at the previously held GBTA APAC and GBTA Europe conferences addressed what AI means for our industry. This report represents the collated feedback from the 700+ travel industry professionals across Europe and APAC who participated in the sessions. Read the outcomes in the report available here in the GBTA Hub or via the BCD website.

For more discussion of the findings, look for and tune into the upcoming April 15 GBTA podcast: "Reflections on the Big Idea: AI in Business Travel.”


Crisis24 Intelligence Brief

Argentina - Unionized pilots and other air travel workers to strike in Argentina March 28-29. Flight disruptions likely; protests possible.

Canada - Adverse winter weather forecast across much of southern Alberta, Canada, through at least March 21. Hazardous travel conditions likely.

Italy - Italian unionized railway workers to launch 24-hour strike 21:00 March 23-21:00 March 24. Transport disruptions likely.

United Kingdom - Unionized tram workers to strike in London, UK, 20:00 March 24-06:00 March 28. Service disruptions are planned.

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Upcoming Events

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

GBTA APAC Conference 2024 - Singapore
May 14 - 15

GBTA U.S. Legislative Summit 2024
June 10 - 12

GBTA Convention 2024
July 22 - 24

View More Events

Meet the Instructor: Jen Steinke
Introducing Jennifer Steinke, instructor for our Fundamentals of Business Travel Management course. With over 30 years of corporate travel experience, Jen is currently Director of Travel, Meetings, and Fleet at Moderna.

Join Jen to explore policy creation, travel technology basics, data analytics, and more

Don't miss out – enroll now to learn from Jen Steinke

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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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