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GBTA nomination period CLOSES TOMORROW, March 26, 2024.
Learn more about the duties and time commitment for serving on the GBTA Board.
March 25, 2024

News to Know


AmexGBT Buys Rival CWT for $570mn in Bet on Business Travel
(SOURCE: FINANCIAL TIMES, GBTA FEATURED)

American Express Global Business Travel has agreed a $570mn deal to buy rival CWT, in a bet on the continued recovery of business travel following the pandemic. AmexGBT, which offers booking and management services for corporate travel, said the deal would add 4,000 new clients to its current tally of 20,000. Its existing customers include Google, Aon and Bank of America.

The acquisition comes at a time of growing competition and consolidation as the industry looks to move beyond the disruption of the pandemic. The Global Business Travel Association last year forecast that corporate travel spending would recover to its pre-pandemic total of $1.4tn in 2024 and grow to nearly $1.8tn by 2027.

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AVIATION

New Pacific Airlines to Suspend All Scheduled Flights (AIRWAYS MAG)

Singapore Airlines to Suspend Flights to Two Chinese Cities for Regulatory Reasons (VN EXPRESS)

Strike Averted as Brussels Airlines Reaches Deal With Pilots (TRAVEL TOMORROW)

HOSPITALITY

Hyatt Shows a Robust Pipeline in India and Southwest Asia for 2024 (4HOTELIERS)

GROUND TRANSPORTATION

UK Rail Services to Be Affected By ‘Rolling’ Strikes (BTN EUROPE)

SUSTAINABILITY

Cathay Pacific Will Accelerate SAF Usage to Reach New 2030 Emissions Target (SIMPLE FLYING)

OTHER SECTORS

Exploring the Travel Payments Landscape in Asia (PHOCUSWIRE)

Industry Spotlight


GBTA U.S. Legislative Summit
GBTA U.S. Legislative Summit: Rates Go Up After March 31

Discover how your voice can influence key policymakers at the GBTA U.S. Legislative Summit (June 10-12, Washington, D.C.)! By participating in our fly-in meetings, you’ll help educate elected officials on the power of business travel, and how our industry is essential to the economy, businesses, and communities across the United States. You’ll also get to meet and network with passionate colleagues who want to make a difference! Sign up by March 31 to lock in reduced early bird rates.

Register

 

GBTA Elections
GBTA Nominations Are Open!

Unlock the Power to Shape Business Travel

GBTA Board of Directors 2024 nominations are officially OPEN! Be a driving force in shaping the future of GBTA, its members, and the entire industry. Nominate yourself or a standout colleague who's ready for the challenge. Look out for the nomination link direct to your email.

Act fast! The nomination period closes tomorrow, March 26, 2024 and remember to cast your vote when it opens, ensure you're a GBTA member! Join by May 14 for this exclusive benefit. Click to learn more about the duties and time commitment for serving on the GBTA Board.

Vacancies for the 2024 GBTA Board of Directors:

  • 2 Direct Seats (buyers)
  • 3 Allied Seats (suppliers)
  • 1 Europe Region Direct Seat (Europe based buyer)

Didn't receive your nomination link? Do you have any questions about the online nomination process? Contact Shane Downey at [email protected] or Election Services Corp. by email at [email protected] or call toll-free +1 866 720 HELP (4357). 

IMPORTANT: To cast your vote when it opens, ensure you're a GBTA member! Join by May 14 for this exclusive benefit.

Resources


Crisis24 Intelligence Brief

Asia - Pro-Palestinian rallies likely in parts of Asia-Pacific through at least late April. Tight security likely; clashes possible.

Finland - Unionized freight workers to continue to strike across Finland until 06:00 April 1; port, shipping, and logistics disruptions ongoing.

Papua New Guinea - Disruptions ongoing following magnitude-6.9 earthquake in East Sepik Province, PNG, as of March 25. Casualties and damage reported.

United States - Severe weather forecast across parts of the South, US, through early March 26. Flooding and associated disruptions possible.

More Information

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

Did you know?

According to the most recent GBTA Business Travel Industry Outlook poll, nearly three in five travel buyers (59%) expect their company will take more business trips this year than it did last year.

Check out more key highlights from our most recent poll.

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