August 21, 2023

News to Know


Q2 Industry Perspectives: Looking Ahead for the Travel Industry
(SOURCE: HOSPITALITY NET)

Over the last several weeks, many travel businesses released their Q2 earnings and shared their latest expectations. These insights and perspectives help us understand how some of the largest corporate travel players are viewing the state of the economy and its impact on the travel industry as well as opportunities or barriers on the horizon that may impact their continued growth. Here is a deeper dive into their perspectives.

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AVIATION

Survey Reveals The World's 5 Best Airlines For Business Travel (SIMPLE FLYING)

Hundreds of Flights Canceled as Storm Hits the West Coast (CNN)

HOSPITALITY

Hotels' COVID Learnings Boost Upcycle as Demand Shows No Sign of Abating (BUSINESS INSIDER)

SUSTAINABILITY

Environmentalists and Airlines Square off Over Standards for Sustainable Fuel (TRAVEL WEEKLY)

National Limousine Association Launches GreenRides Initiative (TRAVEL DAILY NEWS)

OTHER SECTORS

AI Insights: Generative AI to Drive Efficiencies in Business Travel (PHOCUSWIRE)

Survey Shows Increased Appetite for Travel Across Southeast Asia (BRANDING IN ASIA)

GBTA Convention 2023 Showcases Positive Forecast, Trends and Learning for The Future of the Global Business Travel Industry (TRAVEL DAILY NEWS, GBTA FEATURED)

Mark Cuschieri Named First Non-Us Board President of GBTA (BTN EUROPE, GBTA FEATURED)

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Resources


Crisis24 Intelligence Brief

Guadeloupe - Workers of Air Caraibes, headquartered in Guadeloupe, will continue striking through Aug. 25. Reconfirm flights.

Russia - Flights suspended at Domodedovo and Vnukovo airports in Moscow, Russia, early Aug. 21 due to reported drone activity. Reconfirm flights.

South Pacific/Oceania - Additional domestic flight disruptions likely in coming weeks at Ile des Pins Airport, New Caledonia, as of Aug. 18. Reconfirm flights.

United Kingdom - Unionized rail workers in the UK to strike nationwide Aug. 26. Rail service disruptions likely.

United States - TS Hilary tracking north-northwest across Los Angeles County, California, US, late Aug. 20 following landfall over Baja California, Mexico.

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Upcoming Events

Sustainable Travel Management
September 18, 25, October 3, 9

GBTA APAC Conference 2023 - Singapore
September 19 - 20

Advanced Priniciples of Business Travel Management
October 5, 12, 19, 26

GBTA + VDR Europe Conference 2023 – Hamburg
November 14 - 16

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Listen Now

Exploring NDC's Impact in Travel Industry. Experts weigh in on the fast-paced evolution of New Distribution Capability (NDC). In a recent GBTA poll, 53% of business travel pros said airlines are rushing NDC rollout. Tune in as industry leaders discuss NDC's current state, challenges, successes, and priorities for the future.

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