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November 2, 2023

News to Know

Survey: Amid Cost Concerns, Discounts Could Lure Meeting Planners

Most meeting professionals would increase their budgets to secure preferred venues despite continued cost concerns for 2024, according to a new survey from meeting technology provider Cvent. 

Cvent's 2023 North American Planner Sourcing Report surveyed more than 500 regional event professionals in April and May. 

While 48 percent of respondents said that cost-saving measures would predominantly determine their event planning priorities this year and next, 49 percent of respondents said they would increase their budgets up to 20 percent to secure a preferred venue or hotel, according to the report. Forty-six percent said they would increase their budgets up to 10 percent. Just 1 percent said they would not increase their budget at all.

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How European Airlines Have Hedged Against Fuel Price Increases (REUTERS)

Turkiye: Flight Disruptions Likely to Continue on Turkish Airlines and Anadolu Jet Flights Through at Least Nov. 2 (CRISIS24)

France Should Implement New Recommendations on Economic Regulation of Airports (4HOTELIERS)

Are Passports a Thing of the Past? SITA Is Working on It (WEB IN TRAVEL)

Hong Kong Flag Carrier Cathay Pacific Banks on Premium Services in Battle Back to Airline Top Flight (CHANNEL NEWS ASIA)


From Insights to Action: Hotel Revenue Trends of 2023-2024... (HOSPITALITY NET)

The Positive and Negative Impacts of Travel on Destinations (PHOCUSWIRE)

New Standard for MICE Events with New Agenda: Meetings Redesigned (NATION THAILAND)

4 Highlights From the 2024 Amex Meetings and Events Forecast (MEETINGS NET)

Industry Spotlight

GBTA LATAM Conference 2024 Mexico City
Registration Opens Today

April 3 - 4

Join us for the GBTA LATAM Conference 2024 in vibrant Mexico City! For over 15 years, our conference has been the cornerstone event for the business travel and meetings industry in the Latin American region. This is where connections are forged, networks expand, and knowledge is shared. Get ready to dive into the latest trends, gain insights from renowned speakers, and equip yourself with the essential tools for steering your business into the future. Don't miss out on this exclusive gathering of leaders in the Latin American business travel community.

Register today and enjoy savings of up to 50%

Learn More


GBTA Canada
Welcoming Canada's Chief Accessibility Officer at Canada Business Travel Forums

Calgary Nov 8-9 | Toronto Nov 13-14

Supporting an Accessible Travel Experience

Accessible travel is complicated and often goes unaddressed in corporate travel programs. This session will explore the importance of accessible travel programs and how you can work with your internal and external stakeholders to provide the best possible experience for travellers that require accessibility support.

Joining via video link for this session Stephanie Cadieux, Canada’s first Chief Accessibility Officer (CAO) ​​will explore the Accessible Canada Act and how it applies to the travel industry as well the work her team does to challenge assumptions and ensure barrier free access for travellers with a disability.

  Register: Calgary Nov 8-9 Register: Toronto Nov 13-14 

Did You Know? Buyers Attend Free!


Crisis24 Intelligence Brief

China - Periodic air pollution likely to continue in parts of northern China through March. Sporadic transport disruptions, restrictions possible.

Eastern Europe and Central Asia - Disruptions due to winter weather likely across Eastern Europe, Central Asia through April 2024. Take precautions to minimize disruptions.

Israel and Palestinian Territories - Cross-border violence likely to escalate as Israel continues ground operations in Gaza Strip as of Nov. 2.

United Kingdom - Pro-Palestinian activists to demonstrate at Trafalgar Square, London, UK, from 14:30 Nov. 4. Tight security, transport disruptions likely.

Western, Central, and Southern Europe - Storm Ciaran to bring severe weather to Ireland, France, Belgium, Netherlands, and UK through Nov. 3. Flooding, related disruptions likely.

More Information

Upcoming Events

Mitigating 2024 Corporate Hotel Rate Increases via Segment Convergence

GBTA Business Travel Forums | Calgary
November 8

GBTA Business Travel Forums | Toronto
November 13

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

GBTA Conference 2024 - Mexico City
April 3 - 4

View More Events

GBTA have helped to facilitate a letter from more than 70+ companies to the commission calling for the publication of the MDMS regulation by the end of the year. Multimodal Digital Mobility Services (MDMS) regulation, intended to make it easier to ticket and book trips that connect air and rail services initially planned for June 2023, has been again delayed. Read the letter here

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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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