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November 30, 2023

News to Know

“Revenge Travel” Is Here to Stay, Visa Study Reveals

Travel has surged post-COVID and there are no signs of it slowing, despite rising costs, Visa found in the 2023 U.S. edition of its “Visa Global Travel Intentions Study.” Toe note: According to U.S. Travel Association’s recent “Travel Price Index,” travel costs have increased 4.4 percent and while most Americans surveyed by Visa (73 percent) notice an increase in costs, only 6 percent of travelers plan to cancel or delay their plans.

American international travelers surveyed took an average of three international trips for around seven days, with Gen Z spending the most time away at more than eight days. Respondents also spent an average of $4,204 per trip, with more than 60 percent of total spend purchases at destinations leading travelers to budget more for on-site needs. When it comes to how travelers spend money in destinations, digital wallets “have become an integral aspect of the travel experience” for 74 percent of travelers. While cash is still the preferred payment option, theft, cost of conversion and leftover cash are top stressors for travelers.

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Brussels Asks Airlines to Agree on Standard Luggage Sizes (EURO NEWS)

FAA Orders Airlines to Inspect Lightning Protection Features on All 747 Variants (FLIGHT GLOBAL)

Airlines Are Watching One Number, and Willing It to Rise (BLOOMBERG)


Corporates Must Lead the Shift From Air to Rail (TRANSPORT ENVIRONMENT)

Lufthansa Expands Green Fares Across Long-Haul Routes (BTN EUROPE)

BeCause Raises $1.9M for Sustainability Data Management in Travel Industry (TECH.EU)


South Africa’s Business Travel Budgets: How Do They Stack Up Globally? (ENGINEERING NEWS, GBTA FEATURED)

Tripism Expands to SMEs Through TMC Partnership (BTN)

BCD Travel Reveals 2024 Travel Outlook (HOSPITALITY NET)

Industry Spotlight

GBTA Advocacy
GBTA Advocacy Continues on the Agenda in Europe

EU Commission proposes changes to passenger rights regulation

Passenger rights are at the heart of EU transport and consumer policy. Yesterday, the EU Commission presented a series of proposals on passenger rights and package travel. You can read the full press release here.

The most relevant one to business travel is the review of the Passenger Rights Framework to ensure passenger rights are correctly enforced, to protect passengers against travel disruption, and to improve protect passengers in multimodal journeys.

This includes clarifying the role of intermediaries and carriers in refunds and in providing information to passengers, making it easier for passengers to claim their rights, and requiring carriers to publish reports on their implementation of passenger rights, as well as granting new rights to multimodal travelers.

A Q&A on the revision of the passenger rights regulation can be viewed here.

GBTA will be assessing the impact of these changes on business travelers and will provide further in-depth analysis shortly. We would welcome your thoughts − please contact Shane Downey, GBTA Vice President, Government Relations, [email protected] with any comments.

GBTA connects in Brussels on sustainability and business travel.

This month GBTA representatives gathered in Brussels to advocate for sustainable, efficient, and seamless business travel. The group attended more than a dozen meetings with various stakeholders from across the travel eco-system including policymakers, trade associations, and industry experts.

The goal of these engagements was to address key challenges and opportunities faced by the industry, in particular promoting multimodality, the promotion and adoption of Sustainable Aviation Fuels (SAF), the harmonisation of emission tracking and reporting, and the improvement of passenger rights. GBTA actively engaged on these matters during their latest EU outreach round to ensure that policymakers and other EU stakeholders understand the unique needs and concerns of the business travel sector.

You can read the full meetings report and takeaways here.


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Crisis24 Intelligence Brief

Indonesia - Unionized workers in Indonesia staging strike, rallies, Nov. 30-Dec. 1. Further protests likely through mid-December. Disruptions probable.

Ireland - Demonstrations denouncing stabbing incident possible in Dublin, Ireland, through at least early December. Increased security likely.

South Korea - Protest to occur near Gimpo International Airport Gate 3, South Korea, from 12:00 Nov. 30. Tight security, transport disruptions likely.

Spain - Unionized airport handling workers cancel strikes planned for Dec. 5 and 10 at 46 airports across Spain.

More Information

Upcoming Events

Carrefour des Echanges Travel & MICE par GBTA
December 7

LATAM Business Travel Forums Santiago de Chile
December 14

GBTA Conference 2024 - Mexico City
April 3 - 4

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Exciting news for GBTA members! Unlock your potential with our exclusive eCornell offer. Access professional courses for only $795 each (originally up to $1,500) until Dec 22, 2023. Explore a wide array of topics, including DE&I...

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GBTA Career Spotlight
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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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