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December 20, 2023

News to Know

New EU Directive to Require Travel Sustainability Reporting for 2024 Year: Is the Industry Ready?

Large companies listed on the stock market have for some time now been required to report on the sustainability impact of their corporate travel. But in Europe such requirements are going to be extended to companies with as few as 500 staff with the introduction of the EU Corporate Sustainability Reporting Directive (CSRD) in January 2024.

This means that approximately 11,500 ‘public-interest’ companies across the EU will have to start applying the new rules related to monitoring travel during 2024 in order to be able to report on them publicly during the following year.

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Starlux Inaugurates San Francisco Service (BUSINESS TRAVELLER)

Ryanair Signs 'Groundbreaking' Corporate Travel Agreement (SIMPLE FLYING)

Qantas Unveils All-in-One Solution for Business Travel and Expense Management (BUSINESS TRAVELER USA)


Uber for Business Automates Receipt Uploading for Some Clients (SKIFT)

Annual U.S. Car Rental Revenue Tops Itself Again at $38.3 Billion (AUTO RENTAL NEWS)


Were Travel Experts Right With Their 2023 Predictions? (PHOCUSWIRE)


Global Business Travel Spend to Reach US$1.8 Trillion by 2027 (BUSINESS TRAVELLER, GBTA FEATURED)

Expedia Wants to Use AI to Cut Google Out of Its Trip-Planning Business (THE VERGE)

Wall Street Analysts Share Views on Travel Future and AI (PHOCUSWIRE)

Industry Spotlight

GBTA Convention 2024
Register for GBTA Convention 2024

Act now and register for GBTA Convention 2024 before rates increase on February 4, 2024. Don't miss out and secure your access to 3-days of networking at the premier business travel event of the year while saving hundreds! Need approval? Download the Convince Your Boss document to streamline the process.

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December GBTA Volunteer of the Month

Monica Ocampo
Director of National Accounts

Monica has been in the hospitality industry for over 23 years with Oxford Collection, from front desk, General Manager to Director of National Accounts. She loves the opportunity to build relationships, friends, networking events and the continued growth. When Monica is not socializing with her colleagues and friends, she enjoys spending time with family, traveling, doing outdoors activities like snowboarding, boating, volleyball and many other sports. She usually finds herself seeking opportunities to help other and volunteering. Monica is currently the Director of Membership for the GBTA | Oregon chapter and a volunteer with Employer Support of the Guard and Reserve (ESGR).

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Crisis24 Intelligence Brief

Canada and United States - Pro-Palestinian and pro-Israeli activists likely to rally in cities across US and Canada through at least late December. Disruptions likely.

Iceland - Eruptive activity continues in the Reykjanes Peninsula, Iceland, as of Dec. 19. Evacuations and road closures ongoing.

Iceland - Unionized air traffic controllers cancel planned four-hour strike at Keflavik International Airport, Iceland, Dec. 20.

United Kingdom - Unionized public transport workers to strike across Northern Ireland, UK, Dec. 22. Transport disruptions certain; protests possible.

United States - Severe weather forecast across parts of California, US, through at least Dec. 22. Possible flooding and associated disruptions.

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Upcoming Events

GBTA Conference 2024 - Mexico City
April 3 - 4

GBTA Conference 2024 - Toronto
April 22 - 24

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New Episode of the Business of Travel is Live! 🎧🎤 Check out the second episode in GBTA's quarterly series focusing on artificial intelligence (AI) and business travel...

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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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