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Business travel spending gains momentum as economy improves

Business travel spending gains momentum as economy improves

10 April 2013 Press Release Tourism News Organisations & Operators

An improving economic outlook with business and consumer confidence on the rise is expected to boost business travel in 2013, leading the Global Business Travel Association to upgrade its forecast for the year.  Stronger corporate profits, increasing job development and improvements in key export markets are fueling business travel spending after a sluggish fourth quarter that was dampened by political uncertainty due to the “fiscal cliff” debate.

GBTA asks DOT not to approve IATA Resolution 787

GBTA asks DOT not to approve IATA Resolution 787

7 April 2013 Press Release Airline News Organisations & Operators

The Global Business Travel Association (GBTA)—the voice of the global business travel industry—today filed comments with the Department of Transportation in Application for Approval of an Agreement (Resolution 787) by the International Air Transport Association’s (IATA) filing seeking approval of their New Distribution Capability (NDC) proposal.

GBTA announces new program: GBTA spotlight on transformation

GBTA announces new program: GBTA spotlight on transformation

21 March 2013 Press Release Travel Events News Organisations & Operators

The Global Business Travel Association, the voice of the global business travel industry, launched a new recognition program: GBTA Spotlight on Transformation. This new program will focus on the future thought leaders of business travel management and will highlight successful innovations that allow the travel manager and the corporate traveler to elevate the business of travel.

GBTA China Conference 2013

GBTA China Conference 2013

20 March 2013 Press Release Travel Events News Organisations & Operators

Global corporations have been spending more and more on corporate travel in China over the last decade. Global Business Travel Association (GBTA), the world’s premier business travel and corporate meetings organization, predicts that $245 billion will be spent on corporate travel in China in 2013 and that the country’s corporate travel spending may surpass that of the US by 2014.

GBTA Foundation launches new meetings guide

GBTA Foundation launches new meetings guide

1 February 2013 Organisations & Operators

The GBTA Foundation, the research and education arm of the Global Business Travel Association, has announced the creation of a new RFP Guide to Strategic Meetings Management. This guide will represent a standard set of topics for an organization to ask vendors to address when soliciting vendor bids for an SMM program and to help guide internal communication or successful development or expansion of an SMM program.

Sluggish 2012 should yield to better 2013 for business travel

Sluggish 2012 should yield to better 2013 for business travel

9 January 2013 Press Release Tourism News Organisations & Operators

Business travel spending growth slowed through the tail end of 2012 as companies postponed critical investment decisions until after the U.S. presidential election and Congressional debate on the fiscal cliff.  However, the business travel forecast for 2013 should be more positive, provided there is continued easing of economic and political uncertainty – presenting an early indication of greater corporate confidence in spending decisions.