american express global business travel
Global Business Travel Forecast 2017 Indicates Subdued Growth, with Only Moderate Price Increases Across Air, Hotel and Ground Transportation
American Express Global Business Travel | November 16, 2016
Shifting geopolitical landscape and increased security concerns generate global economic uncertainty. Overcapacity and fierce competition between legacy carriers and low cost carriers will keep airfares limited to only moderate gains for 2017 New York – November 16, 2016 – After an uneven 2016 that saw only limited increases in overall pricing, the business travel outlook for next year looks to be similarly subdued, with flat to moderate rate increases expected globally across air, hotel and ground transportation, according to Global Business Travel Forecast 2017 by American Express Global Business Travel. The continued slow...
Business Travel Continues to Grow in China, While Organizations Adopt a More Traveller-Centric Approach to Their Business Travel Programs
CITS American Express Global Business Travel | October 26, 2016
SHANGHAI, Oct. 26, 2016 -- CITS American Express Global Business Travel today announced the results of its 2016 China Business Travel Survey (the Barometer) during the twelfth annual China Business Travel Forum (CBTF), held in Shanghai. Earlier this year, it was widely reported that expenditure on business travel in China has overtaken the United States to be the country with the largest business travel spending globally*. According to the Barometer's findings, average growth for travel and expense (T&E) budgets in China in 2016 was 4.86%, consistent with 4.8% growth in 2015, and also with the 4.42% that had been anticipated in ...
New Research Reveals Business Travel in Europe Grew at a Higher Rate Than Expected in 2015
the Barometer | January 28, 2016
Growth in business travel budgets was twice as strong as expected heading into 2015. Companies' international development plans stand out as a major growth driver. PARIS, January 28, 2016 -- American Express Global Business Travel ("GBT") today announced the results of its 2015 EVP Barometer by American Express Global Business Travel (the "Barometer") during the 25th annual EVP, held in Paris. The Barometer results show that business travel spending increased by 1.42% in 2015, more than twice the rise anticipated in the 2014 Barometer (0.7%). In addition, "safety and security" has overtaken "cost c...
American Express Predicts Moderate Air, Hotel and Ground Transportation Price Increases for 2016
American Express Global Business Travel | November 24, 2015
Gradually-improving economies, lower gas prices and stronger demand will lead to slightly higher travel prices across all regions NEW YORK--November 24, 2015--The American Express Global Business Travel Forecast 2016 (the "Forecast"), predicts air, hotel and ground transportation prices will see modest gains in 2016, as a slowly-improving global economy and stronger demand outpace increases in supply. Led by favorable market conditions in North America and tempered growth in Asia, the airline industry will see slight pricing gains as increased demand is offset by similar growth in capacity partially spurred by lower fuel costs. Global ...
