business travel outlook
GBTA Convention 2024 Delivers Record Forecast Outlook and Positive Future Vision for Business Travel While Bringing Education, Connections and Inspira
Global Business Travel Association | July 25, 2024
The world’s largest gathering of the global business travel industry transcends travel disruption challenges, hosts 5,400 global delegates in Atlanta during its annual event July 22-24 The global business travel industry converged in Atlanta, Georgia, for the GBTA Convention 2024 held July 22-24 at the Georgia World Congress Center. Attracting 5,400 registered attendees from 50 countries – including more than 1,100 travel buyers from 600+ companies and 310 travel supplier exhibitors – the not-to-be-missed industry event featured over 200 dynamic presenters, 86 peer-reviewed and curated education sessions, unmatched networking oppor...
Travel Managers Weigh In on Business Travel’s Outlook for 2023...
GBTA | March 16, 2023
New report from GBTA and Spotnana reveals travel manager sentiment on post-pandemic recovery, changing priorities, economic risks, and balancing cost savings and the traveler experience Alexandria, VA and New York City (March 16, 2023) – A majority of U.S. corporate travel buyers expect their company’s business travel to ramp up and return to pre-pandemic levels by the end of 2023. Despite concerns about inflation and rising prices, only one in five travel managers say their companies have begun to limit business travel. Since the onset of the pandemic, however, demands on travel managers’ time and priorities have grown, including ...
Long-Term Global Business Travel Outlook Remains Strong but Omicron Variant Dampens Near-Term Momentum...
GBTA | January 20, 2022
Alexandria, VA – January 20, 2022 – New variant developments, government restrictions, and international policy inconsistencies are currently hindering a more accelerated return for global business travel. However, the industry continues to reflect progress and optimism in its long–view expectations for 2022, according to the latest poll from the Global Business Travel Association (GBTA), the world’s largest business travel association and leader in education, research, networking and advocacy. “Here at the start of a new year, the business travel industry and business travelers continue to...
Is Election Year Uncertainty Putting U.S. Businesses At Risk?...
Mike McCormick | October 28, 2016
By Mike McCormick Today, the GBTA Foundation released its latest quarterly U.S. business travel forecast, slightly downgrading our expectations from the previous quarter. Uncertainty around the upcoming presidential election is among the factors influencing our more pessimistic outlook for U.S. business travel spending through 2017. Along with the uncertainty surrounding the election, sluggish global expansion, low inflation, weak investment and choppy geopolitical conditions continue to shackle business travel volume and spending growth. GBTA forecasts business travel volume to advance just 1.0 percent in 2016, while spending falls 0.6...
