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gbta convention

Global Business Travel Industry Spending Expected to Hit Record $1.48 Trillion in 2024

Global Business Travel Association | July 23, 2024

Boosted by economic stability, pent-up demand and recovery momentum, spending is projected to surpass $2 trillion by 2028 according to the latest GBTA Business Travel Index Report The business travel industry has proven itself resilient as it leaves the global pandemic behind and moves into a new era of post-pandemic stabilization. The forecast for 2024 predicts global business travel spending will reach $1.48 trillion USD by the end of the year, an increase on 2019 spending which was a previous record at $1.43 trillion. Additionally, by 2028, it is projected to exceed $2.0 trillion, highlighting a robust path ahead for the business travel...

GBTA Convention 2023 Showcases Positive Forecast, Trends and Learning for the Future of the Global Business Travel Industry

GBTA | August 16, 2023

World’s largest gathering of the global business travel industry delivers latest growth forecast, learning and education sessions, and insights on key topics including sustainability, technology, workforce development, and DE&I initiatives The global business travel industry and in-person events continue to build momentum as evidenced by the robust attendance, critical insights and attendee engagement that took place this week at GBTA Convention 2023 at the Kay Bailey Hutchison Convention Center in Dallas. The industry came together to connect, learn, grow, and discover, with more than 5,200 registered attendees from 58 countri...

Global Business Travel Industry Forecast Is for Accelerated Rebound, Spending to Reach $1.8 Trillion by 2027

GBTA | August 14, 2023

Expected business travel spending accelerates due to pent-up demand, return of travel and meetings, improved COVID landscape, stable economic conditions and inflationary factors, according to the latest GBTA Business Travel Index™ Outlook report The global business travel industry has rebounded at a more accelerated rate than expected just a year ago and is now expected to surpass its pre-pandemic spending level of $1.4 trillion in 2024 − and grow to nearly $1.8 trillion by 2027. In 2022, global business travel spending rose 47% to $1.03 trillion, with strong gains continuing and 32% growth expected in 2023. These robust gains were fue...

GBTA Convention 2022 Sets the Scene for the Future of Global Business Travel

The Global Business Travel Association (GBTA) | August 19, 2022

San Diego, CA  – The global business travel industry is back and continues to move through recovery as evidenced by the robust attendance and levels of interest and insights at GBTA Convention 2022, held this week at the San Diego Convention Center. The industry came together to “(Re)connect, (Re)Imagine, and (Re)Create,” with more than 4,600 registered attendees including 1,020 travel buyers from more than 50 countries, 550 buyer companies and 250+ exhibitors. Fueled by a return to business travel, the event attracted significant numbers of first-ever attendees and new companies attending the convention. The evolution of th...

Executives to Discuss Differentiating Brands in a Sharing Economy

GBTA Convention | May 15, 2015

ALEXANDRIA, Va., May 15, 2015 -- The Global Business Travel Association (GBTA) – the voice of the global business travel industry – today unveiled another panel in an exciting line-up of speakers for GBTA Convention 2015, July 25-29 in Orlando, Florida. Differentiating Brands in a Sharing Economy Monday, July 27, 9 a.m. Moderator: Guy Langford, Vice Chairman, Deloitte LLP, and U.S. Travel, Hospitality and Leisure practice leader Panelists: Kaye Ceille, President, Zipcar Chip Conley, Head of Global Hospitality & Strategy, Airbnb Federico Gonzalez Tejera, CEO, NH Hotel Group Greg Stubblefield, Chief Strategy Officer and Executive ...

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