the Global Business Travel Association
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...
As Omicron Emerges, the Business Travel Industry Shows Concern for Potential Economic Impact but Stays the Course on Returning to Corporate Travel
GBTA | December 16, 2021
The recent emergence and yet-unknown trajectory of a new COVID-19 variant is the latest development on the road to recovery for the business travel industry. Due to the omicron variant, many business travel practitioners are concerned about the potential economic impacts in the industry. Most companies, however, are taking a wait-and-see approach before introducing new restrictions or requirements for business travel as a result of the omicron variant. Additionally, a clear majority feel countries should require international visitors to prove they are fully vaccinated, and that pre-trip negative tests should be required regardless of vaccina...
New International Border Openings Set to Accelerate Lift in Business Travel
GBTA | October 21, 2021
Optimistic signs of return and tangible recovery in the business travel sector could be seen over the past month. In the latest poll from The Global Business Travel Association (GBTA), half (52%) of industry respondents reported more optimism compared to September. October also saw an increase to 66% of those polled who said their companies are allowing non-essential domestic business travel and, in a high for the year, 42% international travel, while m Three in four (74%) indicated support for the opening of U.S. borders (now slated for November 8) with the required protocols, with seven in 10 expecting an increase in international busine...
Business Travel Continues Moving Forward but Uncertainty Around Variants Impacts More Accelerated Recovery
The Global Business Travel Association | August 27, 2021
Alexandria, VA – August 27, 2021 – The business travel industry continues to report an overall willingness and optimism about the return to business travel. However, the rise of the Delta variant and other variants has become a cause for uncertainty and increased concern over the past month. This is according to the latest poll from The Global Business Travel Association (GBTA) – the world’s largest business travel association and worldwide leader in education, research, networking, and advocacy for the industry. This poll is the 22nd in a series tracking the pulse of GBTA’s membership of ...
How Do Travel Managers View Corporate Booking Technology?
the Global Business Travel Association | February 23, 2021
Alexandria, Virginia – February 23, 2021 – The Global Business Travel Association (GBTA) – the world’s largest business travel association, today launches the findings from a study into how travel managers view online booking tools (OBTs). The study, made possible by Deem, examines how U.S. and Canada-based travel managers view corporate booking technology and how the pandemic has impacted business travel, including the changes to travel policies and booking channels. The study asked travel managers about their key priorities when selecting an OBT, how travel managers feel about booking-related innovations such as artificial intell...
Business Travelers Itching to Get Back on the Road
The Global Business Travel Association | November 19, 2020
Alexandria, VA (November 19, 2020) – Half (50%) of GBTA travel buyer and procurement professionals feel their employees are ‘willing’ or ‘very willing’ to travel for business in the current environment. Only one in five (22%) GBTA members feel their employees are not willing, demonstrating a strong readiness to resume business travel. Recent announcements of potential, effective vaccines with 90%+ efficacy rate in clinical trials, has increased sentiment among GBTA travel buyer and procurement professionals that their company will be more likely to allow business travel and employees to attend in-person meetings in ...
Second Wave Brings Uncertainty to Business Travel Recovery
The Global Business Travel Association | September 25, 2020
Attention turns to 2021 as two-thirds of companies plan return to in-person events Alexandria, VA (September 24, 2020) – The majority of Global Business Travel Association (GBTA) companies expect their employees to return to in-person events in 2021. Almost half (45%) expect attendance to resume in the first half of the year, according to the latest poll conducted between September 15-19, 2020, by GBTA, with an additional 25% expecting a return to in-person events in the second half of 2021. While most do not expect their company to host in-person meetings, events or conferences in 2020, there is growing optimism for 2021, with 37% ex...
Domestic Business Travel Continues to Trend Toward Recovery
The Global Business Travel Association | August 13, 2020
Alexandria, VA (August 13, 2020) – GBTA member companies worldwide, report an emerging willingness to permit employees to engage in domestic business travel, according to the latest poll conducted between August 5-9, 2020, by the Global Business Travel Association (GBTA). Respondents to the poll; the 10th bi-weekly survey conducted among GBTA’s members since the onset of the coronavirus pandemic in February, continue to report virtually no willingness for employees to travel internationally, with 93% indicating the pandemic has curtailed all or most international business trips. By comparison, 74% of respondents report that the pandemi...