Been seeing all the photos of people at live business events lately? It’s masks-off, flaps-up and stow-your-tray-table time for business travel, according to multiple reports and market signals. On Thursday (April 21), the Global Business Travel Association (GBTA) published member survey results finding that 86%...
The Global Business Travel Association (GBTA) is in favor of postponing the hotel request-for-proposal (RFP) process for corporate travel bids until 2021 due to the coronavirus, it said Tuesday (May 5) in a press release. GBTA CEO Scott Solombrino said that while the organization doesn’t...
As the coronavirus continues to spread, international corporate trips have largely been suspended as the travel sector braces for an estimated revenue hit of $820 billion, Reuters reported on Wednesday (March 11), citing an industry survey. A survey by the Global Business Travel Association (GBTA)...
B2B payments may be slow to embrace disruption and innovation, but there is one category of corporate spend that may be ahead of the curve: business travel. Mobile by nature, business travel has emerged as a leader in commercial payments digitization as companies explore ways...
August 14, 2023
Business travel is bouncing back following a pent-up demand for in-person meetings and events as the world moves beyond the pandemic. This rebound is occurring faster than expected, the Global Business Travel Association (GBTA) and Visa said in a Monday (Aug. 14) press release. Global business travel expenditures totaled $1.03 trillion in 2022, increasing 47% […]
March 11, 2020
As the coronavirus continues to spread, international corporate trips have largely been suspended as the travel sector braces for an estimated revenue hit of $820 billion, Reuters reported on Wednesday...
January 13, 2016
United States business travel will see a stabilized growth rate over the next two years, with that growth coming even in the face of hurdles from the Asia-Pacific, Middle East...
