Gbta news and trends

GBTA, Visa Say Business Travel Rebounded Faster Than Expected
Travel Payments // 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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Business Travel Takeoff Looks Imminent as Conditions Improve — But Who Really Knows?
Travel Payments // April 21, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

GBTA: Move 2020 Hotel RFP Process To Next Year
B2B Payments // May 05, 2020

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. Get the Full Story Complete the form to unlock this...

Coronavirus Expected To Trigger $820B In Corporate Travel Losses
Coronavirus // 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 (March 11), citing an industry survey. Get the Full Story Complete the form to unlock...

Quick Reads
Global Business Travel Spending to Surpass 2019 Record

July 22, 2024
Global business travel spending is expected to reach a record high in 2024, exceeding the current record that was set in the pre-pandemic year of 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]

GBTA, Visa Say Business Travel Rebounded Faster Than Expected

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. Get the Full Story Complete the form to unlock...

Coronavirus Expected To Trigger $820B In Corporate Travel Losses

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...

US Business Travel A $300B Market In 2016

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...