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First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets
Performance

First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets

The GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA), today unveiled findings from its Sustainability Acceleration Challenge, an industry-first global benchmarking initiative to evaluate the current state of busin...

Global Business Travel Association (GBTA)
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Environment & Sustainability
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Business Travel
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Markets & Performance
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First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets 4 November 2024GBTABusiness Travel
First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets
Performance

Hotel price rises to slow down in key business destinations around the world

Global hotel rates are forecast to continue rising in 2025, but price increases will moderate compared to the steep rises of recent years, thanks to easing leisure travel demand and a surge in new hotel construction. These insights come from the con...

American Express Global Business Travel
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Business Travel
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Markets & Performance
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Hotel price rises to slow down in key business destinations around the world24 October 2024American Express GBTBusiness Travel
Hotel price rises to slow down in key business destinations around the world
Performance

Global Business Travel and Events Costs Moderating in 2024, With Continued Modest Increases in 2025

Global business travel and events prices appear to be moderating following the dramatic increases seen in recent years. The 2025 Global Business Travel Forecast, published today by CWT, the business travel and meetings specialist, and the Global Bus...

Global Business Travel Association (GBTA)
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Business Travel
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Markets & Performance
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Global Business Travel and Events Costs Moderating in 2024, With Continued Modest Increases in 202520 September 2024GBTABusiness Travel
Global Business Travel and Events Costs Moderating in 2024, With Continued Modest Increases in 2025
Hotelschool The Hague: 13% less business travellers to Amsterdam – but they stay 16% longer
Performance

Hotelschool The Hague: 13% less business travellers to Amsterdam – but they stay 16% longer

Hotelschool The Hague announces insights from its first Yearly Outlook report, revealing that international business travel has fully recovered, surpassing pre-pandemic levels by 2% in 2024. This recovery marks a significant milestone for the global...

Hotelschool The Hague
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Business Travel
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Finance & Accounting
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Markets & Performance
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Hotelschools | Universities
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Hotelschool The Hague: 13% less business travellers to Amsterdam – but they stay 16% longer12 September 2024Hotelschool The HagueBusiness Travel
Hotelschool The Hague: 13% less business travellers to Amsterdam – but they stay 16% longer
Performance

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

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...

Global Business Travel Association (GBTA)
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Business Travel
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Markets & Performance
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Global Business Travel Industry Spending Expected to Hit Record $1.48 Trillion in 202423 July 2024GBTABusiness Travel
Global Business Travel Industry Spending Expected to Hit Record $1.48 Trillion in 2024
Performance

U.S. Business Travel Industry Responsible for 2% of U.S. GDP and 3.5% of Employment in Latest Full-Year Figures

The Global Business Travel Association (GBTA) today unveiled a new study, the “GBTA U.S. Economic Impact Study: Business Travel’s Impact on Jobs and the U.S. Economy,” which quantifies the significant economic impact of traveling for work in the U.S...

Global Business Travel Association (GBTA)
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Business Travel
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Markets & Performance
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U.S. Business Travel Industry Responsible for 2% of U.S. GDP and 3.5% of Employment in Latest Full-Year Figures 5 June 2024GBTABusiness Travel
U.S. Business Travel Industry Responsible for 2% of U.S. GDP and 3.5% of Employment in Latest Full-Year Figures
Performance

Canadian Business Travel Is Forecast to Return to Pre-Pandemic Levels in 2024, Reaching $25.9 Billion USD and 13.5% Annual Growth

Business travel in Canada is poised for a strong, evolving future, according to the takeaways and forecasts unveiled during the Global Business Travel Association (GBTA) Canada Conference 2024 held in Toronto this week, April 22-24. As the premier t...

Global Business Travel Association (GBTA)
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Business Travel
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Markets & Performance
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Canadian Business Travel Is Forecast to Return to Pre-Pandemic Levels in 2024, Reaching $25.9 Billion USD and 13.5% Annual Growth26 April 2024GBTABusiness Travel
Canadian Business Travel Is Forecast to Return to Pre-Pandemic Levels in 2024, Reaching $25.9 Billion USD and 13.5% Annual Growth
Performance

Hotels poised for strong holiday season fueled by business travel uptick

The business outlook for hotels remains strong for the remainder of 2023 thanks to an uptick in business travel and a healthy preference among business and leisure travelers to stay in hotels.

American Hotel & Lodging Association (AHLA)
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Business Travel
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Consumer Trends
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Markets & Performance
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National & International Policy
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Hotels poised for strong holiday season fueled by business travel uptick17 November 2023AH&LABusiness Travel
Hotels poised for strong holiday season fueled by business travel uptick
Performance

European Business Travel Spending is Forecast to Reach $450 Billion USD by 2027

Expected spending on business travel across Europe continues to steadily increase due to pent-up demand, hybrid work environments, the return of travel and meetings and more stable economic conditions, according to GBTA Business Travel Index™ Outloo...

Global Business Travel Association (GBTA)
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Business Travel
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Markets & Performance
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European Business Travel Spending is Forecast to Reach $450 Billion USD by 202716 November 2023GBTABusiness Travel
European Business Travel Spending is Forecast to Reach $450 Billion USD by 2027
Performance

Global Business Travel Industry Sees Rebound in 2023 With Shifting Challenges and Opportunities for 2024

The majority of professionals in the global business travel industry say the sector has reached near-full recovery this year since the pandemic days of 2019. But even as business travel has rebounded, the industry is looking ahead at key areas poise...

Global Business Travel Association (GBTA)
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Business Travel
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Markets & Performance
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Global Business Travel Industry Sees Rebound in 2023 With Shifting Challenges and Opportunities for 202431 October 2023GBTABusiness Travel
Global Business Travel Industry Sees Rebound in 2023 With Shifting Challenges and Opportunities for 2024