gbta foundation
GBTA Foundation Reveals the State of Climate Action in Global Business Travel in New Report
GBTA | June 13, 2023
Findings from GBTA’s “The State of Climate Action in Business Travel” report cite awareness, investment and communication as key factors in advancing global sustainability The time is now for the global travel industry to enact meaningful changes for the climate, according to a newly released report, “The State of Climate Action in Business Travel – Global Industry Barometer 2023,” from the GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA). As reflected in the findings, “business travel is at a critical juncture” as the industry continues to adjust to new realities and envisions a more r...
Improving The Hotel RFP Process
Monica Sanchez | June 19, 2017
By Monica Sanchez The GBTA Foundation released a new study in partnership with Best Western Hotels & Resorts today that explored the Hotel RFP process from the eyes of a travel manager. A large majority (87 percent) of the travel managers interviewed have some level of involvement with the Hotel RFP process, while 56 percent say they rely somewhat or a lot on a TMC to conduct the RFP process. Each year, most travel programs work closely with their hotel suppliers to negotiate rates and amenities, so they can find the best partners in this space. Typically, 12 percent of the properties are dropped and 13 percent are newly signed as p...
Sharing Economy Significantly Influences Business Travel According to GBTA Foundation’s Latest Survey
The GBTA Foundation | February 1, 2017
ALEXANDRIA, Va.-- Ride-sharing services are now allowed by one-half (50%) of all corporate travel policies, a jump from 44% in June 2016, according to the GBTA Business Traveler Sentiment Index™ Global Report – January 2017, in partnership with American Express. The Index examines business travelers' feelings about their trip experience and how those feelings affect their behaviors on the road. As policies expanded to include ride-sharing suppliers, such as Uber and Lyft, ridership among business travelers increased 21%. A majority of travelers anticipate using these types of services about the same amount (71%) or more ofte...
Is Election Year Uncertainty Putting U.S. Businesses At Risk?
Mike McCormick | October 28, 2016
By Mike McCormick Today, the GBTA Foundation released its latest quarterly U.S. business travel forecast, slightly downgrading our expectations from the previous quarter. Uncertainty around the upcoming presidential election is among the factors influencing our more pessimistic outlook for U.S. business travel spending through 2017. Along with the uncertainty surrounding the election, sluggish global expansion, low inflation, weak investment and choppy geopolitical conditions continue to shackle business travel volume and spending growth. GBTA forecasts business travel volume to advance just 1.0 percent in 2016, while spending falls 0.6...
GBTA Foundation Study: Majority of North American Business Travelers Commonly Use Hotel Apps
the GBTA Foundation | September 8, 2016
Opportunity Exists for Hotels to Implement Innovative Technology to Serve Customers in Years to Come Internet Access at Hotels Remains Paramount for Business Travelers Alexandria, VA (September, 2016) – Business travelers commonly use hotel apps according to a new study released today by the GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA), in partnership with Best Western Hotels & Resorts. Three of five (61 percent) business travelers have downloaded at least one of the seven major hotel chains' apps on their smartphone in the past year, with more than half of those travelers (5...
What Apps Business Travelers Use and Why
the GBTA Foundation | July 1, 2016
ALEXANDRIA, Va. - July 1, 2016 - Mobile technology continues to make it easier for travelers to manage their own travel while in-transit and the majority of global business travelers are embracing this trend, according to a new study released today from the GBTA Foundation in partnership with Sabre Corporation. More than 7 in 10 business travelers in the United States (78 percent), Italy (77 percent), Canada (74 percent) and Spain (73 percent) prefer using self-service technology to manage their travel, while the rate is slightly lower for the Nordic countries (60 percent) and Germany (56 percent). In North America and Europe, the vast ...
Business Travel in Brazil Set to Bottom out in 2016 Before a Slight Rebound in 2017
the GBTA Foundation | May 25, 2016
Wide Range of Issues are Creating a Difficult Climate for Business Travel in Latin America's Biggest Market SÃO PAULO - May 25, 2016 - Brazilian business travel will continue to face a difficult climate for the remainder of the year. This is one of the key findings from the GBTA BTI™ Outlook – Brazil 2016 H1, a report by the GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA), sponsored by Visa, Inc. The new report has downgraded business travel in Brazil for the fourth consecutive time, with total business spending in Brazil forecast to decline by 8.5 percent this year. Wh...
GBTA’s Annual Forecast Predicts Global Business Travel Spending to Hit Record High of $1.2 Trillion
July 27, 2015
China Business Travel to Skyrocket By 61 percent Over Next 5 Years GBTA Identifies Five Business Travel Markets of the Future Orlando, FL – July 27, 2015 – Despite recent economic turbulence, China business travel will increase by 61 percent over the next 5 years, from $261 billion in 2014 to $420 billion in 2019. That increase is greater than the increases in business travel growth in the next 8 largest countries combined, including the U.S., Germany, India, U.K., Indonesia, France, Turkey and Japan. These findings are part of an annual travel forecast released today at GBTA Convention 2015 from the GBTA Foundation – the educati...