Tagged Business Travelers

Election, Global Uncertainty Contribute to Sluggish Business Travel Spending

According to the Global Business Travel Association, total business travel volume for the U.S. is expected to advance only 1% in 2016 while spending is projected to fall by 0.6%.

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October is Busiest Month of Rental for Business Travelers

According to Hertz, more corporate customers will rent cars in the U.S. during October than any other month of the year, driving an estimated 114 million miles.

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U.S. Business Travel Spending to Grow Only 0.9%

The Global Business Travel Association (GBTA) Foundation forecasts U.S. business travel spending to grow only 0.9% ($292.5 billion) this year due to factors such as uncertainty leading up to the U.S. presidential election and the surprising vote from the U.K. to leave the EU.

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Global Business Travel Spending to Reach $1.3 Trillion

According to a new report by the Global Business Travel Association (GBTA) Foundation, global business travel spending is predicted to reach $1.3 trillion in 2016. In 2015, it topped $1.2 trillion, a growth of 5% from 2014.

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Global Uncertainty Delays Growth in U.S. Business Travel

U.S. business travel will continue to grow moderately in 2016 as global uncertainty looms, according to a report by the Global Business Travel Association. It is expected to increase 1.9% in 2016 to $295.7 billion.

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U.S. Business Travel to Europe Continues After Paris Attacks

Nearly three-quarters of U.S. business travel buyers say their company’s travel to Europe will remain largely unaffected by the recent attacks on Paris, according to a poll by the Global Business Travel Association (GBTA).

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Millennials Want to Travel More for Business

Millennials are nearly twice as likely to want to travel more for business than Baby Boomers (45% to 26%, respectively), according to a Global Business Travel Association (GBTA) report.

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Western Europe’s Business Travel Spending to Increase 6%

Business travel spending in Germany, the U.K., France, Spain and Italy combined will grow over 6% in 2015 and 2016, according to a Global Business Travel Association (GBTA) report.

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U.S. Business Travel Spending Slows in 2015

Although U.S. business travel spending will increase by 3.1% in 2015, the global oil price collapse and economic weakness in China, Russia and the Middle East will reduce the outlook for growth in 2015 and 2016, according to a Global Business Travel Association report.

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Avis Named Most Admired Rental Company

Avis Car Rental received the award for most admired U.S. car rental company in 2015 by readers of The Beat, the BTN Group’s daily travel business e-newsletter.

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National, Enterprise Top Car Rental Satisfaction Survey

National Car Rental and Enterprise Rent-A-Car ranked the highest among corporate travel buyers in Business Travel News’ inaugural “Car Rental Brand and Grand Transportation Survey.”

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China Leads Global Business Travel Spending

In the next five years, China business travel will increase by 61% (from $261 billion in 2014 to $420 billion in 2019). Asia Pacific owns the largest share of the business travel spend market with 39%, followed by North America with 27%.

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U.S. Business Travel Spending to Hit $302B in 2015

U.S. business travel spending will increase by 4.9% in 2015 to $302.7 billion, according to the Global Business Travel Association Foundation. Since 2009, U.S. business travel spending is up 38%.

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Hertz Wins Traveler, Fleet Awards

The Hertz Corp. has been recognized by the fleet and travel industry across Europe and the Middle East with awards such as the 2015 Travelers' Choice for Car Rental in Italy, Spain and the U.K and the Best Car Rental Company by Business Traveller Middle East.

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GBTA Reveals Business Traveler Sentiment Index

In this inaugural report by the Global Business Travel Association (GBTA), findings showed that millennials are more likely to use newer travel services like ride-sharing and social media to review travel suppliers.

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Enterprise’s January Airport Reservations Up 10%

Enterprise Holdings, owner and operator of National Car Rental and Enterprise Rent-A-Car brands, has reported that airport reservations are already up more than 10% for the month of January.

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Advantage Partners with Ad Agency to Target Business Travelers

Advantage Rent A Car is partnering with LMO Advertising to transform its business model and advance sales and customer loyalty. This transformation includes employee service training, a new vehicle fleet and a new nationwide flat-rate program for business travelers.

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India’s Business Travel Spending to Exceed $28B in 2015

Business travel spending in India is expected to grow 8.6% in 2014 to $62.2 billion and increase another 9.5% in 2015 to $28.6 billion, according to the latest semi-annual “GBTA BTI Outlook — India” report.

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National Launches New ‘Go Like a Pro’ TV Ads

As part of its “Go Like a Pro” advertising campaign, National Car Rental will unveil three new TV commercials featuring actor Patrick Warburton, who presents a humorous approach to the “control enthusiast” business traveler.

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China Expected to Top Business Travel Market in 2016

Business travel spending in China is expected to expand 15.9% in 2014 to $262 billion and increase another 18% in 2015, according to the latest semi-annual “GBTA BTI Outlook – China” report.

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