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Trump’s Travel Ban Jeopardizes International Business Travel

In the week following Trump’s travel ban, approximately $185 million in business travel bookings were lost as the uncertainty surrounding travel in general had a rippling effect on traveler confidence, according to the GBTA Foundation's latest business travel forecast.

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.

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.

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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