The Global Business Travel Association (GBTA) says the financial impact of global travel decline is expected to be 10 times worse than the Great Recession and 9/11. A 21% increase in business travel spending is projected in 2021, mostly at the end of the year.
A GBTA survey found that member companies worldwide report an emerging willingness to permit employees to engage in domestic business travel, though members continue to report virtually no willingness for employees to travel internationally.
The former CEO of the Global Business Travel Association leaves his post after an investigation into professional work conduct allegations against him.
According to a Global Business Travel Association poll, half (49%) of companies plan to resume domestic travel in one to three months and 22% plan to resume all travel in the next one to three months.
Auto Rental News sat down with Hertz at GBTA to discuss recent initiatives to improve the customer experience and how the company intends to gain share in a mature market.
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