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Global Business Travel Association

U.S. Business Travel Spending Hits $424B in 2016

A new report by the Global Business Travel Association (GBTA) Foundation found that U.S. businesses spent $424 billion to send travelers out on the road for 514.4 million domestic business trips in 2016.

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.

Global Ground Transportation to Continue Flat Pricing

New Global Business Travel Association (GBTA) research highlights six risks heading into 2017 that could impact both travel industry prices and the global economy as a whole. Risks include financial market turbulence, oil prices, and uncertainty surrounding Brexit.

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.