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Week in Review

GBTA released its latest quarterly forecast for U.S. business travel this week and business travel volume is on the rise. Charisse Jones of USA Today reported on the study saying an additional 2 million business trips are expected to take place this year over last and cites GBTA’s Joe Bates explanation that the cost of taking a

U.S. Business Travel Volume on the Rise

The GBTA Foundation released its latest quarterly U.S. business travel forecast today and trip volume is on the rise. While we lowered our forecast for business travel spending from last quarter because the costs of travel are falling and are now expecting 3.1 percent spending growth to $295.7 billion, we increased the forecast for person-trip volume

Week in Review

Business travel is back, but the perks are not according to a USA Today article. GBTA’s Mike McCormick was interviewed for the article saying the growth in business travel comes back to that overall feeling of corporate confidence and seeing a return from putting business travelers on the road. He added that travelers are packing

Week in Review

It’s no secret that the U.S. dollar is strong right now and USA Today reports this is helping spur overseas business travel. GBTA’s Joe Bates told reporter Nancy Trejos that we’re definitely seeing the impact of a stronger dollar as well as lower commodity prices, especially the lower cost of jet fuel and other goods

Doing Our Part

*This post originally appeared as a ‘letter from Mike’ in Global Business Travel magazine volume three, issue one.* Not too long ago, business travel was largely limited to certain parts of the world. Now, business travelers regularly venture to dozens of countries on six different continents. The past 15 years alone have seen explosive growth

Week in Review

Skift interviewed GBTA’s Mike McCormick this week about the potential hit to the economy if the DHS funding bill doesn’t pass. “It means longer lines, disruption, and a risk of business travelers canceling trips,” McCormick said. Associations Now also weighed in on the potential for dire effects of a Homeland Security shutdown. GBTA often talks

Week in Review

Today GBTA announced its support for a Department of Commerce (DOC) and Department of Homeland Security (DHS) plan to improve inbound air travelers’ experiences. The report DOC and DHS released further underscores the fact that failing to fully fund the Department of Homeland Security could have serious, unintended consequences for business travel, an industry that

Week in Review

The week began with the news outlets abuzz about winter storm Juno that was making its way from the Midwest United States to the Northeast on Monday with the prospects of dumping feet of snow in areas around Boston and NYC. According to USA Today, about 15 percent of the nation’s flights were grounded Tuesday

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