Compensation for travel buyers up 5.5 per cent year-over-year

Average compensation for U.S. travel buyers saw a 5.5 per cent year-over-year increase in 2017, reaching an average of $107,000, according to new findings. Median salaries are also up, increasing 7.5 per cent to $98,000. The GBTA Foundation’s 2017 Compensation … Continue reading

Top five travel management company questions asked and answered

In 2016, organizations invested significantly in business travel, with global business travel spend approaching $1.3 trillion. However, as companies increasingly invest in business travel, they must equally invest in a managed travel program that balances employee needs with corporate goals. … Continue reading

Global business travel poised for strong advance but uncertainty lingers in the United States

Global business travel spend approached US$1.3 trillion in 2016 Global business travel spend approached US$1.3 trillion in 2016, advancing only 3.5 per cent over 2015 levels, according to the GBTA BTI Outlook – Annual Global Report & Forecast, a new … Continue reading

Strength in global economy means higher travel pricing in 2018

Air, hotel and ground transportation all see upticks on back of rising inflation, higher oil prices and emerging markets According to the 2018 Global Travel Forecast, travel prices are expected to rise sharply in the coming year, reaching nearly 4 … Continue reading

Business travel responsible for $547 billion in U.S. GDP in 2016, creates over 7.4 million jobs

U.S. business travel spending reached $424 billion in 2016 A new report issued at GBTA Convention 2017 by the GBTA Foundation, the education and research arm of the Global Business Travel Association, in partnership with American Express Global Business Travel … Continue reading

Concur empowers businesses to protect travellers with Concur Locate and Active Monitoring

Concur announces availability of new solutions at GBTA Convention 2017 Concur has announced the availability of Concur Locate and Active Monitoring, empowering businesses to find, inform, and communicate vital information with employees in just minutes during times of crisis and … Continue reading

Mixing work and play: New study profiles the bleisure traveller

Overwhelming majority of bleisure travellers stay at same lodging for business and leisure portions of trip In the past year, over one-third (37 per cent) of North American business travellers extended a work trip for leisure, according to a new … Continue reading

Are corporate travel programs getting the hotel rates they negotiate?

By Kate Vasiloff, GBTA Foundation The GBTA Foundation, the education arm of the Global Business Travel Association, in partnership with HRS Global Hotel Solutions, conducted a global survey to assess if and how travel managers audit their hotel rates as … Continue reading

Opportunity exists for travel management professionals to consider sustainable practices when contracting with suppliers

Over half of North American companies have corporate sustainability programs in place Only one in six travel management professionals (16 per cent) currently incentivize their business travellers to stay in hotels with sustainable practices, according to a new study released … Continue reading