Tag: Business Travel
GBTA boosts sustainable business travel
The Global Business Travel Association (GBTA) Foundation has introduced an educational resource to aid corporate travel buyers worldwide in making procurement decisions that are...
Biz travel market to reach US $2.1 tn by ’31: AMR
The business travel market size is estimated to reach $2.1 trillion by 2031, AMR has revealed. It said in a report, “The growing popularity...
Hilton launches program for enhanced biz travel experience
Hilton has launched Hilton for Business programme to enhance the business travel booking and management experience and provide Hilton Honors benefits to business customers...
Business travel revival expected by 2024: TCEB
The Thailand Convention and Exhibition Bureau (TCEB) anticipates the revival of the business travel sector by 2024 with an estimated 23.2 million travellers. The...
IHG’s global business travel revenue surges
IHG Hotels & Resorts has witnessed a 6 per cent year-on-year increase in revenue from global business travel, surpassing the figures from the third...
AI transforming business travel landscape: Amex
American Express’ Amex Trendex report has indicated that 70 per cent of companies are utilising traditional AI and new technology for managing business travel...
Wego expands reach with Travelstop acquisition
Wego has bought Travelstop. Wego’s reach into business travel and expenditure management will be increased by this strategic initiative. To spur expansion and provide...
Global business travel costs projected to climb
According to 2024 Global Business Travel Forecast report, the costs of global business travel and events are projected to rise further from the latter...
Business travel spending is down just 24% from 2019 and is...
Accor’s recent global business travel survey indicated 2023 year-end travel spend will be down 24 per cent vs 2019, however, 57 per cent of...
Business travel market to reach $2095 bn by 2031: AMR
The business travel market is predicted to reach $2095.4 billion by 2031, rising at a CAGR of 9.5 per cent from 2022 to 2031,...