Travel data firm, ForwardKeys, latest air ticketing data reflects a better year for travel retailers and airports as post-covid consumer preferences swing in a more premium direction.
A Bloomberg survey of 45 large companies in the U.S., Europe and Asia shows that 84% plan to spend less on travel post-pandemic.
The ‘road warriors’ will be back, but they will be rarer, forming a more select group, who will be conscious of their status and understand that they are required to prove their value to their stakeholders.
Travel managers will grapple with privacy, policy and ethical concerns as Covid-19 vaccine availability increases.
The Global Business Travel Association (GBTA announced the results of its latest GBTA BTI™ Outlook - Western Europe report, a semi-annual analysis of the five most critical business travel markets in Europe: Germany, the UK, France, Italy and Spain.
Hcareers releases Q2 2013 Hospitality Hiring Report.
Global spending on business travel is forecast to reach $1.12 trillion in 2013, a 5.4% increase from 2012, with travel spend stabilizing after a year rocked by worldwide economic and political uncertainty.
Overall, business travel spending for 2013 is now expected to reach $273.3 billion – an upgrade from last quarter’s forecast of $268.5 billion for the year, according to the GBTA BTI™ Outlook – United States 2013 Q2, a report from the Global Business Travel Association, sponsored by Visa, Inc.
Corporate travel will likely fuel the travel, hospitality and leisure industry in 2012 as many Millennials and Generation X professionals expect to take to the road more often, according to a new Deloitte survey.
Survey results show that virtual meetings are an accepted and firmly ingrained means of communication in corporate culture with about two-thirds (64%) stating that virtual meetings have increased within their company in the last year.