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Performance

European Business Travel Spending to Hit $391.1 Billion USD (360.4 Billion euros) in 2024, Reflecting Strong Growth Amid Economic Challenges

European business travel spending is projected to reach $391.1 billion USD (360.4 billion euros) in 2024, reflecting a 10.4% increase from 2023. Additionally for this year, Europe is estimated to account for 26.4% of total global business travel spe...

Global Business Travel Association (GBTA)
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Business Travel
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Markets & Performance
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European Business Travel Spending to Hit $391.1 Billion USD (360.4 Billion euros) in 2024, Reflecting Strong Growth Amid Economic Challenges 5 November 2024GBTABusiness Travel
European Business Travel Spending to Hit $391.1 Billion USD (360.4 Billion euros) in 2024, Reflecting Strong Growth Amid Economic Challenges
First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets
Performance

First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets

The GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA), today unveiled findings from its Sustainability Acceleration Challenge, an industry-first global benchmarking initiative to evaluate the current state of busin...

Global Business Travel Association (GBTA)
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Environment & Sustainability
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Business Travel
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Markets & Performance
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First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets 4 November 2024GBTAEnvironment & Sustainability
First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets
Performance

Latin America Hotel Construction Surges, Pipeline Expands over 10% Annually

Lodging Econometrics’ (LE) Q3 2024 Latin America Construction Pipeline Trend report signals growth for the region’s hospitality industry. The pipeline currently stands at 642 projects and 104,513 rooms, representing robust year-over-year (YoY) incre...

Lodging Econometrics
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Real Estate & Investment
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Markets & Performance
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Supply Construction
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Latin America Hotel Construction Surges, Pipeline Expands over 10% Annually 1 November 2024Lodging EconometricsReal Estate & Investment
Latin America Hotel Construction Surges, Pipeline Expands over 10% Annually
Performance

Cultural Curiosity, Personal Safety and Multidestination Journeys Top Priorities for American and Canadian Travelers in New Survey

Just days before a national election with global implications, North Americans are weighing in on another increasingly complex topic – traveling abroad. International marketing firm MMGY, in partnership with the United States Tour Operators Associat...

MMGY Global
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Consumer Trends
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Markets & Performance
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Cultural Curiosity, Personal Safety and Multidestination Journeys Top Priorities for American and Canadian Travelers in New Survey31 October 2024MMGY GlobalConsumer Trends
Cultural Curiosity, Personal Safety and Multidestination Journeys Top Priorities for American and Canadian Travelers in New Survey