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The latest signals suggest that business travelers are getting back on the road in significant numbers, although a full recovery keeps getting postponed. ....
TripActions adds carbon budgeting and real-time analytics | Business Travel News Europe businesstravelnewseurope.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstravelnewseurope.com Daily Mail and Mail on Sunday newspapers.
Financial impact of global travel decline expected to be 10x the Great Recession and 9/11 Alexandria, Virginia (February 2, 2021) – The Global Business Travel Association (GBTA) – the world’s largest business travel association – released its annual BTI™ Outlook, a detailed analysis of business travel in 2020, with projections for 2021 and beyond. The BTI Outlook, now in its 12 th year, is an exhaustive study of business travel spending and growth covering 75 countries across 48 industries.
The true global financial impact of COVID-19 began in Q2 2020, resulting in an expected 68% decline (to $738 billion USD) from April 1, 2020 to the end of the year. Because of the relatively strong (pre-COVID) first quarter of 2020, global spending on business travel is expected to show a 52% decrease for all of 2020 (to $694 billion USD), down from $1.4 trillion USD in 2019. ....
GBTA: Newly Passed Congressional COVID-19 Relief Funding A Key Step In Saving Travel Jobs, Restoring Worldwide Travel pressreleasepoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressreleasepoint.com Daily Mail and Mail on Sunday newspapers.
GBTA Calls for a Coordinated Approach to Restore Safe Travels pressreleasepoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressreleasepoint.com Daily Mail and Mail on Sunday newspapers.