Amex GBT sees record Q2 earnings amid 'strong' SME growth - After a remarkable performance in the second quarter, the TMC has revised its annual forecast to reflect a 22% year-on-year surge.

Aug 14, 2023 • Travel

Business travel recovery stalls as companies seek to cut costs and emissions - For now, leisure travel is making up for the decline in business customers, but some question how long this trend will last.

Aug 14, 2023 • Travel

Business travel prices seen climbing to new normal - Relentless post-pandemic competition for airline seats, hotel rooms and hire cars drives up prices even higher this year and in 2024.

Aug 14, 2023 • Travel

The business travel industry is at a tipping point - 90% of travel decision makers agree that today's growing hybrid/remote workforce will significantly increase the amount of business travel.

Aug 11, 2023 • Travel

Global business travel costs expected to remain high through 2024 - However, prices seem to be levelling off with much milder increases projected over the next 12 to 18 months, according to a new CWT/GBTA forecast.

Aug 11, 2023 • Travel

Hotels hold pricing power in corporate negotiations - New research from the Global Business Travel Association shows hoteliers currently hold more power in negotiations than buyers.

Aug 9, 2023 • Travel

Corporate travel recovery keeps getting pushed back - The reasons are varied, but stacked together they form a wall of obstacles airlines and hotels haven’t been able to scale.

Aug 8, 2023 • Travel

Marriott Q2 corporate demand 'slow but steady' - Business transient recovery progressing at a slow yet steady pace, thanks to strong demand from SMEs and group bookings.

Aug 2, 2023 • Travel