U.S. Travel: Business Travel Spending to Grow, but Slowly
WEBJan 17, 2024 · U.S. Travel forecasts $28.7 billion in U.S. international spending in 2024, about 78.8 percent of 2019 levels. By 2027, such spending is expected to reach $29.8 billion, still lagging recovery at about 82 percent of pre-pandemic levels. The report comes about a week after U.S. Travel released findings that show the United States ranks 17th …
GSA Increases Lodging and Meals Per Diem Allowances for FY2025
WEBAug 16, 2024 · The GSA’s standard lodging rate for the 2025 fiscal year, which begins Oct. 1 and runs through Sept. 30, 2025, is $110, up $3 from the current rate of $107. That is a smaller increase than last year’s $9 increase in the standard lodging allowance for the current fiscal year from the 2023 fiscal year. The rate, which applies to federal ...
BTN's 2024 Corporate Travel Index | Business Travel News
WEBBusiness Travel Per Diems for 200 Global Cities. BTN’s 2024 Corporate Travel Index is the business travel industry's definitive resource for business travel costs in 200 cities around the world. Use it to benchmark your current program or to offer insights into rate trends in the markets you care about most.
Corporate Travel 100 - Business Travel News
WEBBTN's 2021 Corporate Travel 100 Ranked: Total business travel spend for the largest 100 corporate travel programs measured by U.S.-booked travel volume rose again in 2019. U.S.-originating travel as estimated by BTN for these programs hit $11.8 billion, its highest point ever. Yet, the spend spread widened between the biggest programs on the list and …
Sabre Sees NDC Booking Growth, but Personalization Promise Still …
WEBSep 9, 2024 · What’s holding up the personalization side of NDC How Sabre’s tapping Google’s AI muscles ‘Consistent’ corporate travel growth since November Over the past year, Sabre has had a flurry of announcements on new carriers and partners for New Distribution Capability content. Has that ...
Southwest's Promised Changes Are Afoot, But Will They Be Enough?
WEBSep 26, 2024 · Southwest in a slide showed that no seats on its Boeing 737-8 and 737-800 aircraft would be lost with the cabin changes, with 68 of the 175 seats offering extended legroom. The Boeing 737-7 aircraft would lose two seats and have 48 of 148 seats with extended legroom, while the Boeing 737-700 would lose six seats and offer 40 of 137 …
'AI Agent' SkyLink Wins BTN's 2024 Innovation Faceoff
WEBOct 2, 2024 · Judges named AI-powered corporate travel assistant SkyLink the winner of The BTN Group's Innovation Faceoff at its 2024 Innovate conference in New York this week. SkyLink, which can help corporate travelers book travel and manage disruptions within enterprise chat channels, earned the top score from judges among 13 competitors …
Report: 2023 Ancillary Airline Revenue 'Surges' Over '19 Levels
WEBSep 25, 2024 · Report: 2023 Ancillary Airline Revenue 'Surges' Over '19 Levels. The airlines with the most ancillary revenue in 2023 collected $54.1 billion, which "is far in excess" of the $38.4 billion result for the top 10 carriers for 2019, according to a new IdeaWorksCompany report, released Tuesday. The company used financial statements, …
Flight Centre: Positive Business Travel Snapshot for Fiscal 2025
WEBSep 12, 2024 · Flight Centre Travel Group in its first forecast of upcoming business travel spend surveyed its client base from business travel brands FCM and Corporate Traveler to gauge the trajectory of business travel volume for its fiscal year 2025, which began in July. Among 562 clients in major global markets, 40 percent said they plan to increase their ...
CWT: Don't Count on Travel Savings in 2025
WEBSep 19, 2024 · CWT projects average daily hotel rates in North America will rise to $184 in 2024 and to $187 in 2025. This represents year-over-year growth rates of 2.8 percent and 2.2 percent respectively. This will be uneven with upscale properties facing less downward pressure than the midscale and economy tiers. Meetings and group travel will continue …