Business Travel News | Business Travel News
Business Travel News is the leading source of information serving the managed business travel and meetings market. BTN provides business travel management professionals in multinational, large, midsize and small corporations with news, analysis, and research to help them better evaluate, select and purchase business travel and meetings for their companies.  www.businesstravelnews.com  
U.S. Travel: Business Travel Spending to Grow, but Slowly
Jan 17, 2024 · Domestic business travel spending for 2024 is projected to reach $236.8 billion, nearly 89 percent of 2019 levels. By 2027, that figure is forecast to be $252.8 billion, 93.8 percent of pre-pandemic spending. U.S international business travel spending also is not projected to fully recover during the timeline of the forecast.
GSA Increases Lodging and Meals Per Diem Allowances for FY2025
Aug 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 ...
Amex GBT Agrees to Acquire CWT - Business Travel News
Mar 25, 2024 · In what would be one of the largest mergers of travel management companies in recent history, American Express Global Business Travel on Monday morning announced it had agreed to acquire rival CWT for $570 million in cash and stock. Should the deal receive the approval of shareholders and regulatory authorities, Amex GBT said it expects the ...
Flight Centre Reports 'Record' Performance with SMEs in FY2024
Aug 28, 2024 · Total transaction value for Flight Centre Travel Group's global corporate business in its 2024 fiscal year increased 10 percent year over year, with small and midsized client wins a big part of its gains, the company reported. Corporate business total transaction value for the fiscal year, which ended June 30, was A$12.1 billion (US$8.2 billion ...
Corporate Travel 100 - Business Travel News
BTN'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 the smallest ones.
BTN's 2022 Corporate Travel Index | Business Travel News
BTN's 2022 Corporate Travel Index reflects the per diem costs of business travel in 200 cities worldwide. Those costs are on the rise—and, strangely, that is good news if corporate travel buyers choose to look at the uplift as a sign of renewed travel industry health since it was eviscerated by two years and multiple waves of the Covid-19 pandemic.
What to Watch 2024 - Business Travel News
There are predictions that New Distribution Capability will precipitate industry consolidation, but also observations about diversity, equity and inclusion—and whether DEI is essential to realizing the true value of travel and meetings. And, yes, there’s …
Hotel Rankings: Northstar Travel’s 10-Tier Classification System
1. Moderate Tourist Class. A budget property with a no frills approach, providing basic accommodations for the traveler at a low-cost. Our 10-tiered hotel ranking system categorizes the different types of hotels and serves as an objective and independent evaluation system with worldwide application for the travel industry.
Latest News - Business Travel News
Singapore to Upgrade Long-Range A350 Cabins. Singapore Airlines plans to invest S$1.1 billion (US$835.5 million) on revamping the cabins on its 41... KEEP READING.