The latest GBTA quarterly forecast suggests that business travel spending, including spending on group travel, should continue to grow through the end of 2013. The main reason cited is a healthier domestic economy — steady job gains and higher consumer confidence.
Group travel spending should rise by 5.3 percent, to $117.1 billion by year’s end, the forecast said. Group travel volume, however, is expected to decline 0.3 percent, or 116 million person-trips. GBTA — the Global Business Travel Association — said continuing corporate restraints on meetings activity is behind the decrease.
Meanwhile, GBTA has announced the keynote speaker for its September conference in Prague, Czech Republic. Didier Marlier — a former associate professor at schools in France and Brazil, a TEDx speaker, managing partner of the Enablers Network and co-author of the book “Engaging Leadership” — plans to take the audience on a journey to effective leadership in times of change.
The theme of the GBTA Europe Conference 2013 is “No Boundaries — Beyond the Process.” The event is Sept. 23-25.