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    Business Travellers to See Higher Prices

      Global travel prices are predicted to continue to increase in the remaining months of 2022 and throughout 2023, according to the 2023 Global Business Travel Forecast, published by CWT, the B2B4E travel management platform, and the Global Business Travel Association (GBTA), the voice of the global business travel industry. Rising fuel prices, labour shortages, and inflationary pressures in raw material costs are the primary drivers of the expected price growth, according to the report, which uses anonymized data generated…

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  • Strength of Premium Passports Eroding

    The latest results from the Henley Passport Index — the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa — show that cross-border travel continues to be significantly obstructed. Although some progress was made between January and March 2021, international mobility has been restored to only 12 per cent of pre-pandemic levels. Japan retains its hold on the number one spot on the Henley Passport Index, said the press release, which is…

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  • Study to Evaluate Events Industry Losses Spurred by Pandemic

    The Events Industry Council (EIC) has launched a new study that will examine the events industry’s impact on the global economy and, for the first time, quantify the cumulative losses experienced in 2020 due to the COVID-19 pandemic. “This study will provide critical data,” says EIC CEO, Amy Calvert. “Understanding those important points will help with advocacy efforts as we navigate towards the recovery.” The high-profile project will cover the full economic impact of events, using 2019 as a watermark,…

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  • MPI Winter 2018 edition of Meetings Outlook Report now available

    Meeting Professionals International (MPI) has published its Meetings Outlook, 2018 Winter Edition. The latest installment of the quarterly report indicates planners are reporting an increased focus on personalizing the user experience through technology and data collection in a landscape of continued growth—and an increase in the perceived value of face-to-face meetings. Key findings include the following: Despite slightly more people expressing pessimism about meetings and events one year after the U.S. presidential election, the overall statistical finding of respondents’ professional…

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  • MPI’s Fall 2017 edition of Meetings Outlook Report now available

    Meeting Professionals International (MPI) has published its Meetings Outlook, 2017 Fall Edition. The latest installment of the quarterly report notes regular headline reminders of event safety and security combined with a forecast for a continued healthy market, making now the perfect time for meeting and event professionals to shore up contingency plans. Key findings include the following: 43 per cent of industry professional report an increase in contentious or conflict-oriented conversations or personal challenges during meetings. Of safety and security-related…

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  • Business travel responsible for $547 billion in U.S. GDP in 2016, creates over 7.4 million jobs

    U.S. business travel spending reached $424 billion in 2016 A new report issued at GBTA Convention 2017 by the GBTA Foundation, the education and research arm of the Global Business Travel Association, in partnership with American Express Global Business Travel (GBT), highlights the positive economic impact business travel has on the nation’s economy. The study, titled ‘The U.S. Business Travel Economic Impact Report,’ reveals business travel was responsible for about three per cent ($547 billion) of U.S. GDP in 2016.…

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  • Canadian tourism gaining altitude with addition of new direct flights

    As Canadian and foreign airlines expand their fleets and add direct connections to many destinations across the country, overnight visits are expected to increase by 3.7 per cent this year, according to The Conference Board of Canada’s latest Travel Markets Outlook reports. “Last year, the low Canadian dollar and energy prices fueled travel to and within Canada. These factors will continue to benefit tourism growth in 2017. In addition, we expect that new direct flights and Canada’s reputation as a safe travel destination will drive the increased…

    Breaking News, Corporate Travel & Incentives, Meeting Community, Travel Tips & News

  • MPI Winter 2017 Meetings Outlook Report now available

    Meeting Professionals International (MPI) has published its Meetings Outlook, 2017 Winter Edition. The latest installment of the quarterly report projects continued, but slightly slowing, growth endures, with some indications that the market isn’t strictly a seller’s or buyer’s market. A level of equilibrium is bring realized in the industry. Key findings include the following: Most respondents (68.2%) are optimistic or expect no negative change as a result of the U.S. presidential election. Half of planner respondents for international association and…

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  • Certify releases annual report on business travel spending trends for 2016

    Data highlights top trends in corporate travel from the past year including ride-hailing’s takeover in ground transportation, the most popular brands and T&E expense spending benchmarks Certify, an automated travel and expense management software provider, has announced the results of its fourth annual SpendSmart™ report detailing the latest business travel and corporate T&E spending trends from the fourth quarter and throughout 2016. By far, the biggest story of the year was Uber and the rise of ride-hailing services among business travellers.…

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  • New research presents insights in global behaviour of exhibition visitors

    UFI – the Global Association of the Exhibition Industry has partnered with event research specialists Explori to release a thought-provoking report that focuses on visitors of exhibitions around the globe. This report was jointly researched and written and is supported by SISO; The Society of Independent Show Organizers (USA). The comprehensive analysis is based on Explori’s global database, consolidating visitor surveys from a sample of 920 events worldwide. It delivers key findings related to the visitor’s behaviour, the levels of…

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