Posted in Risk Service Suppliers

Reporter’s Notebook: Announcements Timed With GBTA Convention Address Recovery, Risk, Service

The Global Business Travel Association on Wednesday welcomed back its Media Day event at the start of the annual convention. More series of presentations than…

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Posted in Suppliers

CWT Sees November Bankruptcy Exit, Projects Return To Positive Cash Flow In 2024

CWT parent Carlson Travel Inc. is anticipating a return to positive cash flow in 2024 when the travel management company is back to 70 percent…

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Posted in Policy Productivity

Sizing Up Predictions: It’s Not Dead, But Business Travel’s Long-Term Place In Commerce Could Diminish

Recent coverage in mainstream publications gave the casual observer the impression that business travel might be dead. Here’s a sub-headline in Fortune this month: “The…

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Posted in Risk Suppliers

Credit Rating Agencies Highlight Uncertainty, Forecast Travel Revenues Next Year To Trail 2019 Mark

Analysts at Fitch Ratings expect business travel volumes to return to pre-pandemic levels around 2023 or 2024 following a “moderate recovery in travel demand beginning…

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Posted in Negotiating

Morgan Stanley: Corporate Travel Prospects Weaken

New research by Morgan Stanley analysts suggested the prolonged period of strong corporate travel demand may hit speed bumps this year. After surveying 203 corporate…

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Posted in Productivity Reporting

Op Ed: Scott Gillespie On Predicting The Value In Travel

Today’s advisor is industry veteran Scott Gillespie, managing director of tClara. Scott’s guidepost tackles what travel program managers should try to predict — and what…

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Posted in Negotiating

2016 Price Forecast: Flat Airfares And More Hotel Hikes

[UPDATE, Nov. 24: Forecast data from American Express Global Business Travel is included.] [UPDATE, Oct. 1: Information from NYU’s outlook on expected hotel rate increases…

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