government

Seventeen Reasons To Let The Economic Optimism Begin

Neil Irwin is a senior economics correspondent for The New York Times, where he writes for The Upshot, a site for analysis of politics, economics and more. His March 16 article is republished here with permission as part of our licensing program. We welcome your comments below. The 21st-century economy has been a two-decade series…

Travel Again Gathers 19 Groups To Unify Business Travel’s Voice

The Travel Again initiative is gaining steam as travel industry associations endorse its framework for recovery. Meeting Professionals International in February and the National Limousine Association this month announced support for the framework’s priorities and recommendations. On Tuesday, leaders from Travel Again and 18 other industry groups including GBTA held a roundtable discussion to keep…

More Travel Management Company Consolidation Is Coming And If Past Is Precedent, Most Clients Will Be Fine (Audio)

Travel management company owners who sell their companies in the near future will be fortunate to get half of what they could have earned pre-Covid, according to experts in consolidation speaking last week during a Teleconference call. While the extent to which clients stick around could be a bigger determinant than in the past on…

ARC Notes Positive Booking Trends But Preps For Closures At Up To One In Four Travel Management Company Locations (Audio)

Tickets issued by corporate travel agencies last week were down 85.7 percent year over year. It was a slight improvement on the week before, continuing a modest trend. Speaking last week during a Teleconference call, ARC president and CEO Mike Premo shared his “marketing spin” that corporate travel grew by more than 50 percent during…

Reporter’s Notebook: Communication Breakdowns, Policy Leakage, Virtual Pay, Government (In)action

With no one conducting in-person corporate events, the industry calendar is filled with webinars and other virtual programming. No one can listen to it all. Nor should they want to; many are beset by technical difficulties or stray too far into supplier marketing. But plenty deliver education for travel management pros and enable networking, benchmarking…

GBTA Throws Its Lot In With ASTA, Ground Transport Groups To Seek Relief

The Global Business Travel Association lent its support to the American Society of Travel Advisors as industry groups press Washington for financial aid. Some individual entities also are stepping up. Travel and Transport, for example, reached out to federal representatives from a dozen states to explain the dire state of travel management companies. “A tremendous…

End of content

End of content