Global travel pricing to slow in 2020; flights to rise 1.2%, hotels 1.3% – CWT forecast

After posting sharp rises in 2019, prices in the global travel industry are likely to slow in 2020, with flights rising a modest 1.2%, hotels rising only 1.3%, and rental car rates up 1%, according to the sixth annual Global Travel Forecast, published today by travel management platform CWT and the Global Business Travel Association (GBTA).

German Convention Bureau launches ‘Future Meeting Space’

The German Convention Bureau has launched the third phase of its Future Meetings Space research project, which will explore the value of meetings and events in a changing business environment.

Global hotel rates predicted to rise in Hotel Monitor 2020 report

American Express Global Business Travel (Amex GBT) has published its Hotel Monitor 2020 report, predicting ‘modest’ rises in hotel prices next year.

Half of business travellers report ‘mishaps’

More than half of business travellers have experienced a mishap while on the road for work in the last year, says GBTA research.

Sustainability a top priority in ‘Meeting Room of the Future’ report

Ethical operations, experiences, food waste and cyber security were among key topics in the report.

Event apps are struggling to measure ROI, says new research

A new research study has found that engaging attendees is the top reason 81% of organisations are using event apps, but difficulties in measuring ROI, low adoption rates and the complexity of launching apps are still limiting efforts. The study by Eventsforce also found that despite a 50-75% attendee adoption rate for most event apps, 67% of organisers don’t see any value in using apps once the ev...

Over half of travellers prefer missed flight over lost luggage

New research by travel management platform CWT shows that a majority of business travellers would prefer to miss their flight rather than be separated from their luggage – with travellers from the Americas showing the strongest preference at 54%, European travellers at 52%, and travellers from Asia Pacific split down the middle. Two-thirds of business travellers prefer window seats over aisle seat...

New Events Industry Board survey to help identify EU funding infrastructure

The UK Events Industry Board’s (EIB) Working Group for Infrastructure has launched a survey to help collate the value of EU grants, funding infrastructure and service-related projects that have benefited business events across the UK. Since Britain joined the European Union in 1973, the European Investment Bank has lent €118bn to help fund UK infrastructure projects. The EIB subgroup is keen to un...

Corporate travel budgets expected to rise, says new Cvent research

Seven in ten European corporate travel decision makers (CTDMs) anticipate their travel budget will increase in 2019, with 16 percent saying they expect their budget to significantly increase, according to a recent study by Cvent entitled “The European Travel Manager in 2019.” 25 percent of CTDMs said their budget would remain unchanged, while only 6 percent foresee a year-over-year decline. German...

GL events UK releases ‘Good Event Guide’

GL events UK has launched ‘Good Event Guide’, offering organisers tips on how to improve their event. The guide emphasises the importance of sustainability, CSR and health & wellbeing in the industry today. It can be viewed here. Contributors include We are the Fair’s Nick Morgan, The Bulb’s Selina Donald, and A Greener Festival’s Claire O’Neill. They discuss tips for improving sustainability,...

UK Tourism industry confident despite Brexit, says UKinbound research

UKinbound has released its latest Business Barometer Figures, which show confidence levels across the tourism industry are on the rise. The research, which was collected by Qa Research, found that 59% of UKinbound members stated they were confident about business in the upcoming 12 months. This was the highest rate recorded since October 2017. The increase in confidence was influenced by an influx...

German Convention Bureau releases ‘Future Meetings Space’ research

The German Convention Bureau (GCB) presented the results of the second phase of its ‘Future Meetings Space’ research project recently, at the 2019 PCMA Convening Leaders conference. The research provides insights into attendee types and success factors, as well as recommendations for action. The core question in the report was ‘How to create successful events’. The answer, in a nutshell: to satisf...

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