Exciting news from GBTA St. Louis! – MEET (Meetings | Events
Amy Yount The GBTA St. Louis Board of Directors continues to collaborate strategically and leverage their collective expertise to position the chapter as a leader in the tourism industry. Here are some recent highlights: GBTA Conference 2024 A dynamic group of St. Louis GBTA members attended the 2024 GBTA Convention at the Georgia World Congress Center in Atlanta, Georgia. The conference is packed with educational sessions, networking opportunities and key events highlighting the latest trends and innovations in business travel. It was an extraordinary experience for everyone who attended! May General Meeting The magnificent Hilton St. Louis Frontenac hosted the event and provided excellent service. An interactive panel of experts discussed the changing travel landscape, with a focus on building strong partnerships between buyers and suppliers to drive innovation, efficiency and sustainability. education day The event, held at the beautiful 21C Museum Hotel in St. Louis, provided a full day of industry-focused content. Attendees discussed how the NDC is transforming…
Cost per attendee
Costs per attendee are expected to rise next year even as growth in aviation and hotels begins to stabilize, according to a new GBTA report. The cost per person to host a meeting or event actually fell by 3% last year, is expected to increase by 4.3% this year, and is expected to increase by another 4.5% in 2025. The average daily cost per attendee will grow from $162 this year to $169 in 2025, according to the recently released 2025 Global Business Travel Forecast from business travel and meetings company CWT and the Global Business Travel Association (GBTA). Despite rising food and hotel room costs, cost per attendee will increase from 2022 to 2023 as meeting and event organizers shift to holding smaller, more business-focused meetings at more affordable venues and destinations Year-on-year decline. Through 2024 and looking forward to 2025, these costs are expected to rise as the business travel industry continues to recover, increased demand for larger…
GBTA releases SMM Wheel update
GBTA has updated its handy SMM Wheel to better cover how strategic meetings management programs are evolving to meet today’s needs. The Global Business Travel Association (GBTA) has updated its Strategic Meetings Management (SMM) Wheel to better reflect how companies manage meeting processes, spend, volume, standards, suppliers and data across the enterprise to ensure they achieve measurable business goals that align with the organization’s overall strategic objectives. GBTA’s SMM Wheel has gone through several iterations since it was first introduced in 2003, with the most recent update coming about eight years ago. “As the SMM category itself and the content that drives the Wheel matured and evolved, especially in the wake of COVID-19, the GBTA Meetings & Events Committee wanted to update it to better reflect the different ways strategic meetings management programs are managed today,” said Henrietta Balint, GBTA European Committee Member. “We also wanted to give it a new aesthetic, a new look and feel.” As with the…
Business travel embraces technology
According to the Global Business Association (British Tourist Association), the world The leading business travel and meetings trade organizationand by Kevinan industry-leading provider of conference, event and hospitality technology. According to a survey of business travel professionals in North America and Europe, The report shows that while 88% of surveyed travel management companies (TMCs), 74% of suppliers and 59% of travel buyers generally believe their organizations are doing a good job with technology, there is a huge opportunity in actively incorporating advanced technologies such as artificial intelligence (AI) and blockchain into their travel programs. Additionally, while travel spending on technology is expected to remain largely flat, the majority of suppliers and TMC professionals say their companies will increase their technology investments in the coming year. However, accommodation suppliers are far less likely to do so than other supplier types. The report highlights the need for all travel industry professionals to better understand and adopt advanced technologies in order to remain…
Explore the latest exhibition information and industry trends at ASAP Expo Magazine. Your one-stop platform, bringing together global exhibition highlights, industry trends and in-depth analysis, to help companies accurately connect with the market and seize business opportunities.
