The Global Business Travel Association (GBTA) will focus on three major conferences in India in 2018 to bring more education to the market, because the needs of the market grow along with its size
Michael W. McCormick, Executive Director & COO, Global Business Travel Association (GBTA), was in Mumbai recently to share his perspective about how the India market (and the Asia Pacific region) for business travel is playing out against the background of the global marketplace. “The big headline though is that India is the fastest-growing business travel market among all the major markets. It moved into the top 10 in size and at the current growth rate it will reach number eight in the world within a few years,” he says.
This is big news, not just for Indian corporate companies but also for service providers who assist their travels. The market dynamics are changing, McCormick says, with China surpassing the US last year and becoming the world’s largest business travel market.
“The world order is changing where growth is tied directly to jobs and the economy. Business travel drives business growth. The growth in India has been phenomenal. The only country where the growth is similar in size and type is China,” he adds.
This story is from the December 2017 edition of MICE Talk.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 2017 edition of MICE Talk.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MICE ushering THE TECH WAY
Ashwani Goela, General Manager, Crowne Plaza Jaipur Tonk Road, highlights on the MICE incentives its hotel has in offering.
Infrastructure on ICPB radar
In tourism, one of the main challenges is said to be lack of infrastructure, this is true for MICE. At the 9 th Conventions India Conclave (CIC), the first session deliberated on ‘Infrastructure-The Big Picture’.
Business Connections to Take Off
Air Canada is looking at boosting the business as well as leisure traffic travelling between the two countries, says Duncan Bureau, VP, Global Sales, Air Canada.
MEET(ing) me half-way
At the Emirates First Class Lounges at Dubai Airport one can just disembark from the plane, freshen up and head straight for that important meeting.
preferred by billions
in spite of facing competition from otas and accommodation aggregators, arpit pant, regional director, south asia & middle east, preferred hotels and resorts, is optimistic about the market.
it's only business with one & only
ivy kwan, vice president, sales and marketing, asia pacific, one&only resort, talks about the kind of luxury their different properties offer for mice.
Shoppers' Stop
Singapore offers distinctive experiences through its lively entertainment and retail offerings, against a kaleidoscope of cultures, acclaimed museums and theatre productions
For A Digi-Smart Business Traveller
FCM Travel Solutions, and KPMG recently released industry’s first insights on disrupting technologies in the travel industry via an analytical whitepaper titled ‘The Digi-Smart Indian Business Traveller’. Rakshit Desai, MD, FCM Travel Solutions, tells us more.
A Perfect MICE Getaway
Alpa Jani, Acting Hub-Head MEISEA, South African Tourism, elaborates on the suitable MICE incentives South Africa as a destination offers to Indian MICE groups
Of Hybrid Weddings & Experiential Moments
To stay relevant in the wedding space one needs to evolve, says Mahesh Shirodkar, MD, Tamarind Global
