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WTTC cites analysis by Oxford Economics estimating that business travel supported around a quarter of the growth in international trade within the Asia-Pacific region in the heady decade between 2003 and 2013.

TOURISM IS THE QUIET HERO OF TRADE

International travelers drop big bucks in the United States International travelers check in to their accommodations, they ride local transportation, they sightsee, they eat, and they shop. All that wonderful cross-border spending counts as an export in international trade. Although the United States doesn’t hold the top spot in global tourism (France was most visited in 2018), its popularity still drives some 80 million … Read More

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In The News

U.S. Issues Second Round of Chemical Weapons Sanctions Against Russia

On August 2, 2019, the Trump Administration imposed a second round of sanctions on Russia in response to Russia’s 2018… Read More

Long-Awaited Brazilian Pension Reform Reopens Doors for US Investors Ahead of US Secretary Wilbur Ross’s Trip to Brazil

Nearly two weeks ago, Brazil’s House of Representatives approved, in a first round of voting, a long-debated reform of the… Read More

Features

Watch for global banking leaders to continue to emerge from unlikely places and for the industry to become much more diversified. This will be a win-win for customers worldwide.
Peter Frerichs 8:50 PM  6/21/2019

Top 5 Leading Global Banks

A cursory search of “top global banks” will yield a list, typically according to size and assets, of a familiar set of names. While many of these same names are mentioned in this piece, understanding why a bank is considered a top global bank is much more nuanced than how big they are or how much they’ve netted. Leading global banks are recognized as leading by their peers because they perform exceptionally well in one of more categories. No bank has a monopoly over … Read More

What follows is a rundown of each of our target California cities, with the nightly rates being what was quoted on Dec. 10, 2018.
Matt Coker 6:43 PM  6/12/2019

EXECUTIVE DESTINATION: CALIFORNIA

California is a big state, one of the biggest, actually, with its 163,696 square miles making it the third largest in the United States in terms of area and its 39.5 million residents making it the most populous in America. When it comes to travel to or within the Golden State on business, there is no single destination that is a central location to the hubs of industry, unless that industry is agriculture, in which case just about anywhere in the … Read More

NO KIDS ZONE: The 1903 Lounge, Terminal 3 at Manchester Airport is an “adults only” lounge. Credit: Manchester Airport
Peter Frerichs 12:31 AM  4/12/2019

LOUNGES ARE IN THE CARDS: BEST AIRPORT BUSINESS CLUBS (AND ASSOCIATED CREDIT CARDS)

Business takes us to people and places that were previously unimaginable. Perhaps some were imaginable–trips to London, New York, Tokyo or Berlin. But Dubai, Sydney, Kuala Lumper or Lima? As a business traveler, the world is your client and airports do a fabulous job not only facilitating your comings and goings, but also offering premier options to relax, eat, work or a combination of all three. Airport business lounges have rapidly evolved over the years. Initially offering simply a seat with … Read More

Global Logistics

“We look forward to working with UAL in providing them, along with their ultimate customers, with the best customer experience possible here at Port Houston.”

Port Houston’s City Docks have been officially selected by Universal Africa Lines (UAL) as part of their U.S. Gulf/Mexico to West Africa liner service following the success of the first vessel call of MV MarMalaita last week. Port of Houston was specifically selected because of the availability for project cargoes and berths, adding flexibility to the ocean carrier’s multipurpose fleet. “Port … Read More

Site Selection

"We’re excited to have found a real estate network that shares the same passion for the business that my family has had for generations."

Americana Holdings Announces Major Real Estate Acquisition

GT Staff 11:58 PM  7/5/2019

Berkshire Hathaway HomeServices real estate franchise, Americana Holdings, announced the acquisition of Tarbell, Realtors® this week. Tarbell is known for the operation of 20 Southern California-based offices. Family-owned Tarbell boasted $1.1 billion in sales for 2018. “Culture is everything,” he said. “To find a company with the same thought process and has treated their people in such a positive and … Read More

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“If the ROE is high and consistent, we know the firm has the capacity to create value because it is already doing so.”

Is It Time To Play Defense with Your Investment Portfolio?

Dr. Joseph Belmonte 11:40 PM  8/14/2019

The bull market has been charging ahead for more than a decade now, but financial professionals are starting to wonder whether the good times are about to come crashing down on the American public’s prosperous portfolios. That means it could be time to become a bit more defensive with your investments, says Dr. Joseph Belmonte, an investment strategist and author of Buffett … Read More

Education

How are students being prepared to enter the workforce and more importantly, which business schools are integrating talent acquisition and recruiting strategies within these focused programs?
Haylle Sok 10:03 PM  6/19/2019

Beyond the Books: 5 Business Schools Preparing Students for Career Success

It’s no secret logistics and supply chain management-focused education is gaining traction each year among students. In fact, Data USA reports that in 2016, nearly 7,669 degrees were awarded in Logistics, Materials and Supply Chain Management. The report, which projects that number will be growing by 15.2 percent, also confirmed that a whopping 10.9 million people make up the current workforce and will continue growing by 3.53 percent. Earning a robust education is essential, but a bigger question remains on … Read More

Texas offers an experience that separates itself from neighboring southern states.
Haylle Sok 10:07 PM  6/2/2019

EXECUTIVE GETAWAYS: LONE STAR STATE OF MIND

If the Lone Star State is in your future travel plans, prepare for an experience with culture, food and sights substantially different from the rest. Of course, depending on the time of the year, you might want to bring an extra jacket and prepare for triple-digit temperatures within the same week, but the state of Texas offers an experience that separates itself from neighboring southern states. It holds true that everything is bigger in Texas–from the chicken fried steak to … Read More

Keynote and guest speakers from leading retail and ecommerce company's such as Walmart, Groupon, Unilever, Amazon Business, Express and more.
GT Staff 11:10 PM  5/9/2019

IRCE @ RetailX: Ecommerce and Beyond

The International Retailer Conference and Exhibition features a staggering 130 sessions on a range of topics and trends in ecommerce and more, created by the editorial team at Internet Retailer Magazine. Taking place at McCormick Place South in Chicago, retailers will gather at the event known as the “one stop shop” for e-retailers and all their ecommerce needs. Keynote and guest speakers from leading retail and ecommerce company’s such as Walmart, Groupon, Unilever, Amazon Business, Express and Airbnb will address … Read More

Software