GBTA GTP study materials
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GBTA GTP cheat sheet

GBTA GTP · Keep the key ideas within reach.

Quick reference

Business Travel Industry Knowledge and Management

  • Managed travel program components: travel policy, duty of care, supplier sourcing and negotiation, booking and expense technology, payment and reconciliation, traveler risk management, sustainability reporting, and program performance measurement.

  • Total cost of ownership (TCO) compares airfare against ancillary costs such as baggage, seat selection, change fees, and ground transfer; a lower fare with higher ancillaries can raise TCO above a bundled higher fare.

  • Airline distribution channels differ in content and cost: direct airline channels, GDS (global distribution system), NDC (New Distribution Capability) APIs, and online travel agencies; NDC content may bypass traditional GDS fare filing and change servicing workflows.

  • Hotel program levers: negotiated corporate rate (static or dynamic), last-room availability (LRA) clauses, chain-wide discounts, preferred-property lists, and compliance tracking against booked rate codes.

  • Travel management company (TMC) pricing models: transaction fee per booking, management fee, online versus offline booking differential, and gain-share or cost-savings sharing arrangements.

  • Duty of care requires traveler tracking, pre-trip approval for high-risk itineraries, a 24/7 assistance channel, and documented escalation and communication protocols during disruption.

  • Payment instruments differ in data and float: corporate card (individual liability or corporate liability), lodge/ghost card for non-cardholders, central billed accounts, and virtual cards generated per booking.

  • Key performance indicators include policy compliance rate, advance booking days, average ticket price, online adoption rate, cost per transaction, and unused ticket recovery.