Press release
Business Travel Market Key Players Insights 2019-2025 | Expedia Inc., American Express Company, Cwt Global B.V., Airbnb Inc., BCD Group, Fareportal Inc., Hogg Robinson Group Plc., The Priceline Group Inc., Flight Centre Travel Group LTD, Wexas LTD
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Major market players in Business Travel Industry are Expedia Inc., American Express Company, Cwt Global B.V., Airbnb Inc., BCD Group, Fareportal Inc., Hogg Robinson Group Plc., The Priceline Group Inc., Flight Centre Travel Group LTD, Wexas LTD, and other 10 more companies Overview is provided in the report. Better global reach at an operational level is the main reason the key players are holding substantial Industry share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.
SWOT Analysis of Business Travel Industry:
Strength:
Growing travel & tourism industry
Increasing disposable income.
Weakness:
High incurred costs
Adoption of technology
Opportunities:
Increase in the globalization of businesses
Threats:
Growing technological advancement
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The segmentation are done on the basis services, by Industry Type, by Traveler and by region. On the basis of services, the Global Business Travel Industry is sub segmented as transportation, food & lodging and recreational activities of which the food & lodging segment is expected to hold the highest CAGR during the forecast period.
Business Travel Industry Segmentation:
By Industry Type
• Government
• Corporate
By Traveler
• Group Travel
• Solo Travel
By Service
• Transportation
• Food & Lodging
• Recreational Activities
By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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