Press release
Corporate Travel Market growth analysis in 2019-2025 including top key players like Airbnb, American Express Travel, BCD Travel, Carlson Wagonlit Travel, Flight Centre Travel Group, The Priceline Group
The Corporate Travel Market size is expected to reach $1,657 billion by 2025, registering a CAGR of +4% during the forecast period. Substantial development of the travel & tourism sector has fostered the demand for Corporate Travel.Corporate travel is the function of managing a company's strategic approach to travel (travel policy), the negotiations with all vendors, day-to-day operation of the corporate travel program, traveler safety and security, credit-card management and travel and expenses data. Corporate Travel is a division of regular tourism in which people travel for a business-oriented purpose.
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The Top Key Players included in this Market:
Airbnb Inc., American Express Travel, Expedia Inc., BCD Travel, Carlson Wagonlit Travel, Flight Centre Travel Group, Hogg Robinson Group, The Priceline Group, Fareportal, Inc. (travelong inc.), and Wexas Travel
The Corporate Travel Market is divided into services, industries, travelers and regions. Based on this service, the world market is divided into food, accommodation, transportation, and leisure. Food and accommodation are the highest growth rates due to the increasing availability of affordable hotels and the increasing tendency of online reservations to lower the cost of survival. Corporate Travel is an essential part of the enterprise. The activities of the corporate sector are determined by motivations to maximize profits.
This report examines Corporate Travel Market conditions, global and key regional outlooks, players, countries, product types and the angle of the final industry. This report analyzes top players in the global market, and divides the market by product type and application / end industry. Customer conversations, brand and product advertising, business expansion, employee training and incentives are some of the activities related to the market.
The Corporate Travel Market reporting provides a basic overview of the enterprise, including definitions and classifications. High-level market analysis is provided for international markets, including development trends, competitive landscape analysis and key regional developments.
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The study objectives of this report are:
• Analysis of global Corporate Travel status, future prospects, growth opportunities, key markets and key players.
• Presentation of Corporate Travel development in the US, Europe and China.
• To strategically profile key players and to fully analyze their development plan and strategies.
• Definition, description and forecast of the market by product type, market and key regions.
Corporate Travel Market Key Segments:
By Service
•Transportation
•Food & Lodging
•Recreation Activity
By Industry
•Government
•Corporate
By Traveler
•Group
•Solo
Key questions answered in this report
- What will the market size be in 2026 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Major Factors about the Report:
•Global Corporate Travel Market Overview
•Economic Impact on Market
•Market Competition
•Global Corporate Travel Market Analysis by Application
•Industrial Chain, Sourcing Strategy and Downstream Buyers
•Marketing Strategy Analysis, Distributors/Traders
•Global Market Effect, Factors, Analysis
•Global Market Forecast
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