Business Travel Market Global Briefing and Future Outlook 2017 to 2023 | Airbnb, American Express Travel, Expedia., BCD Travel, Carlson Wagonlit Travel, Flight Centre Travel Group
The global business travel market generated revenue of $1,266 billion in 2016, and is expected to grow at a CAGR of 4.1% to reach $1,657 billion by 2023.
Business travel is a division of regular tourism in which people travel for a business-oriented purpose. It includes transportation, accommodation, business work, entertainment, and other activities. Global travel & tourism industry is one of the largest industries with global economic contribution of more than $7000 billion. The business travel segment shows the highest growth rate in this industry, as employees working in multinational organizations are often required to travel across various countries for business purposes. In business tourism, destinations are commercial places, which are well-developed and suited for trade work.
Get Sample Copy Of this report: https://www.reportsweb.com/inquiry&RW00012659190/sample
Companies Profiled in this report includes: 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.
Numerous companies in this field are trying to provide well-managed and cost-effective programs to the customers with the rise in demand for business travel management. The growth of the global business travel market is driven by the expansion of the travel & tourism industry, surge in government initiatives for the development of MICE (meetings, incentives, conferences, and events) segment & SME sector, and increase in globalization of business. However, surge in adoption of advanced technology such as video conferencing hampers the market growth, as it is cost-effective and less time-consuming as compared to travelling. Conversely, increase in infrastructural investment and rapid growth in travel retail market are anticipated to provide lucrative opportunities for the business travel market.
The market is segmented on the basis of service, industry, traveler, and geography. Based on service, the market is classified into transportation, food & lodging, and recreation. By industry, it is bifurcated into government and corporate. Depending on traveler, it is categorized into solo traveler and group traveler.
Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Get Discount of this report: https://www.reportsweb.com/inquiry&RW00012659190/discount
KEY BENEFITS FOR STAKEHOLDERS
This report provides an in-depth analysis of the global business travel market to identify the potential investment pockets.
It outlines the current trends and future scenarios to determine the business travel market potential and gain stronger market foothold.
Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.
Quantitative analysis of the business travel industry from 2016 to 2023 is highlighted to recognize the financial competency of the market.
Porter's Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.
Table of Content:
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 BUSINESS TRAVEL MARKET, BY SERVICE
CHAPTER 5 BUSINESS TRAVEL MARKET, BY INDUSTRY
CHAPTER 6 BUSINESS TRAVEL MARKET, BY TRAVELER
CHAPTER 7 BUSINESS TRAVEL MARKET, BY GEOGRAPHY
CHAPTER 8 COMPANY PROFILES
8.1. EXPEDIA INC.
8.2. AMERICAN EXPRESS COMPANY (AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.)
8.3. BCD GROUP (BCD TRAVEL)
8.4. CWT GLOBAL B.V. (CARLSON WAGONLIT TRAVEL)
8.5. FAREPORTAL, INC. (TRAVELONG INC.)
8.6. AIRBNB INC.
8.7. THE PRICELINE GROUP INC.
8.8. WEXAS LIMITED
8.9. HOGG ROBINSON GROUP PLC.
8.10. FLIGHT CENTRE TRAVEL GROUP LIMITED
Complete Report: https://www.reportsweb.com/buy&RW00012659190/buy/5639
Name: Sameer Joshi
Company Name: ReportsWeb
Request for Customization:
Any special requirements about this report, please let us know and we can provide custom report.
ReportsWeb.com is a one stop shop of Market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.
533, 5th floor, Amanora Township,
Amanora Chambers, East Block,
Kharadi Road, Hadapsar, Pune-411028
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Business Travel Market Global Briefing and Future Outlook 2017 to 2023 | Airbnb, American Express Travel, Expedia., BCD Travel, Carlson Wagonlit Travel, Flight Centre Travel Group here
News-ID: 1752662 • Views: 951
More Releases from ReportsWeb
Home Medical Equipment Market to 2026 Extensively Used By the Majority of Indust …
Global Home Medical Equipment Market Analysis to 2026 is a specialized and in-depth study of the industry with a focus on the global market trend. The report aims to provide an overview of global Market with detailed market segmentation by product/application and geography. Home Medical Equipment Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast
Eye Drop Market consumption sales by type, product specifications, market resear …
ReportsWeb delivers well-researched industry-wide information on the Eye Drop market. It studies the market’s essential aspects such as top participants, expansion strategies, business models, and other market features to gain improved market insights. Additionally, it focuses on the latest advancements in the sector and technological development, executive tools, and tactics that can enhance the performance of the sectors. To get sample Copy of the report, along with the TOC, Statistics, and
Home Wi-Fi AP Market Segmented by Product, Top Manufacturers, Geography Trends & …
The Home Wi-Fi AP Market report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the ReportsWeb Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Home Wi-Fi AP market. This report explores all the key factors affecting the growth of the global Home Wi-Fi AP
Wireless Audio Devices Market 2020-2027 Global Industry Development Trends and A …
Reportsweb, one of the world’s prominent market research firms has released a new report on Wireless Audio Devices market. The report is full of crucial insights on the market which will help the clients in making correct business decisions. This research will help both existing and new aspirants for Global Wireless Audio Devices Market to figure out and study market requirements, market size, and competition. The report talks about the
More Releases for TRAVEL
Tanzania Travel Tips
Tanzania is among the most popular African countries and for good reason. The climate is warm, the landscape is natural, wildlife is abundant and the people are friendly. All these qualities make Tanzania an affordable holiday destination. Accessing Tanzania The best airport to arrive at is Kilimanjaro International Airport. KLM has daily flights from Amsterdam. Ethiopian and Kenya Airways also fly into Kilimanjaro. Your health There are some health precautions that you need
Travel Mobile Application Developers
we have extensive experience in creating high performance, feature-packed native mobile applications for all the major platforms including iOS, Android..Travayoo Mobile App Development takes its best position and strives to work with the growing outline. Rather than mobile app development, our company also works on B2B , B2C booking engine system. Our mobile application development process integrates design and development to come up with a flexible process that delivers result. INGENIUM
Las Vegas Travel Tips
The city of Las Vegas is known as a universal goal of betting in the clubhouse that are situated over this city and the nightlife that is offered to the voyagers, who visit this goal from various parts of the world. For single ladies voyagers to Las Vegas, the season of New Year ought to have stayed away from as the city is uncommonly swarmed amid this time. Nonetheless, the
City Travel Briefing: Paris
Paris has been resilient as one of the world's leading tourist destinations despite a host of challenges related to security, accommodation and overcrowding. With a clear focus on reinventing the city for the modern traveller by transforming its infrastructure, culture and attractions, Paris is well placed to compete with emerging cities vying to become the tourist destination of choice. This report outlines Paris's strategy in attracting new (and old) holidaymakers
Tonga Travel Guide Launched
South Pacific Travel has launched its online Tonga Travel Guide with 125 pages of maps, photos, drawings, and travel information. Tonga.SouthPacific.org is based on the Kingdom of Tonga chapter from Moon Handbooks South Pacific, now fully updated by the original author David Stanley. The 11 digital map files used in the printed book have been modified for web use. The site outlines the many sports and recreation opportunities in Tonga. The
Kanoo Travel Launches New Luxury Travel Brochure
Partners with American Express Vacations to offer its Middle East customers a wide array of exciting travel destinations combining high quality with excellent value for money. Dubai, United Arab Emirates, September 1, 2009: Kanoo Travel, the largest travel company in the Middle East, today announced that it has partnered with American Express Vacations to launch a new luxury travel brochure for its customers in the Middle East. The first Kanoo Travel