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Business Travel Market Opportunities, Share, Size Overview By Airbnb, American Express Company, Expedia, BCD Travel, CWT, Flight Centre Travel Group Limited, Hogg Robinson Ltd

03-09-2020 09:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research for Markets

Business Travel Market Opportunities

Business Travel Market Opportunities

This Business Travel Market report comprises of a chapter on the global market and allied companies with their profiles, which delivers essential data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. The whole Business Travel Market report can be divided into four major areas which include market definition, market segmentation, competitive analysis and research methodology. Analysis and discussion of important industry trends, market size, and market share estimates are covered in this Business Travel Market report. To get knowledge of all the Business Travel Market related factors, a transparent, extensive and supreme in quality report is created.

Global Business Travel Market is expected to rise from its initial estimated value of USD 1375.36 billion in 2018 to an estimated value of USD 1915.83 billion by 2026, registering a CAGR of 4.23% in the forecast period of 2019-2026. Rise in the travel and tourism industry is the major factor for the growth of this market.

Complete study compiled with over 100+ pages, list of tables & figures, profiling 10+ companies. Ask for Sample @
https://www.researchformarkets.com/sample/global-business-travel-market-207775

Few of the major competitors currently working in the business travel market are Airbnb, American Express Company, Expedia, BCD Travel, CWT, Flight Centre Travel Group Limited, Hogg Robinson Ltd, Booking Holdings, Fareportal, WEXAS TRAVEL, Travel Leaders Group.

Business travel refers to domestic or international trips made by an employee for several business-related purposes, including the organization of trade shows, marketing of the company, product launches, and internal meetings. Tourism is one of the major sources of revenue for a number of countries and has a positive impact on the economy of both the source and host countries. The tourism industry has experienced a high growth in the last six decades, especially in regions like Europe that host a large number of international travelers on short breaks. Tourists usually have high budgets and a preference for good food and luxury accommodations. However, these preferences may differ from one tourist to another. For instance, some tourists prefer simple beach vacations, while others want family-oriented holidays at quieter resorts, uncommercialized places, or niche market-targeted destination hotels.

The global Business Travel market is highly fragmented and the top key players have used various strategies such as new product launches, sales, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of market for global, United States, Europe, China, Japan, Other Regions and Other Regions.

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Business Travel Breakdown Data by Type

Marketing, Trade Shows, Internal Meeting, Product Launch

Business Travel Breakdown Data by Application

Below 40 Years, Above 40 Years

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Business Travel.

MAJOR POINTS

FROM TABLE OF CONTENTS

1 Study Coverage

2 Executive Summary

3 Market Size by Manufacturers

4 Business Travel Production by Regions

5 Business Travel Consumption by Regions

6 Market Size by Type

8 Manufacturers Profiles

9 Production Forecasts

10 Consumption Forecast

11 Value Chain and Sales Channels Analysis

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Main Aspects covered in the Report

Overview of the Business Travel market including production, consumption, status & forecast and market growth
2015-2018 historical data and 2019-2025 market forecast
Geographical analysis including major countries
Overview the product type market including development
Overview the end-user market including development

Note: Any special requirements about this report, please let us know and we can provide custom report.



Contact:

Mr. A Naidu

Research for Markets

Tel: +44 8000-4182-37 (UK)

Email: alan.naidu@researchformarkets.com

About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

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