Business Travel Market May see a Big Move | Major Giants Singapore Airlines, Qatar Airways, Hilton

Key Trends in Business Travel (2021) is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Key Trends in Business Travel (2021) Market. Some of the key players profiled in the study are Delta, British Airways, Singapore Airlines, Qatar Airways, Hilton, Marriott, CWT.

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Business travel is an extremely important part of the travel space today, as even though business travel comprises only a small percentage of total trips compared to leisure and VFR, business travelers have a higher spending power and travel more often, making them a valuable traveler type to attract. After a period of growth of business travel in all aspects, the COVID-19 pandemic has caused, and will potentially continue to cause, business travel to completely slow down. The potential impact of COVID-19 will affect many companies, airlines, hotels, travel intermediaries such as travel management companies, and could be devastating due to the complete lack of travel, and need to travel in 2021 and beyond.

Key Highlights

- Traditional reasons for business travel may see a decline, but a new kind of business traveler may emerge. As many employees may have become remote workers due to the pandemic, the industry can see an uptick of visiting colleagues when restrictions fully recover.

- As vaccine rollouts are gaining traction across the world, it is opening-up the opportunity to travel for many. Important nations with high percentages of business travel are also far along with vaccination progress. The US, where 20% of domestic travel in 2019 and 2020 was for a business purpose, is progressing well with its vaccination program for example.

- Many companies are focused on reducing emissions and carbon footprint to reach a sustainability goal. These companies will have sustainability practices in place with a corporate sustainability policy. However, many companies do not incorporate business travel into a sustainability policy. Some methods of travel can be extremely harmful to the environment and it is the company's responsibility to ensure that sustainable options are always considered.

Scope

- This report looks at the key trends & issues within the business travel space, as well as the strengths, weaknesses, opportunities and threats. It also offers an insight into key destinations, traveler groups, and into the strategies of the leading companies.

Some of the key players involved in the Market are: Delta, British Airways, Singapore Airlines, Qatar Airways, Hilton, Marriott, CWT

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Important years considered in the Key Trends in Business Travel (2021) study:
Historical year – 2015-2020; Base year – 2020; Forecast period** – 2021 to 2026 [** unless otherwise stated]

If opting for the Global version of Key Trends in Business Travel (2021) Market; then below country analysis would be included:
• North America (USA, Canada and Mexico)
• Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
• Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
• South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

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Key Questions Answered with this Study
1) What makes Key Trends in Business Travel (2021) Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Key Trends in Business Travel (2021) market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Key Trends in Business Travel (2021) in next few years?
8) What is the impact analysis of various factors in the Key Trends in Business Travel (2021) market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Key Trends in Business Travel (2021) Market?

Browse Executive Summary and Complete Table of Content @ https://www.htfmarketreport.com/reports/3262779-key-trends-in-business-travel-1

There are 15 Chapters to display the Key Trends in Business Travel (2021) Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Key Trends in Business Travel (2021) market, Applications, Market Segment by Types;
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Key Trends in Business Travel (2021) Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Key Trends in Business Travel (2021) Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10 and 11, to show analysis by regional segmentation [North America (Covered in Chapter 6 and 13), United States, Canada, Mexico, Europe (Covered in Chapter 7 and 13), Germany, UK, France, Italy, Spain, Russia, Others, Asia-Pacific (Covered in Chapter 8 and 13), China, Japan, South Korea, Australia, India, Southeast Asia, Others, Middle East and Africa (Covered in Chapter 9 and 13), Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Others, South America (Covered in Chapter 10 and 13), Brazil, Argentina, Columbia, Chile & Others], comparison, leading countries and opportunities; Customer Behaviour
Chapter 12, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 13 and 14, about competition landscape (classification and Market Ranking)
Chapter 15, deals with Key Trends in Business Travel (2021) Market sales channel, research findings and conclusion, appendix and data source.

Thanks for showing interest in Key Trends in Business Travel (2021) Industry Research Publication; you can also get individual chapter wise section or region wise report version like North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc

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