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Global Business Travel Market to grow at a CAGR of 5.11% during 2017-2021 - American Express Global Business Travel, BCD Travel, Carlson Wagonlit Travel, Expedia

11-21-2017 07:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: researchmoz.us

Global Business Travel Market to grow at a CAGR of 5.11% during

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 to grow at a CAGR of 5.11% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global business travel market for 2017-2021. To calculate the market size, the report considers the revenue generated from the business travel market by purpose, expenditure, and age.

Click to get Sample PDF: https://www.researchmoz.us/enquiry.php?type=S&repid=1378031

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Business Travel Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-business-travel-market-2017-2021-report.html/toc

Key vendors
- American Express Global Business Travel
- BCD Travel
- Carlson Wagonlit Travel
- Expedia
- Hogg Robinson Group
- Travel Leaders Group

Other prominent vendors
- Adelman Travel
- ADTRAV Travel Management
- ATG
- Frosch International Travel
- JTB Americas
- Omega World Travel
- Ovation Travel Group
- Priceline Group
- UNIGLOBE Travel International

Key questions answered in this report
- What will the market size be in 2020 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?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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