Corporate Travel Market Research Reports & Industry Analysis
This study found that while U.S. and Western European business travel markets were steady, the real growth can be found in the “BRIC” countries (Brazil, India and China; Russia is likely to be a more volatile location).
However, the industry still faces challenges. Conferencing technology, whether over the phone, video or through the internet by services such as Skype, offer a low- or even no-cost alternative to travel. Such options are proving attractive to budget-conscious corporations, which may prefer staff to meet remotely than spend the money for in-person meetings.
Rely on MarketResearch.com’s catalog of market research studies to keep you abreast of the resurgent corporate travel industry. Our studies examine broad global and industry trends, as well as reports examining consumer preferences when planning business travel.
Corporate Travel Industry Research & Market Reports
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Singapore Booking
... of almost 40 new or off-the-beaten-path experiences in Singapore. However, operators have faced challenges such as manpower shortages, smaller group sizes post-COVID-19 requiring more guides, and logistical issues from last-minute bookings, especially from bleisure tra... ... Read More
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Vietnam Booking
... markets such as South Korea, Japan, China, and Thailand to promote tourism. According to these agreements, it is easier for Vietnamese tourists to apply for a visa in a big group, such as through a ... Read More
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Franceb Booking
... the new post-pandemic period. 2024 is likely to be an even better year for travel and booking in France. More French people used these travel intermediaries in 2023 and their number continues rising in 2024. ... Read More
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Italy Booking
... travel booking is set to see double-digit value growth, while at the same time business booking is also set to perform well, also anticipated to register double-digit current value growth in 2024, with particularly strong ... Read More
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Argentina Booking
... many cases, consumers prefer to use agencies with physical branches where they can speak to a person in the event of any issues with services and contractors. Euromonitor International's Booking in Argentina report offers a ... Read More
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Malaysia Booking
... a welcome rebound. Malaysians have shown a strong desire to travel both domestically and internationally. The COVID-19 crisis and the closure of international borders led to a surge in interest in domestic tourism, which has ... Read More
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Saudi Arabia Booking
... current value sales for travel intermediaries, including during 2024. For example, leisure packages is set to see further double-digit current value growth over 2024, supported by rising holiday prices amid an increase in travel demand ... Read More
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China Booking
... same year. Consumers increasingly favour independent travel over group travel, with the help of online travel agents (OTAs) and social commerce platforms such as Red Book and Douyin. Moreover, OTA giant Trip.com has launched the ... Read More
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Worldwide Travel and Expense Management Software Market Shares, 2023: Resurgence of Business Travel Heralds a New Chapter in Travel and Expense Software
... software for 2023."In a world in which digital meetings were poised to dominate, the unexpected resurgence of business travel heralds a new chapter, emphasizing the irreplaceable value of human connection amidst rising costs and economic ... Read More
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Boutique Hotel Market Size, Share & Trends Analysis Report By Type (Luxury, Mid-Scale, Budget) By Traveler Type (Leisure Travelers, Business Travelers), By Booking Mode (Direct Booking, Travel Agents), By Region, And Segment Forecasts, 2024 - 2030
... 2030 Boutique Hotel Market Growth & Trends The global boutique hotel market is anticipated to reach USD 40.26 billion by 2030, exhibiting a CAGR of 7.1% during the forecast period, i.e. 2024 to 2030, according ... Read More
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Low Cost Airlines Market Report by Purpose (Leisure Travel, VFR, Business Travel, and Others), Distribution Channel (Online, Travel Agency, and Others), Destination (Domestic, International), and Region 2024-2032
... US$ 205.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 405.1 Billion by 2032, exhibiting growth rate (CAGR) of 7.7% during 2024-2032. The rising domestic travel and tourism, widespread adoption ... Read More
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Luxury Hotel Market Report by Type (Business Hotels, Airport Hotels, Suite Hotels, Resorts, and Others), Room Type (Luxury, Upper-Upscale, Upscale), Category (Chain, Independent), and Region 2024-2032
... Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 156.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032. The market is experiencing steady growth driven by an ... Read More
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Business Travel Market: Global Market Size, Forecast, Insights, and Competitive Landscape
... report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global business travel market by segmenting the market based on ... Read More
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China Hotel Market Report Forecast By Type (High-End, Mid-End, Budget), Business Model (Chain, Independent), Sales Channel (Offline, Online), End User (Leisure FIT & Group, Corporate, MICE, Others), Age Group (18-24 years, 25-34 years, 35-44 years, 45-54 years, 55-64 years), Gender (Male, Female), Star Rating (1 Star, 2 Star, 3 Star, 4 Star, 5 Star), and Company Analysis (2024-2032)
... 45-54 years, 55-64 years), Gender (Male, Female), Star Rating (1 Star, 2 Star, 3 Star, 4 Star, 5 Star), and Company Analysis (2024-2032) Sugar Market Analysis The Global Sugar Market will reach US$ 113.67 Billion ... Read More
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Global Corporate & Leisure Travel Services Market Growth (Status and Outlook) 2024-2030
... it is expected to grow at a CAGR of %from 2024 to 2030. LPI (LP Information)' newest research report, the “Corporate & Leisure Travel Services Industry Forecast” looks at past sales and reviews total world ... Read More
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Global Corporate Travel Management (CTM) Software Industry Trends Analysis Report 2024, Forecast to 2032 (Broken Down by Type, End User, Regional Analysis, and Competitive Landscape)
... provides a comprehensive overview by conducting both qualitative and quantitative analysis of the market, sharing concrete numbers and thorough insights from different market segments. The quantitative analysis includes both historical and forecast data of various ... Read More
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Global Business Travel Market 2024 by Company, Regions, Type and Application, Forecast to 2030
... 2023 and is forecast to a readjusted size of USD 1514010 million by 2030 with a CAGR of 3.2% during review period. Business travel refers to domestic or international trips made by an employee for ... Read More
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Bleisure Travel - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)
... billion by 2029, growing at a CAGR of 9.52% during the forecast period (2024-2029). The rise in popularity of leisure travel can be attributed to its ability to enhance business travel by including leisure activities, ... Read More
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Destination Market Insight: China (2024)
... markets, as well as an assessment of the trends and issues in the covered destination market, in this case China. Domestic travel dominates China's tourist income, with approximately 2.5 billion trips taken in 2023 (expected ... Read More
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Business Travel
... at a CAGR of 4.3% over the analysis period 2023-2030. Food & Lodging Service, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$509.8 Billion by the ... Read More
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Global Travel Management Software Market Research Report 2024(Status and Outlook)
... estimated at USD 3262.22 million in 2023 and is projected to reach USD 4950.88 million by 2029, exhibiting a CAGR of 7.20% during the forecast period. This report provides a deep insight into the global ... Read More
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Global Luxury Travel Service Market Research Report 2024(Status and Outlook)
... by 2029, exhibiting a CAGR of 8.40% during the forecast period. This report provides a deep insight into the global Luxury Travel Service market covering all its essential aspects. This ranges from a macro overview ... Read More
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Generative AI in Travel and Expense Management: Potential Opportunities for Trip Management and Cost Savings
... AI technology. The current approach to travel and expense management results in companies facing challenges around auditing, trip management, and reporting/analytics. With features optimized via generative AI, solution providers are exploring ways to improve the ... Read More
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Global Business Travel Insurance Competitive Landscape Professional Research Report 2024
... financial protection against a range of risks and unexpected events that can occur during business trips. Business travel insurance typically includes coverage for medical emergencies, trip cancellation or interruption, lost or delayed baggage, travel delays, ... Read More
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Limousine Services Market by Vehicle Type (Hummer Limo, Limo Bus, Sedan Limousine), Type (Airport Transfers, Corporate Services, Nightlife & Entertainment), Application, Booking Type - Global Forecast 2024-2030
... USD 21.95 billion in 2023 and expected to reach USD 23.55 billion in 2024, at a CAGR 7.66% to reach USD 36.82 billion by 2030. The limousine services provide luxury transportation services for various occasions ... Read More
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