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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The United Arab Emirates Booking
... hold a significant position, being one of the oldest and most trusted players in the industry, while Cleartrip Travel Services Pte Ltd has established itself as a strong competitor with a comprehensive range of services. ... Read More
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Brazil Booking
... packages and air ticket issuance, known as “Promo”, which typically offered below-market prices, as they were sourced at promotional rates and on off-peak dates. The company’s common practice was based on “betting” on low prices ... Read More
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Colombia Booking
... trend indicates a shift towards new, undiscovered destinations that allow travellers to connect with nature. Euromonitor International's Booking in Colombia report offers a comprehensive guide to the size and shape of the market at a ... Read More
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Japan Booking
... the number of overseas travellers has been surging along with the end of the pandemic, problems surrounding hotel and airline reservation sites have been cropping up. Issues include a lack of coordination between the booking ... Read More
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Spain Booking
... as consumers have become accustomed to the convenience which e-commerce and associated services offer, along with the options to research destinations and tailor the experience to personal tastes. In line with this, online travel agents ... Read More
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Thailand Booking
... Booking.com continue to lead online travel agencies (OTAs) in Thailand, these platforms are facing challenges as many lodging providers, particularly larger hotel chains, are increasingly prioritising direct bookings. Tourists tend to search for hotel information ... Read More
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South Korea Booking
... but also accommodation and check-out services online. As a result, sales are steadily growing, driven by increased consumer demand for convenient, all-in-one platforms. Euromonitor International's Booking in South Korea report offers a comprehensive guide to ... Read More
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Chile Booking
... pandemic. This period saw many flights and hotel reservations cancelled, and airlines and hotels often failed to address refund requests adequately, either resolving issues partially or not fulfilling refund or ticket change requests at all. ... Read More
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Hong Kong, China Booking
... transformation, accentuated by the seismic disruptions caused by the pandemic, has reshaped the competitive dynamics within the category, presenting both challenges and opportunities for players across the value chain. 63% of Hong Kong respondents purchased ... Read More
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Mexico Booking
... and Price Res SAPI de CV (Price Travel). Growth in this space is led by online sales, although one of the winning strategies has been to adopt an omnichannel approach. Thus, Best Day Travel allows ... Read More
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Austria Booking
... and the triumph of online bookings has been confirmed. Operating brick-and-mortar travel agencies has also become more expensive again due to the disproportionate rise in energy and labour costs since the Russian invasion of Ukraine ... Read More
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The US Booking
... While a small group of consumers have shifted from international trips to domestic, or from flights to road trips, a large group of travellers are willing to spend their money on trips, but they want ... Read More
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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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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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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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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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