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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Business Travel Market Trends and Analysis by Passenger Flows, Destinations, Challenges, Opportunities and Case Studies, 2023 Update
... trends, destinations, sector deals, challenges and opportunities. Key Highlights Due to the slow recovery of business trips in XX, it is unlikely that business travel is expected to reach its pre-pandemic level before XX, when ... Read More
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Booking in Saudi Arabia
... of their pre-pandemic travelling habits and more. Direct suppliers managed to circumvent the challenges presented by the pandemic better than travel intermediaries, which is reflected in the stronger sales being recorded in 2023 in current ... Read More
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Booking in Taiwan
... the most popular destination for Taiwanese consumers, with the weakening of the Yen making it an even more attractive prospect, after two years of being closed to visitors. Despite the inflationary pressures, travelling to Japan ... Read More
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Booking in South Korea
... businesses beyond this sector to include different travel modes and international bookings. Euromonitor International's Booking in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. ... Read More
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Booking in Mexico
... and enjoyment. The significance of this trend is highlighted by the dynamic double-digit growth trajectory for leisure travel, underscoring its substantial contribution to the expansion of booking. A key driver within leisure travel has been ... Read More
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Booking in the United Arab Emirates
... business travellers. This trend is exemplified by hotels in the United Arab Emirates actively encouraging guests to book directly through various incentives, such as exclusive deals, loyalty programmes, and tailored services. As consumers gain easier ... Read More
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Booking in Italy
... booking sales are set to see a full return to pre-pandemic levels in 2023, in current value terms, although inflation is a major factor in the recovery. Italy is seeing growth in new intermediaries aiming ... Read More
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Booking in Chile
... purchases through intermediaries such as travel agents, primarily due to the difficulties they experienced when seeking refunds directly from airlines and hotels during the pandemic. Many individuals were forced to endure long waiting periods to ... Read More
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Booking in Thailand
... accounted for more than two thirds of retail constant value sales. Online travel agencies (OTAs) improved their services, in order to take advantage of the expanding range of travel opportunities available. Euromonitor International's Booking in ... Read More
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Booking in the US
... cultural shift associated with distributed team and hybrid work opportunities. With so many employees working remotely, the team-building that used to take place locally is now more frequently organised off-site. In its first quarter 2023 ... Read More
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Booking in Vietnam
... the number of Vietnamese individuals prioritising their health, actively seeking stress reduction methods, and focusing on their mental wellbeing. Recognising this emerging trend, lodging companies have closely collaborated with travel intermediaries to introduce a range ... Read More
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Booking in Spain
... specific requirements to visit a certain country, or air routes being affected by the ongoing Russia-Ukraine war. As such, this is resulting in consumers seeking the up-to-date expertise of travel agents and, in turn, resulting ... Read More
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Booking in Japan
... an acceleration of the shift towards online booking of business travel. Traditionally in Japanese business culture, the process of booking business trips was very time-consuming, and involved paper based transactions and the involvement of various ... Read More
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Booking in China
... to booking travel online. However, 2023 is set to see a temporary reversal of this trend, as intermediaries redeploy bricks-and-mortar contact points. This is largely due to the fact that many physical outlets were unable ... Read More
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Booking in Canada
... close eye on special airline deals, promotional hotel programmes as well as all-inclusive packages, which are more cost efficient. Moreover, a survey conducted by booking.com showed that more than half of travellers interviewed are willing ... Read More
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Booking in France
... years of restrictions there was significant pent up demand resulting in a sharp rise in sales in 2022 followed by slightly more modest growth, albeit still strong. However, it is worth noting that the sharp ... Read More
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Business Travel Management Service Industry Research Report 2023
... car, and travel insurance accommodations on an ad-hoc or ongoing basis. These services ensure corporate trips are well organized and within a specified budget by negotiating travel costs and connecting businesses to established partners for ... Read More
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Business Travel Insurance Industry Research Report 2023
... to reach US$ million by 2029 from an estimated US$ million in 2023, at a CAGR of % during 2024 and 2029. Europe is estimated to have a major share in the global market with ... Read More
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Transportation Services Market Forecasts to 2030 – Global Analysis By Transport Type (Air Transport, General Transport, Pipeline Transport and Other Transport Types), Purpose (Commuter Travel, Business Travel, Cargo and Freight Travel, Shipping and Delivery Travel and Tourism and Leisure Travel), End User (Mining, Construction, E-commerce and Other End Users) and By Geography
... and Tourism and Leisure Travel), End User (Mining, Construction, E-commerce and Other End Users) and By GeographyAccording to Stratistics MRC, the Global Transportation Services Market is accounted for $8.04 trillion in 2023 and is expected ... Read More
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E-passport Market By Technology (Radio Frequency Identification (RFID), Biometric), By Application (Leisure Travel, Business Travel): Global Opportunity Analysis and Industry Forecast, 2023-2032
... name, passport number, surname, date of birth, and nationality. In addition, e-passport is created with an electronic microprocessor chip, which contains several biometric information of an applicant such as photos, signatures, and fingerprints. E-passport offers ... Read More
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Destination Management Service Market By Service Type (Event Management, Accommodation Booking, Transportation Logistics, Others), By Application (Corporate Travel, Leisure Travel, Adventure Tourism, Others), By Client Type (Event planners, Individual, Travel Agencies, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
... and Industry Forecast, 2023-2032 The global destination management services market was valued at $3,634.3 million in 2022, and is projected to reach $6,908.8 million by 2032, registering a CAGR of 6.8% from 2023 to 2032. ... Read More
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Business Travel Market Analysis and Forecast to 2032: By Industry (Government, Corporate), Service (Transportation, Food and Lodging, Recreation), Traveler (Solo, Group), and Region
... be to attend meetings, conferences, or other events, or to conduct business activities such as sales or site visits. Business travel can also be for purposes such as training or professional development. Key Trends There ... Read More
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Corporate Travel Security Market
... 2023-2031 Corporate Travel Security Market – Scope of Report TMR’s report on the global corporate travel security market studies the past as well as the current growth trends and opportunities to gain valuable insights of ... Read More
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Japan Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026
... services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Japan Hotels Market Analytics ... Read More
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New Zealand Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026
... guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report New Zealand Hotels ... Read More
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