Global Business Travel Management Market Research Report 2023

Business Travel Management Market

Business travel is travel undertaken for work or business purposes, as opposed to other types of travel, such as for leisure purposes or regularly commuting between one's home and workplace.

The global Business Travel Management market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Business Travel Management is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Business Travel Management is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Business Travel Management in Group is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Business Travel Management include BCD Travel, ATPI Ltd, Expedia Inc., Airbnb Inc., American Express Travel, Carlson Wagonlit Travel, Flight Centre Travel Group, Hogg Robinson Group and The Priceline Group, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Business Travel Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Business Travel Management.

The Business Travel Management market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Business Travel Management market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Business Travel Management companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Scope of Business Travel Management Market Report

Core Chapters

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Business Travel Management Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Transportation

1.2.3 Food & Lodging

1.2.4 Recreation Activity

1.3 Market by Application

1.3.1 Global Business Travel Management Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Group

1.3.3 Solo

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Business Travel Management Market Perspective (2018-2029)

2.2 Business Travel Management Growth Trends by Region

2.2.1 Global Business Travel Management Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Business Travel Management Historic Market Size by Region (2018-2023)

2.2.3 Business Travel Management Forecasted Market Size by Region (2024-2029)

2.3 Business Travel Management Market Dynamics

2.3.1 Business Travel Management Industry Trends

2.3.2 Business Travel Management Market Drivers

2.3.3 Business Travel Management Market Challenges

2.3.4 Business Travel Management Market Restraints

3.1 Global Top Business Travel Management Players by Revenue

3.1.1 Global Top Business Travel Management Players by Revenue (2018-2023)

3.1.2 Global Business Travel Management Revenue Market Share by Players (2018-2023)

3.2 Global Business Travel Management Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Business Travel Management Revenue

3.4 Global Business Travel Management Market Concentration Ratio

3.4.1 Global Business Travel Management Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Business Travel Management Revenue in 2022

3.5 Business Travel Management Key Players Head office and Area Served

3.6 Key Players Business Travel Management Product Solution and Service

3.7 Date of Enter into Business Travel Management Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Business Travel Management Historic Market Size by Type (2018-2023)

4.2 Global Business Travel Management Forecasted Market Size by Type (2024-2029)

5.1 Global Business Travel Management Historic Market Size by Application (2018-2023)

5.2 Global Business Travel Management Forecasted Market Size by Application (2024-2029)

6.1 North America Business Travel Management Market Size (2018-2029)

6.2 North America Business Travel Management Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Business Travel Management Market Size by Country (2018-2023)

6.4 North America Business Travel Management Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Business Travel Management Market Size (2018-2029)

7.2 Europe Business Travel Management Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Business Travel Management Market Size by Country (2018-2023)

7.4 Europe Business Travel Management Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Business Travel Management Market Size (2018-2029)

8.2 Asia-Pacific Business Travel Management Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Business Travel Management Market Size by Region (2018-2023)

8.4 Asia-Pacific Business Travel Management Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Business Travel Management Market Size (2018-2029)

9.2 Latin America Business Travel Management Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Business Travel Management Market Size by Country (2018-2023)

9.4 Latin America Business Travel Management Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Business Travel Management Market Size (2018-2029)

10.2 Middle East & Africa Business Travel Management Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Business Travel Management Market Size by Country (2018-2023)

10.4 Middle East & Africa Business Travel Management Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 BCD Travel

11.1.1 BCD Travel Company Detail

11.1.2 BCD Travel Business Overview

11.1.3 BCD Travel Business Travel Management Introduction

11.1.4 BCD Travel Revenue in Business Travel Management Business (2018-2023)

11.1.5 BCD Travel Recent Development

11.2 ATPI Ltd

11.2.1 ATPI Ltd Company Detail

11.2.2 ATPI Ltd Business Overview

11.2.3 ATPI Ltd Business Travel Management Introduction

11.2.4 ATPI Ltd Revenue in Business Travel Management Business (2018-2023)

11.2.5 ATPI Ltd Recent Development

11.3 Expedia Inc.

11.3.1 Expedia Inc. Company Detail

11.3.2 Expedia Inc. Business Overview

11.3.3 Expedia Inc. Business Travel Management Introduction

11.3.4 Expedia Inc. Revenue in Business Travel Management Business (2018-2023)

11.3.5 Expedia Inc. Recent Development

11.4 Airbnb Inc.

11.4.1 Airbnb Inc. Company Detail

11.4.2 Airbnb Inc. Business Overview

11.4.3 Airbnb Inc. Business Travel Management Introduction

11.4.4 Airbnb Inc. Revenue in Business Travel Management Business (2018-2023)

11.4.5 Airbnb Inc. Recent Development

11.5 American Express Travel

11.5.1 American Express Travel Company Detail

11.5.2 American Express Travel Business Overview

11.5.3 American Express Travel Business Travel Management Introduction

11.5.4 American Express Travel Revenue in Business Travel Management Business (2018-2023)

11.5.5 American Express Travel Recent Development

11.6 Carlson Wagonlit Travel

11.6.1 Carlson Wagonlit Travel Company Detail

11.6.2 Carlson Wagonlit Travel Business Overview

11.6.3 Carlson Wagonlit Travel Business Travel Management Introduction

11.6.4 Carlson Wagonlit Travel Revenue in Business Travel Management Business (2018-2023)

11.6.5 Carlson Wagonlit Travel Recent Development

11.7 Flight Centre Travel Group

11.7.1 Flight Centre Travel Group Company Detail

11.7.2 Flight Centre Travel Group Business Overview

11.7.3 Flight Centre Travel Group Business Travel Management Introduction

11.7.4 Flight Centre Travel Group Revenue in Business Travel Management Business (2018-2023)

11.7.5 Flight Centre Travel Group Recent Development

11.8 Hogg Robinson Group

11.8.1 Hogg Robinson Group Company Detail

11.8.2 Hogg Robinson Group Business Overview

11.8.3 Hogg Robinson Group Business Travel Management Introduction

11.8.4 Hogg Robinson Group Revenue in Business Travel Management Business (2018-2023)

11.8.5 Hogg Robinson Group Recent Development

11.9 The Priceline Group

11.9.1 The Priceline Group Company Detail

11.9.2 The Priceline Group Business Overview

11.9.3 The Priceline Group Business Travel Management Introduction

11.9.4 The Priceline Group Revenue in Business Travel Management Business (2018-2023)

11.9.5 The Priceline Group Recent Development

11.10 Fareportal, Inc. (Travelong, Inc.)

11.10.1 Fareportal, Inc. (Travelong, Inc.) Company Detail

11.10.2 Fareportal, Inc. (Travelong, Inc.) Business Overview

11.10.3 Fareportal, Inc. (Travelong, Inc.) Business Travel Management Introduction

11.10.4 Fareportal, Inc. (Travelong, Inc.) Revenue in Business Travel Management Business (2018-2023)

11.10.5 Fareportal, Inc. (Travelong, Inc.) Recent Development

11.11 Wexas Travel

11.11.1 Wexas Travel Company Detail

11.11.2 Wexas Travel Business Overview

11.11.3 Wexas Travel Business Travel Management Introduction

11.11.4 Wexas Travel Revenue in Business Travel Management Business (2018-2023)

11.11.5 Wexas Travel Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Business Travel Management Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Transportation

    Table 3. Key Players of Food & Lodging

    Table 4. Key Players of Recreation Activity

    Table 5. Global Business Travel Management Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Business Travel Management Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global Business Travel Management Market Size by Region (2018-2023) & (US$ Million)

    Table 8. Global Business Travel Management Market Share by Region (2018-2023)

    Table 9. Global Business Travel Management Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 10. Global Business Travel Management Market Share by Region (2024-2029)

    Table 11. Business Travel Management Market Trends

    Table 12. Business Travel Management Market Drivers

    Table 13. Business Travel Management Market Challenges

    Table 14. Business Travel Management Market Restraints

    Table 15. Global Business Travel Management Revenue by Players (2018-2023) & (US$ Million)

    Table 16. Global Business Travel Management Market Share by Players (2018-2023)

    Table 17. Global Top Business Travel Management Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Business Travel Management as of 2022)

    Table 18. Ranking of Global Top Business Travel Management Companies by Revenue (US$ Million) in 2022

    Table 19. Global 5 Largest Players Market Share by Business Travel Management Revenue (CR5 and HHI) & (2018-2023)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players Business Travel Management Product Solution and Service

    Table 22. Date of Enter into Business Travel Management Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global Business Travel Management Market Size by Type (2018-2023) & (US$ Million)

    Table 25. Global Business Travel Management Revenue Market Share by Type (2018-2023)

    Table 26. Global Business Travel Management Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 27. Global Business Travel Management Revenue Market Share by Type (2024-2029)

    Table 28. Global Business Travel Management Market Size by Application (2018-2023) & (US$ Million)

    Table 29. Global Business Travel Management Revenue Market Share by Application (2018-2023)

    Table 30. Global Business Travel Management Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 31. Global Business Travel Management Revenue Market Share by Application (2024-2029)

    Table 32. North America Business Travel Management Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 33. North America Business Travel Management Market Size by Country (2018-2023) & (US$ Million)

    Table 34. North America Business Travel Management Market Size by Country (2024-2029) & (US$ Million)

    Table 35. Europe Business Travel Management Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. Europe Business Travel Management Market Size by Country (2018-2023) & (US$ Million)

    Table 37. Europe Business Travel Management Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Asia-Pacific Business Travel Management Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Asia-Pacific Business Travel Management Market Size by Region (2018-2023) & (US$ Million)

    Table 40. Asia-Pacific Business Travel Management Market Size by Region (2024-2029) & (US$ Million)

    Table 41. Latin America Business Travel Management Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Latin America Business Travel Management Market Size by Country (2018-2023) & (US$ Million)

    Table 43. Latin America Business Travel Management Market Size by Country (2024-2029) & (US$ Million)

    Table 44. Middle East & Africa Business Travel Management Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Middle East & Africa Business Travel Management Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Middle East & Africa Business Travel Management Market Size by Country (2024-2029) & (US$ Million)

    Table 47. BCD Travel Company Detail

    Table 48. BCD Travel Business Overview

    Table 49. BCD Travel Business Travel Management Product

    Table 50. BCD Travel Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 51. BCD Travel Recent Development

    Table 52. ATPI Ltd Company Detail

    Table 53. ATPI Ltd Business Overview

    Table 54. ATPI Ltd Business Travel Management Product

    Table 55. ATPI Ltd Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 56. ATPI Ltd Recent Development

    Table 57. Expedia Inc. Company Detail

    Table 58. Expedia Inc. Business Overview

    Table 59. Expedia Inc. Business Travel Management Product

    Table 60. Expedia Inc. Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 61. Expedia Inc. Recent Development

    Table 62. Airbnb Inc. Company Detail

    Table 63. Airbnb Inc. Business Overview

    Table 64. Airbnb Inc. Business Travel Management Product

    Table 65. Airbnb Inc. Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 66. Airbnb Inc. Recent Development

    Table 67. American Express Travel Company Detail

    Table 68. American Express Travel Business Overview

    Table 69. American Express Travel Business Travel Management Product

    Table 70. American Express Travel Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 71. American Express Travel Recent Development

    Table 72. Carlson Wagonlit Travel Company Detail

    Table 73. Carlson Wagonlit Travel Business Overview

    Table 74. Carlson Wagonlit Travel Business Travel Management Product

    Table 75. Carlson Wagonlit Travel Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 76. Carlson Wagonlit Travel Recent Development

    Table 77. Flight Centre Travel Group Company Detail

    Table 78. Flight Centre Travel Group Business Overview

    Table 79. Flight Centre Travel Group Business Travel Management Product

    Table 80. Flight Centre Travel Group Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 81. Flight Centre Travel Group Recent Development

    Table 82. Hogg Robinson Group Company Detail

    Table 83. Hogg Robinson Group Business Overview

    Table 84. Hogg Robinson Group Business Travel Management Product

    Table 85. Hogg Robinson Group Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 86. Hogg Robinson Group Recent Development

    Table 87. The Priceline Group Company Detail

    Table 88. The Priceline Group Business Overview

    Table 89. The Priceline Group Business Travel Management Product

    Table 90. The Priceline Group Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 91. The Priceline Group Recent Development

    Table 92. Fareportal, Inc. (Travelong, Inc.) Company Detail

    Table 93. Fareportal, Inc. (Travelong, Inc.) Business Overview

    Table 94. Fareportal, Inc. (Travelong, Inc.) Business Travel Management Product

    Table 95. Fareportal, Inc. (Travelong, Inc.) Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 96. Fareportal, Inc. (Travelong, Inc.) Recent Development

    Table 97. Wexas Travel Company Detail

    Table 98. Wexas Travel Business Overview

    Table 99. Wexas Travel Business Travel Management Product

    Table 100. Wexas Travel Revenue in Business Travel Management Business (2018-2023) & (US$ Million)

    Table 101. Wexas Travel Recent Development

    Table 102. Research Programs/Design for This Report

    Table 103. Key Data Information from Secondary Sources

    Table 104. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Business Travel Management Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Business Travel Management Market Share by Type: 2022 VS 2029

    Figure 3. Transportation Features

    Figure 4. Food & Lodging Features

    Figure 5. Recreation Activity Features

    Figure 6. Global Business Travel Management Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 7. Global Business Travel Management Market Share by Application: 2022 VS 2029

    Figure 8. Group Case Studies

    Figure 9. Solo Case Studies

    Figure 10. Business Travel Management Report Years Considered

    Figure 11. Global Business Travel Management Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 12. Global Business Travel Management Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 13. Global Business Travel Management Market Share by Region: 2022 VS 2029

    Figure 14. Global Business Travel Management Market Share by Players in 2022

    Figure 15. Global Top Business Travel Management Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Business Travel Management as of 2022)

    Figure 16. The Top 10 and 5 Players Market Share by Business Travel Management Revenue in 2022

    Figure 17. North America Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 18. North America Business Travel Management Market Share by Country (2018-2029)

    Figure 19. United States Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 20. Canada Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. Europe Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Europe Business Travel Management Market Share by Country (2018-2029)

    Figure 23. Germany Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. France Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. U.K. Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Italy Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Russia Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Nordic Countries Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Asia-Pacific Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Asia-Pacific Business Travel Management Market Share by Region (2018-2029)

    Figure 31. China Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Japan Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. South Korea Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Southeast Asia Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. India Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Australia Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Latin America Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Latin America Business Travel Management Market Share by Country (2018-2029)

    Figure 39. Mexico Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Brazil Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Middle East & Africa Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Middle East & Africa Business Travel Management Market Share by Country (2018-2029)

    Figure 43. Turkey Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Saudi Arabia Business Travel Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. BCD Travel Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 46. ATPI Ltd Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 47. Expedia Inc. Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 48. Airbnb Inc. Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 49. American Express Travel Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 50. Carlson Wagonlit Travel Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 51. Flight Centre Travel Group Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 52. Hogg Robinson Group Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 53. The Priceline Group Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 54. Fareportal, Inc. (Travelong, Inc.) Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 55. Wexas Travel Revenue Growth Rate in Business Travel Management Business (2018-2023)

    Figure 56. Bottom-up and Top-down Approaches for This Report

    Figure 57. Data Triangulation

    Figure 58. Key Executives Interviewed