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Business Travel Market with COVID-19 Impact, Size, Trends, Growth, Share Analysis, Report by Service (Transportation, Food & Lodging, and Recreation), Industry (Government and Corporate), Traveler (Group and Solo): Global Opportunity Analysis and Industry Forecast 2021–2028
Published Date: October 2021
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Report Code: ALLI-Manu-1B51
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Business Travel Market

Business Travel Market with COVID-19 Impact, Size, Trends, Growth, Share Analysis, Report by Service (Transportation, Food & Lodging, and Recreation), Industry (Government and Corporate), Traveler (Group and Solo): Global Opportunity Analysis and Industry Forecast 2021–2028

Code: ALLI-Manu-1B51
Report
October 2021
240 Pages
Allied Market Research
Region: Global,
Description
Table of Content
Tables & Figures

Business Travel Market Analysis - 2028

The global Business Travel Market size was valued at US$ 695.9 billion in 2020 and is projected to reach US$ 2001.1 billion by 2028 growing at a Compound Annual Growth Rate (CAGR) of 13.2% from 2021-2028. Key drivers of the Business Travel Market include bleisure travel(business + leisure), IoT, development of smart hotels, personalization, and virtual reality for hotel bookings. Business travel is a division of regular tourism in which people travel for a business-oriented purpose. It includes transportation, accommodation, business work, entertainment, and other activities. The places usually involved with business travel are commercial places that are well developed and suited for trade work.

Business Travel Market

According to World Travel and Tourism Council (WTTC), the global travel & tourism sector contributed around $9.2 trillion to the global GDP (Gross Domestic Product) in 2019. The business travel segment witnesses the highest growth rate in this industry, as employees working in multinational organizations, are often required to travel across various countries for business purposes. In business tourism, destinations are commercial places, which are well-developed and suited for trade work.

Other factors contributing to the growth of the Business Travel Market are using robotics technology, traveling for client meetings, brand and product promotion, business expansion, and employee training and incentives. Further increasing digitization in the travel and tourism sector, increasing small and medium scale enterprises and rising globalization are also contributing towards the growth of the market. Moreover, with several tie-ups of corporate organizations with leading business travel companies for providing personalized collaborative spaces and team-building exercises, the demand for business travel is expected to boom further during the forecast period.

Introduction of advanced technologies such as IoT, VR, and robotics will transform the market in the coming years

With the growing penetration of the Internet Of Things(IoT) and increasing digitization in the tourism and corporate sector, a growing number of travelers and travel operators are getting things done swiftly and with ease bolstering the market growth. Moreover, with the introduction of Virtual Reality (VR) and robotics, customization has become easier with personalization options tailored to specific consumer needs increasing the efficiency levels. Thus growing digitization and rapid increase in usage of advanced technologies will significantly expand the growth of the Business Travel Market during the forecast period.

Increasing globalization and rising trend for bleisure travel(travel+leisure) will spur the growth of the market

An increasing number of small and medium scale enterprises, rising globalization, and growing trend for bleisure travel will drive the growth of the market in the coming years. Bleisure is a combination of travel + leisure that mixes business with pleasure elements and offers leisure or recreational activities to relieve stress and improve work efficiency. Further, the ever-changing globalized world with an increasing need for client meetings, brand and product promotion, business expansion, and team-building exercises has propelled the growth of the Business Travel Market during the forecast period and will continue to rise further in the future. Also with several tie-ups of corporate organizations with business travel companies for providing collaborative spaces for recreation and bonding activities the growth of the Business Travel Market is going to shoot up in the near future.

Travel convenience will provide lucrative opportunities for the growth of the market

Convenience and increased autonomy is the most preferred choice looked upon by business travelers while traveling. Hence travel companies must look into this and create opportunities accordingly for boosting sales. There has been a preferred choice for autonomy and convenience related to flight bookings and direct flights, hotels nearby to the offices, and unlimited wifi for smooth operation. Hence travel companies are now interacting directly with business travelers in order to enhance their services and provide better customer satisfaction. Thus growing need for convenience and autonomy will create lucrative opportunities for the growth of the Business Travel Market during the forecast period.    

Covid 19 impact will transform the market during the forecast period

Corporate travel took a big hit during the pandemic and with trade shows, conferences remaining mostly virtual the growth of the market has slowed down temporarily. But with successful vaccine rollout and protocols mandating essential only travel the Business Travel Market has picked up pace slowly and steadily. With the partial resumption of offices, the growth trajectory of the market is expected to rise in the near future. Hybrid models of working is the way forward with conferences and other industrial events making a comeback through live and hybrid formats. Thus although covid 19 has severely impacted the growth of the market it is expected to pick up the pace gradually in the coming years.  

Business Travel Market Share Analysis

The global business travel market is segmented based on the service, industry, traveler, and region. Based on service, it is segmented into transportation, food & lodging, and recreation. On the basis of industry, the business travel market is segmented into government and corporate. The business travel market, on the basis of travelers, is categorized as intergroup and solo travelers. By region, the global business travel market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Based on service, The food and lodging segment is expected to provide lucrative opportunities for growth in the Business Travel market share, growing at a CAGR of 14.2% during the forecast period. Food & lodging was the dominating segment, garnering around 50.3% market share in 2020.

Business Travel Market

Based on industry, the corporate segment is expected to provide lucrative opportunities for growth in the Business Travel market share during the forecast period due to the growing number of corporate travelers for attending conferences and client meetings with other companies and other professional purposes. The corporate segment accounted for around 65.6% market share in 2020 and is expected to witness growth at the highest CAGR of 14.1% during the forecast period.

Business Travel Market

Based on region, As per the business travel market trends, based on the region, Asia-Pacific is the largest and the fastest-growing market for business travel due to rapidly growing infrastructure, favorable conditions for setting up businesses, and government policies for attracting foreign investments. Asia-Pacific accounted for 43.5% market in 2020 followed by North America and Europe that constituting 26.3% and 24.3% market share respectively in 2020. LAMEA is expected to show considerable growth due to growing business activities, growing government initiatives to attract FDIs (foreign direct investments), and continuous infrastructural development in the region.

Based on traveler, the solo segment is expected to provide lucrative opportunities for growth in the Business Travel market share during the forecast period due to the growing preference for solo traveling for privacy and security reasons.  The group was the largest and the fastest-growing segment that garnered 59.5% market share in 2020 and is anticipated to grow at a significant CAGR of 14.3% in the upcoming future.

Business Travel Market

The players operating in the global business travel industry have adopted various developmental strategies to expand their market share, exploit the business travel market opportunities, and increase profitability in the market. The key players profiled in this report include Airbnb, Inc., American Express, BCD Group, Booking Holdings, Inc., Carlson Wagonlit Travel, Corporate Travel Management, Expedia, Inc., Fareportal, Flight Centre Travel Group Limited, and Wexas Limited.

Key benefits for stakeholders

  • The study provides an in-depth analysis of the global business travel market, with current and future trends elucidating the imminent investment pockets in the market.
  • Current and future trends are outlined in the report to determine the overall market attractiveness and single out profitable trends to gain a stronger foothold in the market.
  • The report provides information regarding drivers, restraints, and opportunities with impact analysis.
  • A quantitative analysis of the current market and estimation for the same from 2020 t2028 is provided to showcase the financial competency of the market.
  • Porter’s five forces model of the industry illustrates the competitiveness of the market by analyzing various parameters such as the threat of new entrants, the threat of substitutes, the bargaining power of the buyers, and the bargaining power of the suppliers operating in the market.
  • Competitive intelligence highlights the business practices followed by the leading market players across various regions.

Business Travel Market Segments

Business Travel Market by Industry

    • Government
    • Corporate

Business Travel Market by Service

    • Transportation
    • Food & Lodging
    • Recreation

Business Travel Market by Traveler

    • Group
    • Solo

Business Travel Market by Region

    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Spain
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Turkey
      • South Africa
      • Saudi Arabia
      • Rest of LAMEA

Major Players in the Business Travel Market

  • Airbnb Inc
  • American Express Company
  • Bcd Group (Bcd Travel)
  • Booking Holdings, Inc
  • Carlson Wagonlit Travel (Cwt)
  • Corporate Travel Management
  • Expedia, Inc
  • Fareportal, Inc
  • Flight Centre Travel Group Limited
  • Wexas Limited

Scope of the Business Travel Market Report

Report Metric

Details

Report Name

Business Travel Market

The market size in 2020

USD 695.9 Billion

The revenue forecast in 2028

USD 2,001.1 Billion

Growth Rate

Compound Annual Growth Rate (CAGR) of 13.2% from 2021 to 2028

Market size available for years

2021-2028

Forecast units

Value (USD)

Segments covered

Service, Industry, Traveler, Regions

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. What will be the global business travel market size from 2020 to 2028?

Ans. The global business travel market size was valued at $695.9 billion in 2020 and is expected to reach $2,001.1 billion by 2028

2. What are the upcoming trends in business travel Industry?

Ans. Bleisure travel (business + leisure), the development of smart hotels, virtual reality for hotel bookings, and personalization are all aspects that are fueling the business travel market.

3. What is the growth rate of the global business travel market during the forecast period?

Ans. The global business travel market is estimated to grow with a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period.

4. Which is the most influencing segment growing in the business travel market report?

Ans. By Service, Food & Lodging segment is expected to grow at highest CAGR of 14.2% during the forecast period

5. Which region is and will provide more business opportunities for business travel in the future?

Ans. The Asia Pacific is and will provide more business opportunities for business travel in the future and it is expected to grow at the highest CAGR of 14.4% during the forecast period.

6. Who are the top companies hold the market share in business travel?

Ans. The key players profiled in this report include Airbnb, Inc., American Express, BCD Group, Booking Holdings, Inc., Carlson Wagonlit Travel, Corporate Travel Management, Expedia, Inc., Fareportal, Flight Centre Travel Group Limited, and Wexas Limited.

Table of Content

 

CHAPTER 1:INTRODUCTION

1.1.Key benefits for stakeholders
1.2.Key market segments
1.3.Research methodology

1.3.1.Secondary research
1.3.2.Primary research
1.3.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Top Player Positioning
3.3.Parent market overview: Business Travel market (2020)
3.4.Key findings

3.4.1.Top investment pockets

3.5.Porter’s five forces analysis
3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Globalization is positively impacting business travel
3.6.1.2.Rapid growth of SMEs
3.6.1.3.Development of global tourism industry

3.6.2.Restraint

3.6.2.1.Growing adoption of ICT technology

3.6.3.Opportunities

3.6.3.1.Adoption of different technological advancements
3.6.3.2.Growing infrastructure

3.7.COVID-19 impact and analysis
3.8.Top Impacting Factors

CHAPTER 4:BUSINESS TRAVEL MARKET, BY SERVICE

4.1.Overview

4.1.1.Market size and forecast

4.2.Transportation

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast

4.3.Food & Lodging

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast

4.4.Recreation

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast

CHAPTER 5:BUSINESS TRAVEL MARKET, BY INDUSTRY

5.1.Overview

5.1.1.Market size and forecast

5.2.Government

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast

5.3.Corporate

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast

CHAPTER 6:BUSINESS TRAVEL MARKET, BY TRAVELER

6.1.Overview

6.1.1.Market size and forecast

6.2.Group

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast

6.3.Solo

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast

CHAPTER 7:BUSINESS TRAVEL MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by service
7.2.3.Market size and forecast, by industry
7.2.4.Market size and forecast, by traveler
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by service
7.2.5.1.2.Market size and forecast, by industry
7.2.5.1.3.Market size and forecast, by traveler

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by service
7.2.5.2.2.Market size and forecast, by industry
7.2.5.2.3.Market size and forecast, by traveler

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by service
7.2.5.3.2.Market size and forecast, by industry
7.2.5.3.3.Market size and forecast, by traveler

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by service
7.3.3.Market size and forecast, by industry
7.3.4.Market size and forecast, by traveler
7.3.5.Market size and forecast, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by service
7.3.5.1.2.Market size and forecast, by industry
7.3.5.1.3.Market size and forecast, by traveler

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by service
7.3.5.2.2.Market size and forecast, by industry
7.3.5.2.3.Market size and forecast, by traveler

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by service
7.3.5.3.2.Market size and forecast, by industry
7.3.5.3.3.Market size and forecast, by traveler

7.3.5.4.Spain

7.3.5.4.1.Market size and forecast, by service
7.3.5.4.2.Market size and forecast, by industry
7.3.5.4.3.Market size and forecast, by traveler

7.3.5.5.Italy

7.3.5.5.1.Market size and forecast, by service
7.3.5.5.2.Market size and forecast, by industry
7.3.5.5.3.Market size and forecast, by traveler

7.3.5.6.Rest of Europe

7.3.5.6.1.Market size and forecast, by service
7.3.5.6.2.Market size and forecast, by industry
7.3.5.6.3.Market size and forecast, by traveler

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by service
7.4.3.Market size and forecast, by industry
7.4.4.Market size and forecast, by traveler
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by service
7.4.5.1.2.Market size and forecast, by industry
7.4.5.1.3.Market size and forecast, by traveler

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by service
7.4.5.2.2.Market size and forecast, by industry
7.4.5.2.3.Market size and forecast, by traveler

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by service
7.4.5.3.2.Market size and forecast, by industry
7.4.5.3.3.Market size and forecast, by traveler

7.4.5.4.Rest of Asia-Pacific

7.4.5.4.1.Market size and forecast, by service
7.4.5.4.2.Market size and forecast, by industry
7.4.5.4.3.Market size and forecast, by traveler

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by service
7.5.3.Market size and forecast, by industry
7.5.4.Market size and forecast, by traveler
7.5.5.Market size and forecast, by country

7.5.5.1.Brazil

7.5.5.1.1.Market size and forecast, by service
7.5.5.1.2.Market size and forecast, by industry
7.5.5.1.3.Market size and forecast, by traveler

7.5.5.2.Turkey

7.5.5.2.1.Market size and forecast, by service
7.5.5.2.2.Market size and forecast, by industry
7.5.5.2.3.Market size and forecast, by traveler

7.5.5.3.South Africa

7.5.5.3.1.Market size and forecast, by service
7.5.5.3.2.Market size and forecast, by industry
7.5.5.3.3.Market size and forecast, by traveler

7.5.5.4.Saudi Arabia

7.5.5.4.1.Market size and forecast, by service
7.5.5.4.2.Market size and forecast, by industry
7.5.5.4.3.Market size and forecast, by traveler

7.5.5.5.Rest of LAMEA

7.5.5.5.1.Market size and forecast, by service
7.5.5.5.2.Market size and forecast, by industry
7.5.5.5.3.Market size and forecast, by traveler

CHAPTER 8:COMPETITION LANDSCAPE

8.1.Top winning strategies
8.2.Product mapping
8.3.Competitive dashboard
8.4.Competitive heat map
8.5.Key developments

8.5.1.Acquisition
8.5.2.Partnership
8.5.3.Product Launch
8.5.4.Joint Venture
8.5.5.Agreement

CHAPTER 9:COMPANY PROFILES

9.1.AIRBNB INC.

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.R&D Expenditure
9.1.7.Business performance
9.1.8.Key strategic moves and developments

9.2.AMERICAN EXPRESS COMPANY

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.Business performance
9.2.7.Key strategic moves and developments

9.3.BCD GROUP (BCD TRAVEL)

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.3.5.Key strategic moves and developments

9.4.BOOKING HOLDINGS, INC.

9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.4.5.Business performance
9.4.6.Key strategic moves and developments

9.5.CARLSON WAGONLIT TRAVEL (CWT)

9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Key strategic moves and developments

9.6.CORPORATE TRAVEL MANAGEMENT

9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Business performance
9.6.7.Key strategic moves and developments

9.7.EXPEDIA, INC.

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance

9.8.FAREPORTAL, INC.

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Product portfolio
9.8.5.Key strategic moves and developments

9.9.FLIGHT CENTRE TRAVEL GROUP LIMITED

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.Business performance
9.9.7.Key strategic moves and developments

9.10.WEXAS LIMITED

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Product portfolio

Table 01.Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 02.Transportation Business Travel Market Revenue, By Region, 2020–2028 ($Billion)

Table 03.Food & Lodging Business Travel Market Revenue, By Region, 2020–2028 ($Billion)

Table 04.Recreation Business Travel Market Revenue, By Region, 2020–2028 ($Billion)

Table 05.Business Travel Market Revenue, By Industry 2020–2028 ($Billion)

Table 06.Government Business Travel Market Revenue, By Region, 2020–2028 ($Billion)

Table 07.Corporate Business Travel Market Revenue, By Region, 2020–2028 ($Billion)

Table 08.Business Travel Market Revenue, By Traveler 2020–2028 ($Billion)

Table 09.Group Business Travel Market Revenue, By Region, 2020–2028 ($Billion)

Table 10.Solo Business Travel Market Revenue, By Region, 2020–2028 ($Billion)

Table 11.Business Travel Market Revenue, By Region, 2020–2028 ($Billion)

Table 12.North America Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 13.North America Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 14.North America Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 15.North America Business Travel Market Revenue, By Country, 2020–2028 ($Billion)

Table 16.U.S. Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 17.U.S. Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 18.U.S. Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 19.Canada Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 20.Canada Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 21.Canada Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 22.Mexico Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 23.Mexico Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 24.Mexico Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 25.Europe Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 26.Europe Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 27.Europe Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 28.Europe Business Travel Market Revenue, By Country, 2020–2028 ($Billion)

Table 29.Uk Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 30.Uk Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 31.Uk Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 32.Germany Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 33.Germany Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 34.Germany Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 35.France Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 36.France Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 37.France Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 38.Spain Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 39.Spain Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 40.Spain Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 41.Italy Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 42.Italy Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 43.Italy Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 44.Rest Of Europe Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 45.Rest Of Europe Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 46.Rest Of Europe Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 47.Asia-Pacific Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 48.Asia-Pacific Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 49.Asia-Pacific Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 50.Asia-Pacific Business Travel Market Revenue, By Country, 2020–2028 ($Billion)

Table 51.China Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 52.China Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 53.China Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 54.Japan Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 55.Japan Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 56.Japan Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 57.India Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 58.India Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 59.India Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 60.Rest Of Asia-Pacific Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 61.Rest Of Asia-Pacific Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 62.Rest Of Asia-Pacific Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 63.Lamea Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 64.Lamea Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 65.Lamea Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 66.Lamea Business Travel Market Revenue, By Country, 2020–2028 ($Billion)

Table 67.Brazil Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 68.Brazil Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 69.Brazil Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 70.Turkey Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 71.Turkey Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 72.Turkey Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 73.South Africa Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 74.South Africa Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 75.South Africa Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 76.Saudi Arabia Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 77.Saudi Arabia Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 78.Saudi Arabia Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 79.Rest Of Lamea Business Travel Market Revenue, By Service, 2020–2028 ($Billion)

Table 80.Rest Of Lamea Business Travel Market Revenue, By Industry, 2020–2028 ($Billion)

Table 81.Rest Of Lamea Business Travel Market Revenue, By Traveler, 2020–2028 ($Billion)

Table 82.Airbnb: Key Executives

Table 83.Airbnb: Company Snapshot

Table 84.Airbnb: Operating Segments

Table 85.Airbnb: Product Portfolio

Table 86.Airbnb: R&D Expenditure, 2018–2020 ($Million)

Table 87.Airbnb: Net Sales, 2018–2020 ($Million)

Table 88.Key Strategic Moves And Developments

Table 89.American Express: Key Executives

Table 90.American Express: Company Snapshot

Table 91.American Express: Operating Segments

Table 92.American Express: Product Portfolio

Table 93.American Express: Net Sales, 2018–2020 ($Million)

Table 94.Key Strategic Moves And Developments

Table 95.Bcd Group: Key Executives

Table 96.Bcd Group: Company Snapshot

Table 97.Bcd Group: Product Portfolio

Table 98.Key Strategic Moves And Developments

Table 99.Booking Holdings, Inc.: Key Executives

Table 100.Booking Holdings, Inc.: Company Snapshot

Table 101.Booking Holdings, Inc.: Product Portfolio

Table 102.Booking Holdings, Inc.: Net Sales, 2018–2020 ($Million)

Table 103.Key Strategic Moves And Developments

Table 104.Cwt: Key Executives

Table 105.Cwt: Company Snapshot

Table 106.Cwt: Product Portfolio

Table 107.Key Strategic Moves And Developments

Table 108.Ctm: Key Executives

Table 109.Ctm: Company Snapshot

Table 110.Ctm: Operating Segments

Table 111.Ctm: Product Portfolio

Table 112.Ctm: Net Sales, 2018–2020 ($Million)

Table 113.Key Strategic Moves And Developments

Table 114.Expedia Inc.: Key Executives

Table 115.Expedia Inc.: Company Snapshot

Table 116.Expedia Inc.: Operating Segments

Table 117.Expedia Inc.: Product Portfolio

Table 118.Expedia Inc.: Net Sales, 2018–2020 ($Million)

Table 119.Fareportal: Key Executives

Table 120.Fareportal: Company Snapshot

Table 121.Fareportal: Product Portfolio

Table 122.Key Strategic Moves And Developments

Table 123.Flight Centre Travel Group Limited: Key Executives

Table 124.Flight Centre Travel Group Limited: Company Snapshot

Table 125.Flight Centre Travel Group Limited: Operating Segments

Table 126.Flight Centre Travel Group Limited: Product Portfolio

Table 127.Flight Centre Travel Group Limited: Net Sales, 2018–2020 ($Million)

Table 128.Key Strategic Moves And Developments

Table 129.Wexas Limited: Key Executives

Table 130.Wexas Limited: Company Snapshot

Table 131.Wexas Limited: Product Portfolio

 

List Of Figures

 

Figure 01.Key Market Segments

Figure 02.Business Travel Market Snapshot

Figure 03.Business Travel Market: Segmentation

Figure 04.Top Player Positioning

Figure 05.Parent: Peer Market Overview

Figure 06.Top Investment Pockets

Figure 07.Moderate Bargaining Power Of Suppliers

Figure 08.Moderate Bargaining Power Of Buyers

Figure 09.Moderate Threat Of Substitution

Figure 10.Moderate Threat Of New Entrants

Figure 11.Moderate Intensity Of Competitive Rivalry

Figure 12.Business Travel Market: Drivers, Restraints, And Opportunities

Figure 13.Top Impacting Factors

Figure 14.Business Travel Market, By Service, 2020 (%)

Figure 15.Transportation Business Travel Market, Comparative Country Market Share Analysis,  2020 And 2028 (%)

Figure 16.Food & Lodging Business Travel Market, Comparative Regional Market Share Analysis,  2020 And 2028 (%)

Figure 17.Recreation Business Travel Market, Comparative Regional Market Share Analysis, 2020 And 2028 (%)

Figure 18.Business Travel Market, By Industry, 2020 (%)

Figure 19.Government Business Travel Market, Comparative Country Market Share Analysis, 2020 And 2028 (%)

Figure 20.Corporate Business Travel Market, Comparative Regional Market Share Analysis, 2020 And 2028 (%)

Figure 21.Business Travel Market, By Traveler, 2020 (%)

Figure 22.Group Business Travel Market, Comparative Country Market Share Analysis,  2020 And 2028 (%)

Figure 23.Solo Business Travel Market, Comparative Regional Market Share Analysis, 2020 And 2028 (%)

Figure 24.Business Travel Market, By Region, 2020 (%)

Figure 25.U.S. Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 26.Canada Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 27.Mexico Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 28.Uk Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 29.Germany Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 30.France Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 31.Spain Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 32.Italy Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 33.Rest Of Europe Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 34.China Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 35.Japan Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 36.India Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 37.Rest Of Asia-Pacific Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 38.Brazil Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 39.Turkey Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 40.South Africa Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 41.Saudi Arabia Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 42.Rest Of Lamea Business Travel Market Revenue, 2020–2028 ($Billion)

Figure 43.Top Winning Strategies, By Year, 2018–2021*

Figure 44.Top Winning Strategies, By Development, 2018–2021* (%)

Figure 45.Top Winning Strategies, By Company, 2018–2021*

Figure 46.Product Mapping Of Top 10 Key Players

Figure 47.Competitive Dashboard Of Top 10 Key Players

Figure 48.Competitive Heatmap Of Top 10 Key Players

Figure 49.Airbnb: R&D Expenditure, 2018–2020 ($Million)

Figure 50.Airbnb: Net Sales, 2018–2020 ($Million)

Figure 51.Airbnb: Revenue Share By Region, 2020 (%)

Figure 52.American Express: Net Sales, 2018–2020 ($Million)

Figure 53.American Express: Revenue Share By Segment, 2020 (%)

Figure 54.American Express: Revenue Share By Region, 2020 (%)

Figure 55.Booking Holdings, Inc.: Net Sales, 2018–2020 ($Million)

Figure 56.Booking Holdings, Inc.: Revenue Share By Region, 2020 (%)

Figure 57.Ctm: Net Sales, 2018–2020 ($Million)

Figure 58.Ctm: Revenue Share By Region, 2020 (%)

Figure 59.Expedia Inc.: Net Sales, 2018–2020 ($Million)

Figure 60.Expedia Inc.: Revenue Share By Segment, 2020 (%)

Figure 61.Expedia Inc.: Revenue Share By Region, 2020 (%)

Figure 62.Flight Centre Travel Group Limited: Net Sales, 2018–2020 ($Million)

Figure 63.Flight Centre Travel Group Limited: Revenue Share By Segment, 2020 (%)

Figure 64.Flight Centre Travel Group Limited: Revenue Share By Region, 2020 (%

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