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
-
Booking in South Africa
... These include journeys that can be easily undertaken by bus, taxi, or private vehicle. Business travellers within the domestic market are also adopting a more last-minute approach, with catering companies and business venues reporting an ... Read More
-
Booking in Sweden
... owing to general inflation, booking value continues to enjoy a notable rise in 2023. The summer season is a popular time for Swedes to travel, with familiar destinations in the Mediterranean taking precedence, including Greece, ... Read More
-
Booking in Saudi Arabia
... all 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 ... Read More
-
Booking in Switzerland
... is rising steadily. Both online sales and customer advice and sales in physical travel agencies are proving to be popular. Meanwhile, business travel specialists are experiencing a steady return to normality, as well. Furthermore, with ... Read More
-
Booking in the United Kingdom
... recovery of leisure cruise and leisure packages. Cruise passengers remain loyal to booking via intermediaries, whilst packages are by their nature, sold via intermediaries. Between them, these categories account for an increasing share of intermediaries ... Read More
-
Booking in South Korea
... their 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 ... Read More
-
Booking in the United Arab Emirates
... particularly 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 ... Read More
-
Booking in Mexico
... exploration, 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 ... Read More
-
Booking in Taiwan
... was 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 ... Read More
-
Booking in Vietnam
... in 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 ... Read More
-
Booking in Spain
... as 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, ... Read More
-
Booking in Thailand
... still 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 ... Read More
-
Booking in Japan
... triggered 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 ... Read More
-
Booking in Ireland
... consumers keen to travel again after a few years of significant disruption and restrictions. There has been particularly high demand for beach and sun destinations such as Spain, Greece and Turkey with consumers keen to ... Read More
-
Booking in China
... accustomed 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 ... Read More
-
Booking in Canada
... a 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 ... Read More
-
Booking in the US
... the 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 ... Read More
-
Booking in Italy
... result, 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 ... Read More
-
Booking in Chile
... their 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 ... Read More
-
Booking in France
... two 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 ... Read More
-
Corporate Travel Services - Industry Market Research Report
... contributed to the contracting revenue for agencies. Demand for travel services is also influenced by the cost of travel, which has risen due to the low value of the pound and rising prices. However, the ... Read More
-
Global Business Travel Market 2023-2027
... market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the ... Read More
-
Belgium 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 Belgium Hotels Market ... Read More
-
Germany 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 Germany Hotels Market ... Read More
-
India 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 India Hotels Market ... Read More
Research Assistance
