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Corporate Travel Services in Australia - Industry Market Research Report

Publisher IBISWorld
Published Jan 23, 2025
Length 76 Pages
SKU # IBSS19605634

Description

Corporate Travel Services in Australia

The Corporate Travel Services industry has undergone significant structural changes over the past decade. Technology, particularly relating to online sales platforms, has enabled corporate travel agents to increase automation and reduce their operating costs. Conversely, new technology has also exposed the industry to greater competition from upstream travel product providers, like airlines and hotel chains. These competitors have increasingly adopted new technology that allows businesses to bypass corporate travel agents. The growing popularity of online meeting platforms, like Zoom or Microsoft Teams, has also enabled businesses to reduce their travel budgets by conducting business meetings online.

Industry firms cater for business and government clients travelling for business purposes. These agencies package accommodation, transport and leisure services for corporate clients, and work for commission. This industry includes online corporate travel agencies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

76 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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