The business travel market should experience strong growth: Airbnb, Expedia, Fareportal

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Edison, New Jersey—(SBWIRE) – 02/10/2022 – Advance Market Analytics has published a new research publication on “Business Travel Market Insights, to 2027” with 232 pages and enriched with self-explained tables and graphs in a presentable format. In the study, you will find new evolving trends, drivers, restraints, and opportunities generated by targeting stakeholders associated with the market. Growth in the business travel market was mainly driven by increased R&D spending across the globe.

Some of the key players profiled in the study are:
Airbnb Inc. (USA), American Express Travel (USA), Expedia Inc. (USA), BCD Travel (Netherlands), Carlson Wagonlit Travel (India), Flight Center Travel Group (Australia), The Priceline Group (US) Fareportal, Inc. (US), Wexas Travel (US), Booking Holdings (US).

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Business Travel Report Scope
Business travel refers to travel for work or business. The business travel market has strong growth prospects due to corporate globalization. Air transport is the easiest and fastest mode of transport, that’s why professionals adopt air transport mode for business trips to visit the project site, promote products, establish new partnerships, etc Any further. Travel and tourism companies focus on marketing strategies to win customers. Also, the online airline ticket booking platform is growing, which is expected to boost the demand for business travel during the forecast period.

The titled segments and sub-sections of the market are illuminated below:
by industry (government, business), service (transportation, food and lodging, recreational activity), traveler (group, solo)

Market trends:
Rising popularity of flights as the fastest and easiest mode of travel
Focus on marketing strategies in the travel and tourism industry

Growing online booking platform for business travel
Growing demand for leisure facilities

Market factors:
Growth of the travel and tourism industry
Increase in corporate globalization

Low adoption rate in low- and middle-income countries

Regions included are: North America, Europe, Asia-Pacific, Oceania, South America, Middle East and Africa

Country level breakdown: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Netherlands, Spain, Italy, Belgium , Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand, etc.

If you have any questions regarding the Global Business Travel Market report, ask our [email protected]

Strategic Points Covered in Table of Content of Global Business Travel Market:
Chapter 1: Introduction, Market Driving Product Objective of Study and Research Scope of Business Travel Market
Chapter 2: Exclusive Summary – the basic information of the business travel market.
Chapter 3: Viewing market dynamics – drivers, trends and business travel challenges and opportunities
Chapter 4: Introducing Business Travel Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL Analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Product Display by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of Business Travel Market which includes its Competitive Landscape, Peer Group Analysis, BCG Matrix and Company Profile
Chapter 7: To assess the market by segments, by countries and by manufacturers/company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Viewing the appendix, methodology and data source

finally, Business Travel Market is a valuable source of advice for individuals and businesses.

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