Business travel growth predicted for coming years

business travel

The business travel market is forecasted to grow by US$1535.23 billion during 2022-2027, accelerating at a combined annual growth rate of 24.42 per cent during the forecast period

The report on the business travel 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 latest trends and drivers, and the overall market environment.

The market is driven by growing technological advances, the digitalisation of travel payments, and the availability of business services in hotels.

Companies mentioned in this report include; ADTRAV Corp., Airbnb Inc., American Express Global Business Travel GBT, ATG Travel Worldwide BV, BCD Travel Services BV, Booking Holdings Inc., Christopherson Business Travel, CWT Global BV and more.