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Business Travel Lodging Market Analysis 2022-2030

Published Date: July, 2022
No of Pages: 171
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Business Travel Lodging Market Research Analysis

Business travel lodging market size in 2020 was valued at $297.40 million. It is expected to grow at 14.77% CAGR from 2021-2028 to $450.80 billion.

Business travel trends post COVID

The cancellation of MICE events had a severe impact on business travel lodging. Nearly all MICE events around the world were cancelled due to COVID-19. MICE events were cancelled or delayed for indefinite periods during 2020. The Center for Exhibition Industry Research (CEIR) estimates that 72.6% of scheduled events were cancelled in the first quarter of 2020. This accounted for 15.1% of the industry’s loss.

The economy’s development depends on small and medium-sized businesses (SMEs). These businesses offer many job opportunities and are a significant sector that helps reduce unemployment even when large companies are closing down. The growth of SMEs is hampered by certain obstacles, such as limited SME financing and weak linkage to the external market.

Governments have taken numerous initiatives to sustain the economy, such as Skill India and Skill India, the District-level Incubation and Accelerator Programs in India and China, and SME Industrial Clustering, in other countries. Moreover, 95% of global businesses are made up of SMEs. Professionals worldwide have had more opportunities to travel on business because of the growth of SMEs. The business travel lodging market will continue to grow in the future.

There are many types of tourism: business, leisure, medical, and others. Lifestyle changes, increased tourism promotion, accessibility to transport facilities, and an increase in infrastructure are some factors that encourage the growth in the travel & tourism market. These factors will also help fuel the growth in the business travel market. Marketers have many opportunities due to technological advances, rapid industrialization, and rapid urbanization.

Business travelers seek new experiences in lodging and stay. The digitalization of travel has made it possible to book hotels and transport through online portals , this is expanding the hotel and lodging industry. The global market is growing due to continuous development in the tourism and travel industry and the integration of different segments like business travel lodging. The Growth of Business Travel is due to increasing industrialization and increased visits by investors for business expansion.

Business Travel Lodging Market Report Scope and Segmentation
ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2019-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

According to MWR, The hotel market industry has been negatively affected by the increased adoption of ICT technology. Every business’s primary goal is to maximize profit at a minimal cost. High investments often result in high revenue.

Future of travel industry after COVID

The recession and economic uncertainty have affected the market’s strength, which has led to a decline in sales. Many companies have begun adopting cost-cutting strategies, impacting their investment patterns. Business travel lodging can be expensive because it includes accommodation and food. If it’s an international trip, the cost is even higher.

Technological advancements have made this possible. Technology has made it possible to communicate and transact in real-time and at a lower cost through online banking, email, and phone calls. Companies are increasingly adopting various communication technologies, such as video conferencing via online platforms like Skype, FaceTime and Google Meet. In recent years, the low cost and high effectiveness associated with such technology have been a major inhibitor to business travel, lodging, and transportation growth.

Segment Review of Business Travel Lodging Market Report

Segmentation of the market is based on enterprise size. This includes small, medium, and large businesses. The global business travel lodging market is divided into healthcare, pharmaceutical, food and beverage, hospitality and IT, technology, telecom, finance, insurance, non-profit organizations, transport and logistics and retail and consumer goods. Energy and utilities, construction, engineering, and others.

To understand regional trends, the market is analyzed in North America, Europe and Asia-Pacific. To understand the potential and dynamics of the business travel lodging market, the report highlights the drivers and restraints and the growth strategies used by key players.

The global business travel lodging market can be divided based on enterprise size into small, medium, and large businesses. The largest segment with a market share in business travel lodging was the medium enterprises, which accounted for 34% of the global market. Large enterprises followed closely.

The large enterprise segment is growing in popularity with business travelers due to the increased amenities at these properties and the increased demand for comfort, entertainment, and leisure. This category is forecast to expand rapidly in the Global Business travel market.

The global business travel lodging market can be divided by industry into healthcare, pharmaceutical, food and beverage, hospitality and IT, technology, telecom, finance, insurance, non-profit organizations, transport and logistics and retail and consumer goods. Every industry has business travel as a key component of its growth. Some industries require more frequent travel to market and train employees. This requires providers to provide long or short lodging services.

Key Benefits for Stakeholders in business travel market Report

  • Global Business travel market size report presents a quantitative analysis of the market segments, current trends and dynamics of this market analysis between 2018-2030 to identify the most promising business travel lodging market opportunities.
  • Market research and information about key drivers, constraints, and opportunities are available.
  • Porter’s Five Forces Analysis identifies the potential of buyers and sellers to help stakeholders make a profit-oriented business decisions and strengthen their supplier-buyer relationships.
  • A detailed analysis of the market segmentation for business travel lodging helps identify the most promising market opportunities.
  • The major countries of each region are mapped based on their contribution to the global marketplace.
  • The positioning of market players facilitates benchmarking and provides a clear understanding of the current position of market players.
  • This report analyzes the global and regional market trends, key market players, market segments, application areas, and growth strategies for business travel industry.

Major Players

  • Airbnb, Inc. (US)
  • American Express Company (US)
  • BCD Group (Netherland)
  • Booking Holdings (US)
  • CWT Solutions (US)
  • Corporate Travel Management (Australia)
  • Expedia, Inc. (US)
  • Fareportal (US)
  • Flight Centre Travel Group Limited (formerly Flight Centre Limited) (US)
  • Wexas Travel (UK)
  • Hogg Robinson Ltd (UK)
  • Priceline (US)
  • Egencia LLC (US)
  • Frosch International Travel (UK)
  • Ovation Travel Group (US)
  • Travel Leaders Group (US)

Key Market Segments of Business Travel Lodging Market

  • Enterprise Size
    • Small Enterprises
    • Medium Enterprises
    • Large Enterprises
  • Industry
    • Construction And Engineering
    • Pharmaceutical And Healthcare
    • Agriculture Food and Beverage
    • Hospitality
    • Business Services And Consulting
    • It Technology And Telecom
    • Finance and Insurance
    • Non-Profit Organizations
    • Transport And Logistics
    • Retail and Consumer Goods
    • Energy And Utilities
    • Other

Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Northern Africa
    • Rest of MEA

Research Approach/Methodology

MWR’s research methodology is based on extensive use of secondary and primary data sources. The research involves the analysis of various aspects impacting the industry, including the policies of the government, the competitive landscape, the market environment and historical data, as well as current developments in the market technological innovation, emerging technologies, and the advancement of technology in related industries, and potential market risks as well as market barriers and issues.

Market Size Estimation

Bottom-up and top-down approaches are employed to verify the size of the global business travel lodging market and to estimate the size of the market for companies’ regions, regions segment as well as product segments and applications (end users). The market estimates are built on the product’s retail price (excluding discounts offered by the distributor, manufacturer, wholesaler, trader, or).

Partially splits, market shares and breakdown of product segments are calculated based on the weights allocated to each segment based on their usage rate and average sale price. The regional splits of the total product market and sub-segments are determined by the per cent of adoption or use of the particular product within the specific region or country.

Top key players on the business travel lodging market is determined through secondary data, and the market revenue is determined by secondary and primary approach. Secondary research comprised the study of financial and annual reports of the largest companies. In contrast, primary research involved extensive interviews with opinion makers and experts in the industry like experienced front-line employees, directors, CEOs, and marketing managers.

The market share, percentage splits and Growth Rate, as well as the market structure of the product, are calculated from secondary sources and then verified by primary sources. All potential factors that affect the markets are verified by conducting primary analysis, and then analyzed to obtain the final qualitative and quantitative results.

Market Breakdown, Data and Triangulation

After completing market engineering, including calculations of market statistics, size estimations, forecasting of market breakdown, and data triangulation, a lot of analysis are then conducted to collect details and to confirm the numbers to be verified.

Throughout the entire method of market engineering, top-down and bottom-up methods are were widely used, together with a variety of triangulation techniques for market estimation and forecasting of market trends for the entire market segment and sub-segments . A thorough analysis of quantitative data is also carried out using all the data gathered during the entire market engineering process to present important information throughout the research.

Data Sources of business travel lodging market

Secondary Sources

Secondary sources include annual reports, press releases, non-profit organizations and industry associations, government agencies, customs information, and others. This study focuses on extensive use of secondary sources, directories, databases, and directories like Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones and Company) and trading ECONOMICS and News Network, Statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS and company house documents CAS (American Chemical Society) and investor presentations along with SEC filings of corporations.

Secondary research are utilized to discover and gather details that could be used for a thorough technological, market-oriented and commercial analysis of the product market. It also helps collecting necessary information on the most prominent companies, market classification and segmentation by market trends from the lowest level, and critical technological and market developments.

Primary Sources of business travel lodging Market 

For the research process, different sources from both the demand and supply sides are being interviewed to collect quantitative and qualitative information. The primary sources on the supply side comprise companies (and their rivals) and opinion leaders, experts from the industry and research institutes, distributors, traders and dealers, raw material suppliers and producers, etc.

The primary sources for demand-side information are industry experts, such as business leaders, sales and marketing directors, directors of innovation and technology supply chain executives, the market (product buyers) and top executives from a variety of key organizations and companies operating globally.

The primary studies are then conducted to find segments, types of segmentation, price ranges, application of the product important company, raw materials supply and demand downstream as well as the status of the industry and its forecast, and the fundamental market dynamics, such as risk factors, influence factors and opportunities obstacles to market entry, trends in the industry, and the strategies of key players.

Impact of covid-19 on travel industry

To understand the impact of COVID, we must understand the supply chain of the industry and the value chain. By analysing the supply chain, we understand the bottlenecks affecting the industry’s growth. And by analysing the value chain, we understand what value each component adds to the entire industry. We then try to understand the COVID impact has on the industry by trying to find answers to the following questions: 

How many jobs have been lost?

How many people have died due to COVID?

How did the Government respond, and what measures Government has taken to revive a particular industry?

How companies have responded to COVID in business travel lodging market?

What growth rate companies are expecting?

We also analyse their annual reports and press releases to understand their
strategies post COVID. Then we move towards the primary research part and contact government officials and industry experts such as CEOs, COOs, Directors, VPs, Directors and Managers to understand what impact COVID has had on their businesses and what they are doing to cope with it.

We also try to understand their views regarding other financial aspects, such as recovery and obstacles in achieving pre-COVID growth and when they expect to achieve it.

Finally, after gathering the info from secondary and primary research, we try to form a model through which we gauge the COVID impact on a particular industry ( business travel lodging market).

Table of Contents

Table Of Contents

  • CHAPTER 1:INTRODUCTION
    • 1.1.Report description
    • 1.2.Key market segments
    • 1.3.Key benefits to the stakeholders
    • 1.4.Research Methodology
      • 1.4.1.Secondary research
      • 1.4.2.Primary research
      • 1.4.3.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.Key findings
      • 3.2.1.Top winning strategies
      • 3.2.2.Top investment pockets
    • 3.3.Porter’s five forces analysis
    • 3.4.Top player positioning
    • 3.5.Market dynamics
      • 3.5.1.Drivers
      • 3.5.2.Restraints
      • 3.5.3.Opportunities
    • 3.6.COVID-19 Impact Analysis on the market
    • 3.7.Pricing Analysis
  • CHAPTER 4: BUSINESS TRAVEL LODGING MARKET, BY ENTERPRISE SIZE
    • 4.1 Overview
    • 4.2 Small Enterprises
      • 4.2.1 Key market trends, growth factors and opportunities
      • 4.2.2 Market size and forecast, by region
      • 4.2.3 Market analysis by country
    • 4.3 Medium Enterprises
      • 4.3.1 Key market trends, growth factors and opportunities
      • 4.3.2 Market size and forecast, by region
      • 4.3.3 Market analysis by country
    • 4.4 Large Enterprises
      • 4.4.1 Key market trends, growth factors and opportunities
      • 4.4.2 Market size and forecast, by region
      • 4.4.3 Market analysis by country
  • CHAPTER 5: BUSINESS TRAVEL LODGING MARKET, BY INDUSTRY
    • 5.1 Overview
    • 5.2 Pharmaceutical And Healthcare
      • 5.2.1 Key market trends, growth factors and opportunities
      • 5.2.2 Market size and forecast, by region
      • 5.2.3 Market analysis by country
    • 5.3 Agriculture Food And Beverage
      • 5.3.1 Key market trends, growth factors and opportunities
      • 5.3.2 Market size and forecast, by region
      • 5.3.3 Market analysis by country
    • 5.4 Hospitality
      • 5.4.1 Key market trends, growth factors and opportunities
      • 5.4.2 Market size and forecast, by region
      • 5.4.3 Market analysis by country
    • 5.5 Business Services And Consulting
      • 5.5.1 Key market trends, growth factors and opportunities
      • 5.5.2 Market size and forecast, by region
      • 5.5.3 Market analysis by country
    • 5.6 It Technology And Telecom
      • 5.6.1 Key market trends, growth factors and opportunities
      • 5.6.2 Market size and forecast, by region
      • 5.6.3 Market analysis by country
    • 5.7 Finance And Insurance
      • 5.7.1 Key market trends, growth factors and opportunities
      • 5.7.2 Market size and forecast, by region
      • 5.7.3 Market analysis by country
    • 5.8 Non Profit Organizations
      • 5.8.1 Key market trends, growth factors and opportunities
      • 5.8.2 Market size and forecast, by region
      • 5.8.3 Market analysis by country
    • 5.9 Transport And Logistics
      • 5.9.1 Key market trends, growth factors and opportunities
      • 5.9.2 Market size and forecast, by region
      • 5.9.3 Market analysis by country
    • 6.0 Retail And Consumer Goods
      • 6.0.1 Key market trends, growth factors and opportunities
      • 6.0.2 Market size and forecast, by region
      • 6.0.3 Market analysis by country
    • 6.1 Energy And Utilities
      • 6.1.1 Key market trends, growth factors and opportunities
      • 6.1.2 Market size and forecast, by region
      • 6.1.3 Market analysis by country
    • 6.2 Construction And Engineering
      • 6.2.1 Key market trends, growth factors and opportunities
      • 6.2.2 Market size and forecast, by region
      • 6.2.3 Market analysis by country
    • 6.3 Others
      • 6.3.1 Key market trends, growth factors and opportunities
      • 6.3.2 Market size and forecast, by region
      • 6.3.3 Market analysis by country
  • CHAPTER 6: BUSINESS TRAVEL LODGING MARKET, BY REGION
    • 6.1 Overview
    • 6.2 North America
      • 6.2.1 Key trends and opportunities
      • 6.2.2 North America Market size & forecast, by Enterprise Size
      • 6.2.3 North America Market size & forecast, by Industry
      • 6.2.4 North America Market size & forecast, by country
        • 6.2.4.1 U.S.
          • 6.2.4.1.1 Market size & forecast, by Enterprise Size
          • 6.2.4.1.2 Market size & forecast, by Industry
        • 6.2.4.2 Canada
          • 6.2.4.2.1 Market size & forecast, by Enterprise Size
          • 6.2.4.2.2 Market size & forecast, by Industry
    • 6.3 Europe
      • 6.3.1 Key trends and opportunities
      • 6.3.2 Europe Market size & forecast, by Enterprise Size
      • 6.3.3 Europe Market size & forecast, by Industry
      • 6.3.4 Europe Market size & forecast, by country
        • 6.3.4.1 France
          • 6.3.4.1.1 Market size & forecast, by Enterprise Size
          • 6.3.4.1.2 Market size & forecast, by Industry
        • 6.3.4.2 United Kingdom
          • 6.3.4.2.1 Market size & forecast, by Enterprise Size
          • 6.3.4.2.2 Market size & forecast, by Industry
        • 6.3.4.3 Netherlands
          • 6.3.4.3.1 Market size & forecast, by Enterprise Size
          • 6.3.4.3.2 Market size & forecast, by Industry
        • 6.3.4.4 Germany
          • 6.3.4.4.1 Market size & forecast, by Enterprise Size
          • 6.3.4.4.2 Market size & forecast, by Industry
        • 6.3.4.5 Rest of Europe
          • 6.3.4.5.1 Market size & forecast, by Enterprise Size
          • 6.3.4.5.2 Market size & forecast, by Industry
    • 6.4 Asia-Pacific
      • 6.4.1 Key trends and opportunities
      • 6.4.2 Asia-Pacific Market size & forecast, by Enterprise Size
      • 6.4.3 Asia-Pacific Market size & forecast, by Industry
      • 6.4.4 Asia-Pacific Market size & forecast, by country
        • 6.4.4.1 China
          • 6.4.4.1.1 Market size & forecast, by Enterprise Size
          • 6.4.4.1.2 Market size & forecast, by Industry
        • 6.4.4.2 Rest Of Asia Pacific
          • 6.4.4.2.1 Market size & forecast, by Enterprise Size
          • 6.4.4.2.2 Market size & forecast, by Industry
    • 6.5 LAMEA
      • 6.5.1 Key trends and opportunities
      • 6.5.2 LAMEA Market size & forecast, by Enterprise Size
      • 6.5.3 LAMEA Market size & forecast, by Industry
      • 6.5.4 LAMEA Market size & forecast, by country
        • 6.5.4.1 Brazil
          • 6.5.4.1.1 Market size & forecast, by Enterprise Size
          • 6.5.4.1.2 Market size & forecast, by Industry
        • 6.5.4.2 Rest of LAMEA
          • 6.5.4.2.1 Market size & forecast, by Enterprise Size
          • 6.5.4.2.2 Market size & forecast, by Industry
  • CHAPTER 7: COMPANY LANDSCAPE
    • 7.1. Top winning strategies
    • 7.2. Product Mapping of Top 10 Player
    • 7.3. Competitive Dashboard
    • 7.4. Competitive Heatmap
    • 7.5 Key developments
      • 7.5.1. Acquisition
      • 7.5.2. Business Expansion
      • 7.5.3. Agreement
      • 7.5.4. Partnership
      • 7.5.5. Product Launch
  • CHAPTER 8: COMPANY PROFILES
    • 8.1 Travels Group
      • 8.1.1 Company overview
      • 8.1.2 Company snapshot
      • 8.1.3 Operating business segments
      • 8.1.4 Product portfolio
      • 8.1.5 Business performance
      • 8.1.6 Key strategic moves and developments
  • LIST OF TABLES
    • TABLE 1. GLOBAL BUSINESS TRAVEL LODGING MARKET, BY ENTERPRISE SIZE, 2018-2028,($BILLION)
    • TABLE 2. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR SMALL ENTERPRISES, BY REGION , 2018-2028,($BILLION)
    • TABLE 3. BUSINESS TRAVEL LODGING MARKET SMALL ENTERPRISES BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 4. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR MEDIUM ENTERPRISES, BY REGION , 2018-2028,($BILLION)
    • TABLE 5. BUSINESS TRAVEL LODGING MARKET MEDIUM ENTERPRISES BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 6. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR LARGE ENTERPRISES, BY REGION , 2018-2028,($BILLION)
    • TABLE 7. BUSINESS TRAVEL LODGING MARKET LARGE ENTERPRISES BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 8. GLOBAL BUSINESS TRAVEL LODGING MARKET, BY INDUSTRY, 2018-2028,($BILLION)
    • TABLE 9. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR PHARMACEUTICAL AND HEALTHCARE, BY REGION , 2018-2028,($BILLION)
    • TABLE 10. BUSINESS TRAVEL LODGING MARKET PHARMACEUTICAL AND HEALTHCARE BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 11. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR AGRICULTURE FOOD AND BEVERAGE, BY REGION , 2018-2028,($BILLION)
    • TABLE 12. BUSINESS TRAVEL LODGING MARKET AGRICULTURE FOOD AND BEVERAGE BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 13. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR HOSPITALITY, BY REGION , 2018-2028,($BILLION)
    • TABLE 14. BUSINESS TRAVEL LODGING MARKET HOSPITALITY BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 15. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR BUSINESS SERVICES AND CONSULTING, BY REGION , 2018-2028,($BILLION)
    • TABLE 16. BUSINESS TRAVEL LODGING MARKET BUSINESS SERVICES AND CONSULTING BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 17. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR IT TECHNOLOGY AND TELECOM, BY REGION , 2018-2028,($BILLION)
    • TABLE 18. BUSINESS TRAVEL LODGING MARKET IT TECHNOLOGY AND TELECOM BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 19. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR FINANCE AND INSURANCE, BY REGION , 2018-2028,($BILLION)
    • TABLE 20. BUSINESS TRAVEL LODGING MARKET FINANCE AND INSURANCE BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 21. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR NON PROFIT ORGANIZATIONS, BY REGION , 2018-2028,($BILLION)
    • TABLE 22. BUSINESS TRAVEL LODGING MARKET NON PROFIT ORGANIZATIONS BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 23. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR TRANSPORT AND LOGISTICS, BY REGION , 2018-2028,($BILLION)
    • TABLE 24. BUSINESS TRAVEL LODGING MARKET TRANSPORT AND LOGISTICS BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 25. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR RETAIL AND CONSUMER GOODS, BY REGION , 2018-2028,($BILLION)
    • TABLE 26. BUSINESS TRAVEL LODGING MARKET RETAIL AND CONSUMER GOODS BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 27. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR ENERGY AND UTILITIES, BY REGION , 2018-2028,($BILLION)
    • TABLE 28. BUSINESS TRAVEL LODGING MARKET ENERGY AND UTILITIES BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 29. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR CONSTRUCTION AND ENGINEERING, BY REGION , 2018-2028,($BILLION)
    • TABLE 30. BUSINESS TRAVEL LODGING MARKET CONSTRUCTION AND ENGINEERING BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 31. BUSINESS TRAVEL LODGING MARKET REVENUE, FOR OTHERS, BY REGION , 2018-2028,($BILLION)
    • TABLE 32. BUSINESS TRAVEL LODGING MARKET OTHERS BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 33. BUSINESS TRAVEL LODGING MARKET, BY REGION, 2018-2028,($BILLION)
    • TABLE 34. NORTH AMERICA BUSINESS TRAVEL LODGING MARKET, BY ENTERPRISE SIZE, 2018-2028,($BILLION)
    • TABLE 35. NORTH AMERICA BUSINESS TRAVEL LODGING MARKET, BY INDUSTRY, 2018-2028,($BILLION)
    • TABLE 36. NORTH AMERICA BUSINESS TRAVEL LODGING MARKET, BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 37. U.S. BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 38. U.S. BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 39. CANADA BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 40. CANADA BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 41. EUROPE BUSINESS TRAVEL LODGING MARKET, BY ENTERPRISE SIZE, 2018-2028,($BILLION)
    • TABLE 42. EUROPE BUSINESS TRAVEL LODGING MARKET, BY INDUSTRY, 2018-2028,($BILLION)
    • TABLE 43. EUROPE BUSINESS TRAVEL LODGING MARKET, BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 44. FRANCE BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 45. FRANCE BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 46. UNITED KINGDOM BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 47. UNITED KINGDOM BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 48. NETHERLANDS BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 49. NETHERLANDS BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 50. GERMANY BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 51. GERMANY BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 52. REST OF EUROPE BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 53. REST OF EUROPE BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 54. ASIA-PACIFIC BUSINESS TRAVEL LODGING MARKET, BY ENTERPRISE SIZE, 2018-2028,($BILLION)
    • TABLE 55. ASIA-PACIFIC BUSINESS TRAVEL LODGING MARKET, BY INDUSTRY, 2018-2028,($BILLION)
    • TABLE 56. ASIA-PACIFIC BUSINESS TRAVEL LODGING MARKET, BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 57. CHINA BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 58. CHINA BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 59. REST OF ASIA PACIFIC BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 60. REST OF ASIA PACIFIC BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 61. LAMEA BUSINESS TRAVEL LODGING MARKET, BY ENTERPRISE SIZE, 2018-2028,($BILLION)
    • TABLE 62. LAMEA BUSINESS TRAVEL LODGING MARKET, BY INDUSTRY, 2018-2028,($BILLION)
    • TABLE 63. LAMEA BUSINESS TRAVEL LODGING MARKET, BY COUNTRY, 2018-2028,($BILLION)
    • TABLE 64. BRAZIL BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 65. BRAZIL BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
    • TABLE 66. REST OF LAMEA BUSINESS TRAVEL LODGING MARKET BY ENTERPRISE SIZE 2018-2028,($BILLION)
    • TABLE 67. REST OF LAMEA BUSINESS TRAVEL LODGING MARKET BY INDUSTRY 2018-2028,($BILLION)
  • LIST OF FIGURES

  • FIGURE 01. KEY MARKET SEGMENTS
    FIGURE 02. EXECUTIVE SUMMARY
    FIGURE 03. TOP INVESTMENT POCKETS, 2021-2028
    FIGURE 04. MODERATE BARGAINING POWER OF PROVIDERS
    FIGURE 05. HIGH THREAT OF NEW ENTRANTS
    FIGURE 06. MODERATE THREAT OF SUBSTITUTES
    FIGURE 07. HIGH INTENSITY OF RIVALRY
    FIGURE 08. MODERATE BARGAINING POWER OF BUYERS
    FIGURE 09. GLOBAL BUSINESS TRAVEL LODGING MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
    FIGURE 10. BUSINESS TRAVEL LODGING MARKET, BY ENTERPRISE SIZE, 2020 (%)
    FIGURE 11. COMPARATIVE SHARE ANALYSIS OF SMALL ENTERPRISES REVENUE, BY COUNTRY, 2020 & 2028 (%)
    FIGURE 12. COMPARATIVE SHARE ANALYSIS OF MEDIUM ENTERPRISES REVENUE, BY COUNTRY, 2020 & 2028 (%)
    FIGURE 13. COMPARATIVE SHARE ANALYSIS OF LARGE ENTERPRISES REVENUE, BY COUNTRY, 2020 & 2028 (%)
    FIGURE 14. BUSINESS TRAVEL LODGING MARKET, BY INDUSTRY, 2020 (%)
    FIGURE 15. BUSINESS TRAVEL LODGING MARKET, BY REGION, 2020 (%)
    FIGURE 16. U.S. BUSINESS TRAVEL LODGING MARKET, 2018–2028 ($BILLION)
    FIGURE 17. REST OF NORTH AMERICA BUSINESS TRAVEL LODGING MARKET, 2018–2028 ($BILLION)
    FIGURE 18. FRANCE BUSINESS TRAVEL LODGING MARKET, 2018–2028 ($BILLION)
    FIGURE 19. UK BUSINESS TRAVEL LODGING MARKET, 2018–2028 ($BILLION)
    FIGURE 20. NETHERLANDS BUSINESS TRAVEL LODGING MARKET, 2018–2028 ($BILLION)
    FIGURE 21. GERMANY BUSINESS TRAVEL LODGING MARKET, 2018–2028 ($BILLION)
    FIGURE 22. REST OF EUROPE BUSINESS TRAVEL LODGING MARKET, 2018–2028 ($BILLION)

Segmentation

Key Market Segments

  • Enterprise Size
    • Small Enterprises
    • Medium Enterprises
    • Large Enterprises
  • Industry
    • Construction And Engineering
    • Pharmaceutical And Healthcare
    • Agriculture Food and Beverage
    • Hospitality
    • Business Services And Consulting
    • It Technology And Telecom
    • Finance and Insurance
    • Non-Profit Organizations
    • Transport And Logistics
    • Retail and Consumer Goods
    • Energy And Utilities
    • Other

Major Companies

  • Airbnb, Inc. (US)
  • American Express Company (US)
  • BCD Group (Netherland)
  • Booking Holdings (US)
  • CWT Solutions (US)
  • Corporate Travel Management (Australia)
  • Expedia, Inc. (US)
  • Fareportal (US)
  • Flight Centre Travel Group Limited (formerly Flight Centre Limited) (US)
  • Wexas Travel (UK)
  • Hogg Robinson Ltd (UK)
  • Priceline (US)
  • Egencia LLC (US)
  • Frosch International Travel (UK)
  • Ovation Travel Group (US)
  • Travel Leaders Group (US)

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