• Business Travel Market Growing Worldwide

    5 monthes ago - By Global Traveler

    The market for business travel worldwide, worth around $1.304 billion in 2017, is growing and will reach $1.657 billion by 2023.
    The estimate comes from a forecast by Allied Market Research, which cited increases in travel and tourism overall, plus increases in the globalization of business and infrastructure investments by local governments that create “lucrative opportunities for the market players in future.”
    The report showed food and lodging made up half of the business travel market in 2017.
    Corporate business travel represented more than 64 percent of business travel...
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