Internet Travel Monitor - Marketing, Research & Tech
September 19, 2018
4 Trends in U.S. Corporate Travel
Phocuswright has identified key insights into the solid and steady rise of the U.S. corporate travel segment in 2017, based on a combination of market sizing, travel spend estimates from U.S. supplier revenue, a travel manager survey, and industry executive interviews.
Helped by rising business confidence and innovations driving traveler behavior, the managed corporate segment represented about a third of the total U.S. travel market and reached US$119 billion in 2017.
Here are four trends Phocuswright analysts identified in the U.S. corporate travel segment:
Despite the global economy's twists and turns and the possibility of a global trade war looming, the U.S. corporate travel market is expected to continue on its growth path.
Copyright 2018 Northstar Travel Media LLC. All rights reserved. From https://www.phocuswright.com.
Analyst: Phocuswright Research
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