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Global Briefing

Business Travel: A Challenging Recovery

May 2012

Price: US$2,000

About this Report

About this Report

The global business travel market recovered better than expected from the recession in 2009, but it is now facing challenges in Europe and the Middle East and Africa, where economic and political troubles are hindering faster growth. However, future performance is expected to be positive, and the key winners are Asia Pacific and Latin America. Globally, operators benefited from the recovery, re-investing their recovered profits in new services.


What this report includes

  • Up-to-the minute analysis of the latest trends in the industry
  • New product development, forecasts and other themes
  • Unique graphics and illustrated case studies
  • Most recent brand and company news
  • New insight into the size and shape of the market

Why buy this report

  • Clear, concise powerpoint format makes it easy to digest
  • Leading industry opinion keeps you abreast of latest news and trends
  • Forward-looking outlook on a category, market or issue affecting the industry
  • Latest five year forecasts assess how the market is predicted to develop
  • Understand the competitive environment, the leading players and brands

Table of Contents

Table of Contents

Introduction

Scope

Key findings

Global and regional analysis

Business travel recovers from the crisis

Business gains momentum compared to leisure tourism

Employment rising in other key emerging markets

Global business travel at a glance 2011

Asia Pacific leads growth

Eurozone debt crisis had minimal impact on business travel

Pockets of safety in the MENA see continued positive growth

Business spending increases

Corporate travel retail sales rebound

Winners and losers in business travel

Leading business cities

MICE tourism on the rise

International association meetings grow

Key trends and developments

Business spending is back, but different

Green travel among larger organisations

The challenges of going green

Evolution of technology and “virtual meetings”

Mobile devices in business boosts videoconferencing opportunities

Car rental companies innovate to improve business efficiency

Impact on categories

Premium business travel recovers

Low cost carriers maintain strong performance

The Asian LCC market

Asia Pacific leads car rental growth

Solutions for the use of social media in corporate travel

How travel managers use social media

GLOBAL PROSPECTS

Stable growth expected

Unemployment in the Euro-zone and EU

Domestic business trips to grow fast in Asia and Latin America

Global PROSPECTS

Fastest growth in China, India and the US

International trips record positive prospects

Fastest growing international business trips

Low cost carriers set for further growth

Business car rental growth resumes

Global prospects

Travel retail corporate business sales see steady growth

Report Definitions

Data parameters and report definitions

Definitions (2)

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