Business Travel Lodging Global Market Report 2024

Global Business Travel Lodging Market Report 2024

Business Travel Lodging Global Market Report 2024 – By Type (Hotels, Motels, Serviced Apartments, Vacation Rentals, Other Types), By Price Range (Economy Or Budget, Mid-scale, Upscale Or Luxury), By Traveler Type (Solo Travelers, Croup Travelers, Business Travelers, Leisure Travelers), By Booking Channel (Online Travel Agencies (OTAs), Direct Booking, Corporate Bookings), By Industry (Construction And Engineering, Pharmaceutical And Healthcare, Agriculture Food And Beverage, Hospitality, Business Services And Consulting, Information Technology (IT) And Telecom, Finance And Insurance, Non Profit Organizations, Transport And Logistics, Other Industries) – Market Size, Trends, And Global Forecast 2024-2033

Name: Business Travel Lodging Global Market Report 2024
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Business Travel Lodging Global Market Report 2024

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Business Travel Lodging Global Market Report 2024

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Business Travel Lodging Market Definition

Business travel lodging refers to the accommodations or lodgings that people or businesses reserve for themselves or their workers when traveling for business. These lodging options offer amenities and services that facilitate a productive and comfortable stay for individuals traveling for work purposes.

The main types of business travel lodging are motels, serviced apartments, and vacation rentals. A hotel is a type of lodging that provides rooms for rent as well as other amenities such as a restaurant, bar, and fitness center. The various price ranges include economy or budget, mid-scale, and upscale or luxury. The various traveler types include solo travelers, croup travelers, business travelers, and leisure travelers, who can book through various booking channels, such as online travel agencies (OTAs), direct booking, and corporate bookings. These are used by various industries such as construction and engineering, pharmaceutical and healthcare, agriculture food and beverage, hospitality, business services and consulting, information technology(IT) and telecom, finance and insurance, non-profit organizations, transport and logistics, and others.

Business Travel Lodging Market Segmentation

The business travel lodging market covered in this report is segmented –

1) By Type: Hotels, Motels, Serviced Apartments, Vacation Rentals, Other Types

2) By Price Range: Economy Or Budget, Mid-scale, Upscale Or Luxury

3) By Traveler Type: Solo Travelers, Croup Travelers, Business Travelers, Leisure Travelers

4) By Booking Channel: Online Travel Agencies (OTAs), Direct Booking, Corporate Bookings

5) By Industry: Construction And Engineering, Pharmaceutical And Healthcare, Agriculture Food And Beverage, Hospitality, Business Services And Consulting, Information Technology(IT) And Telecom, Finance And Insurance, Non Profit Organizations, Transport And Logistics, Other Industries

Global Business Travel Lodging Market Size 2023 to 2028: Graph

Business Travel Lodging Market Size 2024 And Growth Rate

The business travel lodging market size has grown strongly in recent years. It will grow from $357.35 billion in 2023 to $380.74 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to global economic growth, increased demand for corporate profitability, expansion of multinational corporations, emerging markets and travel expansion, digitalization and remote working.

Business Travel Lodging Market Growth Forecast

The business travel lodging market size is expected to see strong growth in the next few years. It will grow to $477.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rising popularity of hybrid work arrangements and bleisure trips (combining business and leisure), growing awareness of environmental impact, increasing focus on personalized experiences, growth of serviced apartments, extended-stay hotels, and co-living spaces. Major trends in the forecast period include integration of smart technologies in business travel lodging, technology-driven enhancements, smart room technology, sustainable practices and eco-conscious choices, robotic room service and assistance.

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Business Travel Lodging Market Driver: Business Travel Lodging Market Set To Thrive Amidst Tourism Booms

The growth of the travel and tourism industries is expected to propel the growth of the business travel lodging market going forward. The travel and tourism industry refers to a large sector that includes people who travel to other places, either nationally or internationally, as well as various activities, services, and businesses related to travel, tourism, and hospitality. Business travel lodging in tourism destinations provides several benefits for professionals, such as accessibility to tourist attractions, improved work-life balance, and networking in a relaxed setting. For instance, in July 2022, according to the International Trade Administration, a US-based Intergovernmental organization, the total non-resident international visitor flow in the United States increased to 5,210,752, with an increase of 160.8% from July 2021. Therefore, the growth of the travel and tourism industries is driving the growth of the business travel lodging market.

Business Travel Lodging Market Driver: Surge In Bleisure Travel Is Anticipated To Fuel The Business Travel Lodging Market Growth

Increasing leisure travel is expected to propel the growth of the business travel lodging market going forward. Bleisure travel is when people combine business trips with leisure or vacation time. It's a mix of business and leisure. Business travel lodging plays a crucial role in bleisure travel by providing accommodations that cater to the needs of both work and leisure. For instance, in August 2023, according to the Global Business Travel Association (GBTA), a US-based business travel agency, in the year 2022, worldwide expenditures on business travel increased by 47%, reaching a total of $1.03 trillion. The robust momentum is anticipated to persist, with a projected growth of 32% expected in 2023. Therefore, the increasing bleisure travel is driving the growth of the business travel lodging market.

Global Business Travel Lodging Market Major Players

Major companies operating in the business travel lodging market report are American Express Company, Marriott International Inc., Booking.com, Priceline, Booking Holdings Inc., Hilton Worldwide Holdings Inc., Carlson Wagonlit Travel, Holiday Inn Express, Best Western International Inc., Four Seasons Hotels Limited, Radisson Hospitality AB, InterContinental Hotels Group, BCD Group, Hyatt Hotels Corporation, Accor SA, Agoda, Pullman Hotels and Resorts, TripAdvisor Inc., Wyndham Hotels and Resorts, Choice Hotels International Inc., Ritz Carlton Hotels LLC, Kayak, Mandarin Oriental Hotel Group, Kesari Tours Pvt Ltd., Extended Stay America Inc., Fairmont Hotels and Resorts, Candlewood Suites, Travelers Haven, Novotel, SevenRooms.

Global Business Travel Lodging Market Trend: Major Companies Drive Technological Advancements In The Business Travel Lodging Market

Technological advancements are a key trend gaining popularity in the business travel lodging market. Major companies operating in the business travel lodging market are adopting new technologies to sustain their position in the market. For instance, in October 2022, Stayntouch, a US-based enterprise mobile cloud platform, launched Stayntouch 2.0, a cutting-edge technology suite for the hotel industry. This comprehensive offering includes an upgraded cloud property management system (PMS), a guest kiosk, a secure payment gateway, a customizable booking engine, and an easy-to-use channel manager. The suite enables hotels to deliver superior service through mobile platforms, automation, mobile guest check-in, and automated upsells. Stayntouch 2.0 aims to empower hotel operators to take control of the guest experience while simplifying processes and scaling business operations.

Global Business Travel Lodging Market Trend: Industry Players Drive Ai-Based Innovations In Business Travel Lodging

Major companies operating in the business travel lodging market are focused on developing innovative solutions such as AI-based lodging capabilities. AI-based lodging capabilities refer to the integration of artificial intelligence (AI) technologies in the management and enhancement of accommodations. For instance, in August 2023, Sabre Corporation, a US-based travel technology company launched the ‘Sabre Travel AI’. It is a Lodging AI that enhances the lodging content services. Utilizing machine learning models within Sabre Travel AI, the latest lodging capability examines property characteristics, segments customer trips, considers traveler and agency preferences, and generates personalized lodging suggestions. It presents accommodations that are highly likely to be booked based on the analyzed data.

Business Travel Lodging Market Merger And Acquisition: Summit Hotel Properties Expands Reach With Canopy By Hilton Investment

In March 2022, Summit Hotel Properties Inc., a US-based real estate investment trust company, acquired Canopy by Hilton for $56 million. With this acquisition, Summit Hotel Properties' portfolio has been enlarged, along with its revenue potential. Canopy by Hilton is a US-based hotel chain with a hyper-local focus on its cuisine, hospitality, artwork, and design, aimed at leisure and business travelers.

Regional Outlook For The Global Business Travel Lodging Market

Asia-Pacific was the largest region in the business travel lodging market in 2023. The regions covered in the business travel lodging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the business travel lodging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The business travel lodging market includes revenues earned by entities by providing services such as concierge services, corporate housing, conference centers accommodation, and travel management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The business travel lodging market research report is one of a series of new reports from The Business Research Company that provides business travel lodging market statistics, including business travel lodging industry global market size, regional shares, competitors with a business travel lodging market share, detailed business travel lodging market segments, market trends, and opportunities, and any further data you may need to thrive in the business travel lodging industry. This business travel lodging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Business Travel Lodging Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$380.74 billion
Revenue Forecast In 2033	$477.84 billion
Growth Rate	CAGR of 5.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Hotels, Motels, Serviced Apartments, Vacation Rentals, Other Types 2) By Price Range: Economy Or Budget, Mid-scale, Upscale Or Luxury 3) By Traveler Type: Solo Travelers, Croup Travelers, Business Travelers, Leisure Travelers 4) By Booking Channel: Online Travel Agencies (OTAs), Direct Booking, Corporate Bookings 5) By Industry: Construction And Engineering, Pharmaceutical And Healthcare, Agriculture Food And Beverage, Hospitality, Business Services And Consulting, Information Technology(IT) And Telecom, Finance And Insurance, Non Profit Organizations, Transport And Logistics, Other Industries
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	American Express Company; Marriott International Inc.; Booking.com; Priceline; Booking Holdings Inc.; Hilton Worldwide Holdings Inc.; Carlson Wagonlit Travel; Holiday Inn Express; Best Western International Inc.; Four Seasons Hotels Limited; Radisson Hospitality AB; InterContinental Hotels Group; BCD Group; Hyatt Hotels Corporation; Accor SA; Agoda; Pullman Hotels and Resorts; TripAdvisor Inc.; Wyndham Hotels and Resorts; Choice Hotels International Inc.; Ritz Carlton Hotels LLC; Kayak; Mandarin Oriental Hotel Group; Kesari Tours Pvt Ltd.; Extended Stay America Inc.; Fairmont Hotels and Resorts; Candlewood Suites; Travelers Haven; Novotel; SevenRooms.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Business Travel Lodging Market Characteristics

3. Business Travel Lodging Market Trends And Strategies

4. Business Travel Lodging Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Business Travel Lodging Market Size and Growth

5.1. Global Business Travel Lodging Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Business Travel Lodging Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Business Travel Lodging Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Business Travel Lodging Market Segmentation

6.1. Global Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Hotels

Motels

Serviced Apartments

Vacation Rentals

Other Types

6.2. Global Business Travel Lodging Market, Segmentation By Price Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Economy Or Budget

Mid-scale

Upscale Or Luxury

6.3. Global Business Travel Lodging Market, Segmentation By Traveler Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Solo Travelers

Croup Travelers

Business Travelers

Leisure Travelers

6.4. Global Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Online Travel Agencies (OTAs)

Direct Booking

Corporate Bookings

6.5. Global Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Construction And Engineering

Pharmaceutical And Healthcare

Agriculture Food And Beverage

Hospitality

Business Services And Consulting

Information Technology(IT) And Telecom

Finance And Insurance

Non Profit Organizations

Transport And Logistics

Other Industries

7. Business Travel Lodging Market Regional And Country Analysis

7.1. Global Business Travel Lodging Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Business Travel Lodging Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Business Travel Lodging Market

8.1. Asia-Pacific Business Travel Lodging Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Business Travel Lodging Market

9.1. China Business Travel Lodging Market Overview

9.2. China Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Business Travel Lodging Market

10.1. India Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Business Travel Lodging Market

11.1. Japan Business Travel Lodging Market Overview

11.2. Japan Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Business Travel Lodging Market

12.1. Australia Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Business Travel Lodging Market

13.1. Indonesia Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Business Travel Lodging Market

14.1. South Korea Business Travel Lodging Market Overview

14.2. South Korea Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Business Travel Lodging Market

15.1. Western Europe Business Travel Lodging Market Overview

15.2. Western Europe Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Business Travel Lodging Market

16.1. UK Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Business Travel Lodging Market

17.1. Germany Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Business Travel Lodging Market

18.5. France Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Business Travel Lodging Market

19.9. Italy Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Business Travel Lodging Market

20.13. Spain Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Business Travel Lodging Market

21.1. Eastern Europe Business Travel Lodging Market Overview

21.2. Eastern Europe Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Business Travel Lodging Market

22.1. Russia Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Business Travel Lodging Market

23.1. North America Business Travel Lodging Market Overview

23.2. North America Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Business Travel Lodging Market

24.1. USA Business Travel Lodging Market Overview

24.2. USA Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Business Travel Lodging Market

25.1. Canada Business Travel Lodging Market Overview

25.2. Canada Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Business Travel Lodging Market

26.1. South America Business Travel Lodging Market Overview

26.2. South America Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Business Travel Lodging Market

27.1. Brazil Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Business Travel Lodging Market

28.1. Middle East Business Travel Lodging Market Overview

28.2. Middle East Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Business Travel Lodging Market

29.1. Africa Business Travel Lodging Market Overview

29.2. Africa Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Business Travel Lodging Market Competitive Landscape And Company Profiles

30.1. Business Travel Lodging Market Competitive Landscape

30.2. Business Travel Lodging Market Company Profiles

30.2.1. American Express Company

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Marriott International Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Booking.com

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Priceline

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Booking Holdings Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Business Travel Lodging Market Other Major And Innovative Companies

31.1. Hilton Worldwide Holdings Inc.

31.2. Carlson Wagonlit Travel

31.3. Holiday Inn Express

31.4. Best Western International Inc.

31.5. Four Seasons Hotels Limited

31.6. Radisson Hospitality AB

31.7. InterContinental Hotels Group

31.8. BCD Group

31.9. Hyatt Hotels Corporation

31.10. Accor SA

31.11. Agoda

31.12. Pullman Hotels and Resorts

31.13. TripAdvisor Inc.

31.14. Wyndham Hotels and Resorts

31.15. Choice Hotels International Inc.

32. Global Business Travel Lodging Market Competitive Benchmarking

33. Global Business Travel Lodging Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Business Travel Lodging Market

35. Business Travel Lodging Market Future Outlook and Potential Analysis

35.1 Business Travel Lodging Market In 2028 - Countries Offering Most New Opportunities

35.2 Business Travel Lodging Market In 2028 - Segments Offering Most New Opportunities

35.3 Business Travel Lodging Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Business Travel Lodging Market, Segmentation By Price Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Business Travel Lodging Market, Segmentation By Traveler Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Business Travel Lodging Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Business Travel Lodging Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: Asia-Pacific, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: China, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: India, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Japan, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Australia, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: Indonesia, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: South Korea, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Western Europe, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: UK, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: Germany, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: France, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Italy, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Spain, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Eastern Europe, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: Russia, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: North America, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: USA, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: Canada, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: South America, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Brazil, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Middle East, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Africa, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: American Express Company Financial Performance

Table 77: Marriott International Inc. Financial Performance

Table 78: Booking.com Financial Performance

Table 79: Priceline Financial Performance

Table 80: Booking Holdings Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Business Travel Lodging Market, Segmentation By Price Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Business Travel Lodging Market, Segmentation By Traveler Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Business Travel Lodging Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Business Travel Lodging Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: Asia-Pacific, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: China, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: India, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Japan, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Australia, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: Indonesia, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: South Korea, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Western Europe, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: UK, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: Germany, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: France, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Italy, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Spain, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Eastern Europe, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: Russia, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: North America, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: USA, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: Canada, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: South America, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Brazil, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Middle East, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Business Travel Lodging Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Business Travel Lodging Market, Segmentation By Booking Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Africa, Business Travel Lodging Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: American Express Company Financial Performance

Figure 77: Marriott International Inc. Financial Performance

Figure 78: Booking.com Financial Performance

Figure 79: Priceline Financial Performance

Figure 80: Booking Holdings Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the business travel lodging market?

How will the business travel lodging market drivers and restraints affect the business travel lodging market dynamics? What forces will shape the business travel lodging industry going forward?

The business travel lodging market major growth driver - Business Travel Lodging Market Set To Thrive Amidst Tourism Booms. For further insights on the business travel lodging market, request a sample here

What is the forecast market size or the forecast market value of the business travel lodging market?

The business travel lodging market size has grown strongly in recent years. It will grow from $357.35 billion in 2023 to $380.74 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to global economic growth, increased demand for corporate profitability, expansion of multinational corporations, emerging markets and travel expansion, digitalization and remote working. The business travel lodging market size is expected to see strong growth in the next few years. It will grow to $477.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rising popularity of hybrid work arrangements and bleisure trips (combining business and leisure), growing awareness of environmental impact, increasing focus on personalized experiences, growth of serviced apartments, extended-stay hotels, and co-living spaces. Major trends in the forecast period include integration of smart technologies in business travel lodging, technology-driven enhancements, smart room technology, sustainable practices and eco-conscious choices, robotic room service and assistance. For further insights on the business travel lodging market, request a sample here

How is the business travel lodging market segmented?

The business travel lodging market is segmented
1) By Type: Hotels, Motels, Serviced Apartments, Vacation Rentals, Other Types
2) By Price Range: Economy Or Budget, Mid-scale, Upscale Or Luxury
3) By Traveler Type: Solo Travelers, Croup Travelers, Business Travelers, Leisure Travelers
4) By Booking Channel: Online Travel Agencies (OTAs), Direct Booking, Corporate Bookings
5) By Industry: Construction And Engineering, Pharmaceutical And Healthcare, Agriculture Food And Beverage, Hospitality, Business Services And Consulting, Information Technology(IT) And Telecom, Finance And Insurance, Non Profit Organizations, Transport And Logistics, Other IndustriesFor further insights on the business travel lodging market, request a sample here

Which region has the largest share of the business travel lodging market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the business travel lodging market in 2023. The regions covered in the business travel lodging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the business travel lodging market, request a sample here.

Who are the major players in the business travel lodging market?

What are the key trends in the business travel lodging market?

Major trend in the business travel lodging market - Major Companies Drive Technological Advancements In The Business Travel Lodging Market. For further insights on the business travel lodging market, request a sample here.

What are the major opportunities in the business travel lodging market? What are the strategies for the business travel lodging market?

For detailed insights on the major opportunities and strategies in the business travel lodging market, request a sample here.

How does the business travel lodging market relate to the overall economy and other similar markets?

For detailed insights on business travel lodging market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the business travel lodging industry?

For detailed insights on the mergers and acquisitions in the business travel lodging industry, request a sample here.

What are the key dynamics influencing the business travel lodging market growth? SWOT analysis of the business travel lodging market.

For detailed insights on the key dynamics influencing the business travel lodging market growth and SWOT analysis of the business travel lodging industry, request a sample here.