Global Business Travel Market Size, Share & Demand Report By Travel Purpose (Corporate Internal Travel, Client-Related Travel, MICE Travel, Project-Based Travel, Government & Institutional Travel), By Booking Channel (TMCs, OTAs, Direct Bookings, Self-Booking Tools), By Service Type (Transportation, Accommodation, F&B/Per Diem, Meetings & Event Management, Travel Insurance), By Industry Vertical (IT & Telecom, BFSI, Manufacturing, Healthcare, Consulting, Government), By Region & Segment Forecasts, 2025–2030

Report Code: RI1741PUB
Last Updated : December, 2025
Author : Madison Gray

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Business Travel Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Business Travel Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Business Travel Market, By Travel Purpose
    1. Introduction
      1. Market Size and Forecast, By Travel Purpose
    2. Corporate Internal Travel
      1. Market Size and Forecast, By Region
    3. Client-Related Travel
      1. Market Size and Forecast, By Region
    4. MICE (Meetings, Incentives, Conferences & Exhibitions)
      1. Market Size and Forecast, By Region
    5. Project-Based Travel
      1. Market Size and Forecast, By Region
    6. Government & Institutional Travel
      1. Market Size and Forecast, By Region
  10. Business Travel Market, By Booking Channel
    1. Introduction
      1. Market Size and Forecast, By Booking Channel
    2. Travel Management Companies (TMCs)
      1. Market Size and Forecast, By Region
    3. Online Travel Agencies (OTAs)
      1. Market Size and Forecast, By Region
    4. Direct Supplier Booking (Airlines/Hotels)
      1. Market Size and Forecast, By Region
    5. Corporate Self-Booking Tools (SBTs)
      1. Market Size and Forecast, By Region
  11. Business Travel Market, By Service Type
    1. Introduction
      1. Market Size and Forecast, By Service Type
    2. Transportation Services (Air, Rail, Car Rental)
      1. Market Size and Forecast, By Region
    3. Accommodation Services
      1. Market Size and Forecast, By Region
    4. Food & Per Diem Services
      1. Market Size and Forecast, By Region
    5. Meetings & Event Management
      1. Market Size and Forecast, By Region
    6. Travel Insurance & Ancillaries
      1. Market Size and Forecast, By Region
  12. Business Travel Market, By Industry Vertical
    1. Introduction
      1. Market Size and Forecast, By Industry Vertical
    2. IT & Telecom
      1. Market Size and Forecast, By Region
    3. BFSI
      1. Market Size and Forecast, By Region
    4. Manufacturing & Industrial
      1. Market Size and Forecast, By Region
    5. Pharmaceuticals & Healthcare
      1. Market Size and Forecast, By Region
    6. Energy & Utilities
      1. Market Size and Forecast, By Region
    7. Consulting & Professional Services
      1. Market Size and Forecast, By Region
    8. Government & Public Sector
      1. Market Size and Forecast, By Region
  13. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Travel Purpose
          1. Corporate Internal Travel
            1. Client-Related Travel
              1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                1. Project-Based Travel
                  1. Government & Institutional Travel
                  2. By Booking Channel
                    1. Travel Management Companies (TMCs)
                      1. Online Travel Agencies (OTAs)
                        1. Direct Supplier Booking (Airlines/Hotels)
                          1. Corporate Self-Booking Tools (SBTs)
                          2. By Service Type
                            1. Transportation Services (Air, Rail, Car Rental)
                              1. Accommodation Services
                                1. Food & Per Diem Services
                                  1. Meetings & Event Management
                                    1. Travel Insurance & Ancillaries
                                    2. By Industry Vertical
                                      1. IT & Telecom
                                        1. BFSI
                                          1. Manufacturing & Industrial
                                            1. Pharmaceuticals & Healthcare
                                              1. Energy & Utilities
                                                1. Consulting & Professional Services
                                                  1. Government & Public Sector
                                                2. U.S.
                                                  1. By Travel Purpose
                                                    1. Corporate Internal Travel
                                                      1. Client-Related Travel
                                                        1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                          1. Project-Based Travel
                                                            1. Government & Institutional Travel
                                                            2. By Booking Channel
                                                              1. Travel Management Companies (TMCs)
                                                                1. Online Travel Agencies (OTAs)
                                                                  1. Direct Supplier Booking (Airlines/Hotels)
                                                                    1. Corporate Self-Booking Tools (SBTs)
                                                                    2. By Service Type
                                                                      1. Transportation Services (Air, Rail, Car Rental)
                                                                        1. Accommodation Services
                                                                          1. Food & Per Diem Services
                                                                            1. Meetings & Event Management
                                                                              1. Travel Insurance & Ancillaries
                                                                              2. By Industry Vertical
                                                                                1. IT & Telecom
                                                                                  1. BFSI
                                                                                    1. Manufacturing & Industrial
                                                                                      1. Pharmaceuticals & Healthcare
                                                                                        1. Energy & Utilities
                                                                                          1. Consulting & Professional Services
                                                                                            1. Government & Public Sector
                                                                                          2. Canada
                                                                                        2. Europe
                                                                                          1. Market Size and Forecast
                                                                                            1. By Travel Purpose
                                                                                              1. Corporate Internal Travel
                                                                                                1. Client-Related Travel
                                                                                                  1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                                                                    1. Project-Based Travel
                                                                                                      1. Government & Institutional Travel
                                                                                                      2. By Booking Channel
                                                                                                        1. Travel Management Companies (TMCs)
                                                                                                          1. Online Travel Agencies (OTAs)
                                                                                                            1. Direct Supplier Booking (Airlines/Hotels)
                                                                                                              1. Corporate Self-Booking Tools (SBTs)
                                                                                                              2. By Service Type
                                                                                                                1. Transportation Services (Air, Rail, Car Rental)
                                                                                                                  1. Accommodation Services
                                                                                                                    1. Food & Per Diem Services
                                                                                                                      1. Meetings & Event Management
                                                                                                                        1. Travel Insurance & Ancillaries
                                                                                                                        2. By Industry Vertical
                                                                                                                          1. IT & Telecom
                                                                                                                            1. BFSI
                                                                                                                              1. Manufacturing & Industrial
                                                                                                                                1. Pharmaceuticals & Healthcare
                                                                                                                                  1. Energy & Utilities
                                                                                                                                    1. Consulting & Professional Services
                                                                                                                                      1. Government & Public Sector
                                                                                                                                    2. U.K.
                                                                                                                                      1. By Travel Purpose
                                                                                                                                        1. Corporate Internal Travel
                                                                                                                                          1. Client-Related Travel
                                                                                                                                            1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                                                                                                              1. Project-Based Travel
                                                                                                                                                1. Government & Institutional Travel
                                                                                                                                                2. By Booking Channel
                                                                                                                                                  1. Travel Management Companies (TMCs)
                                                                                                                                                    1. Online Travel Agencies (OTAs)
                                                                                                                                                      1. Direct Supplier Booking (Airlines/Hotels)
                                                                                                                                                        1. Corporate Self-Booking Tools (SBTs)
                                                                                                                                                        2. By Service Type
                                                                                                                                                          1. Transportation Services (Air, Rail, Car Rental)
                                                                                                                                                            1. Accommodation Services
                                                                                                                                                              1. Food & Per Diem Services
                                                                                                                                                                1. Meetings & Event Management
                                                                                                                                                                  1. Travel Insurance & Ancillaries
                                                                                                                                                                  2. By Industry Vertical
                                                                                                                                                                    1. IT & Telecom
                                                                                                                                                                      1. BFSI
                                                                                                                                                                        1. Manufacturing & Industrial
                                                                                                                                                                          1. Pharmaceuticals & Healthcare
                                                                                                                                                                            1. Energy & Utilities
                                                                                                                                                                              1. Consulting & Professional Services
                                                                                                                                                                                1. Government & Public Sector
                                                                                                                                                                              2. Germany
                                                                                                                                                                              3. France
                                                                                                                                                                              4. Spain
                                                                                                                                                                              5. Italy
                                                                                                                                                                              6. Russia
                                                                                                                                                                              7. Nordic
                                                                                                                                                                              8. Benelux
                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                            2. APAC
                                                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                                                1. By Travel Purpose
                                                                                                                                                                                  1. Corporate Internal Travel
                                                                                                                                                                                    1. Client-Related Travel
                                                                                                                                                                                      1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                                                                                                                                                        1. Project-Based Travel
                                                                                                                                                                                          1. Government & Institutional Travel
                                                                                                                                                                                          2. By Booking Channel
                                                                                                                                                                                            1. Travel Management Companies (TMCs)
                                                                                                                                                                                              1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                1. Direct Supplier Booking (Airlines/Hotels)
                                                                                                                                                                                                  1. Corporate Self-Booking Tools (SBTs)
                                                                                                                                                                                                  2. By Service Type
                                                                                                                                                                                                    1. Transportation Services (Air, Rail, Car Rental)
                                                                                                                                                                                                      1. Accommodation Services
                                                                                                                                                                                                        1. Food & Per Diem Services
                                                                                                                                                                                                          1. Meetings & Event Management
                                                                                                                                                                                                            1. Travel Insurance & Ancillaries
                                                                                                                                                                                                            2. By Industry Vertical
                                                                                                                                                                                                              1. IT & Telecom
                                                                                                                                                                                                                1. BFSI
                                                                                                                                                                                                                  1. Manufacturing & Industrial
                                                                                                                                                                                                                    1. Pharmaceuticals & Healthcare
                                                                                                                                                                                                                      1. Energy & Utilities
                                                                                                                                                                                                                        1. Consulting & Professional Services
                                                                                                                                                                                                                          1. Government & Public Sector
                                                                                                                                                                                                                        2. China
                                                                                                                                                                                                                          1. By Travel Purpose
                                                                                                                                                                                                                            1. Corporate Internal Travel
                                                                                                                                                                                                                              1. Client-Related Travel
                                                                                                                                                                                                                                1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                                                                                                                                                                                                  1. Project-Based Travel
                                                                                                                                                                                                                                    1. Government & Institutional Travel
                                                                                                                                                                                                                                    2. By Booking Channel
                                                                                                                                                                                                                                      1. Travel Management Companies (TMCs)
                                                                                                                                                                                                                                        1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                          1. Direct Supplier Booking (Airlines/Hotels)
                                                                                                                                                                                                                                            1. Corporate Self-Booking Tools (SBTs)
                                                                                                                                                                                                                                            2. By Service Type
                                                                                                                                                                                                                                              1. Transportation Services (Air, Rail, Car Rental)
                                                                                                                                                                                                                                                1. Accommodation Services
                                                                                                                                                                                                                                                  1. Food & Per Diem Services
                                                                                                                                                                                                                                                    1. Meetings & Event Management
                                                                                                                                                                                                                                                      1. Travel Insurance & Ancillaries
                                                                                                                                                                                                                                                      2. By Industry Vertical
                                                                                                                                                                                                                                                        1. IT & Telecom
                                                                                                                                                                                                                                                          1. BFSI
                                                                                                                                                                                                                                                            1. Manufacturing & Industrial
                                                                                                                                                                                                                                                              1. Pharmaceuticals & Healthcare
                                                                                                                                                                                                                                                                1. Energy & Utilities
                                                                                                                                                                                                                                                                  1. Consulting & Professional Services
                                                                                                                                                                                                                                                                    1. Government & Public Sector
                                                                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                                                                  6. Singapore
                                                                                                                                                                                                                                                                  7. Taiwan
                                                                                                                                                                                                                                                                  8. South East Asia
                                                                                                                                                                                                                                                                  9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                                                                  1. Market Size and Forecast
                                                                                                                                                                                                                                                                    1. By Travel Purpose
                                                                                                                                                                                                                                                                      1. Corporate Internal Travel
                                                                                                                                                                                                                                                                        1. Client-Related Travel
                                                                                                                                                                                                                                                                          1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                                                                                                                                                                                                                                            1. Project-Based Travel
                                                                                                                                                                                                                                                                              1. Government & Institutional Travel
                                                                                                                                                                                                                                                                              2. By Booking Channel
                                                                                                                                                                                                                                                                                1. Travel Management Companies (TMCs)
                                                                                                                                                                                                                                                                                  1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                                                                    1. Direct Supplier Booking (Airlines/Hotels)
                                                                                                                                                                                                                                                                                      1. Corporate Self-Booking Tools (SBTs)
                                                                                                                                                                                                                                                                                      2. By Service Type
                                                                                                                                                                                                                                                                                        1. Transportation Services (Air, Rail, Car Rental)
                                                                                                                                                                                                                                                                                          1. Accommodation Services
                                                                                                                                                                                                                                                                                            1. Food & Per Diem Services
                                                                                                                                                                                                                                                                                              1. Meetings & Event Management
                                                                                                                                                                                                                                                                                                1. Travel Insurance & Ancillaries
                                                                                                                                                                                                                                                                                                2. By Industry Vertical
                                                                                                                                                                                                                                                                                                  1. IT & Telecom
                                                                                                                                                                                                                                                                                                    1. BFSI
                                                                                                                                                                                                                                                                                                      1. Manufacturing & Industrial
                                                                                                                                                                                                                                                                                                        1. Pharmaceuticals & Healthcare
                                                                                                                                                                                                                                                                                                          1. Energy & Utilities
                                                                                                                                                                                                                                                                                                            1. Consulting & Professional Services
                                                                                                                                                                                                                                                                                                              1. Government & Public Sector
                                                                                                                                                                                                                                                                                                            2. UAE
                                                                                                                                                                                                                                                                                                              1. By Travel Purpose
                                                                                                                                                                                                                                                                                                                1. Corporate Internal Travel
                                                                                                                                                                                                                                                                                                                  1. Client-Related Travel
                                                                                                                                                                                                                                                                                                                    1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                                                                                                                                                                                                                                                                                      1. Project-Based Travel
                                                                                                                                                                                                                                                                                                                        1. Government & Institutional Travel
                                                                                                                                                                                                                                                                                                                        2. By Booking Channel
                                                                                                                                                                                                                                                                                                                          1. Travel Management Companies (TMCs)
                                                                                                                                                                                                                                                                                                                            1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                                                                                                              1. Direct Supplier Booking (Airlines/Hotels)
                                                                                                                                                                                                                                                                                                                                1. Corporate Self-Booking Tools (SBTs)
                                                                                                                                                                                                                                                                                                                                2. By Service Type
                                                                                                                                                                                                                                                                                                                                  1. Transportation Services (Air, Rail, Car Rental)
                                                                                                                                                                                                                                                                                                                                    1. Accommodation Services
                                                                                                                                                                                                                                                                                                                                      1. Food & Per Diem Services
                                                                                                                                                                                                                                                                                                                                        1. Meetings & Event Management
                                                                                                                                                                                                                                                                                                                                          1. Travel Insurance & Ancillaries
                                                                                                                                                                                                                                                                                                                                          2. By Industry Vertical
                                                                                                                                                                                                                                                                                                                                            1. IT & Telecom
                                                                                                                                                                                                                                                                                                                                              1. BFSI
                                                                                                                                                                                                                                                                                                                                                1. Manufacturing & Industrial
                                                                                                                                                                                                                                                                                                                                                  1. Pharmaceuticals & Healthcare
                                                                                                                                                                                                                                                                                                                                                    1. Energy & Utilities
                                                                                                                                                                                                                                                                                                                                                      1. Consulting & Professional Services
                                                                                                                                                                                                                                                                                                                                                        1. Government & Public Sector
                                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                                        1. By Travel Purpose
                                                                                                                                                                                                                                                                                                                                                          1. Corporate Internal Travel
                                                                                                                                                                                                                                                                                                                                                            1. Client-Related Travel
                                                                                                                                                                                                                                                                                                                                                              1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                                                                                                                                                                                                                                                                                                                                1. Project-Based Travel
                                                                                                                                                                                                                                                                                                                                                                  1. Government & Institutional Travel
                                                                                                                                                                                                                                                                                                                                                                  2. By Booking Channel
                                                                                                                                                                                                                                                                                                                                                                    1. Travel Management Companies (TMCs)
                                                                                                                                                                                                                                                                                                                                                                      1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                                                                                                                                                        1. Direct Supplier Booking (Airlines/Hotels)
                                                                                                                                                                                                                                                                                                                                                                          1. Corporate Self-Booking Tools (SBTs)
                                                                                                                                                                                                                                                                                                                                                                          2. By Service Type
                                                                                                                                                                                                                                                                                                                                                                            1. Transportation Services (Air, Rail, Car Rental)
                                                                                                                                                                                                                                                                                                                                                                              1. Accommodation Services
                                                                                                                                                                                                                                                                                                                                                                                1. Food & Per Diem Services
                                                                                                                                                                                                                                                                                                                                                                                  1. Meetings & Event Management
                                                                                                                                                                                                                                                                                                                                                                                    1. Travel Insurance & Ancillaries
                                                                                                                                                                                                                                                                                                                                                                                    2. By Industry Vertical
                                                                                                                                                                                                                                                                                                                                                                                      1. IT & Telecom
                                                                                                                                                                                                                                                                                                                                                                                        1. BFSI
                                                                                                                                                                                                                                                                                                                                                                                          1. Manufacturing & Industrial
                                                                                                                                                                                                                                                                                                                                                                                            1. Pharmaceuticals & Healthcare
                                                                                                                                                                                                                                                                                                                                                                                              1. Energy & Utilities
                                                                                                                                                                                                                                                                                                                                                                                                1. Consulting & Professional Services
                                                                                                                                                                                                                                                                                                                                                                                                  1. Government & Public Sector
                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                  1. By Travel Purpose
                                                                                                                                                                                                                                                                                                                                                                                                    1. Corporate Internal Travel
                                                                                                                                                                                                                                                                                                                                                                                                      1. Client-Related Travel
                                                                                                                                                                                                                                                                                                                                                                                                        1. MICE (Meetings, Incentives, Conferences & Exhibitions)
                                                                                                                                                                                                                                                                                                                                                                                                          1. Project-Based Travel
                                                                                                                                                                                                                                                                                                                                                                                                            1. Government & Institutional Travel
                                                                                                                                                                                                                                                                                                                                                                                                            2. By Booking Channel
                                                                                                                                                                                                                                                                                                                                                                                                              1. Travel Management Companies (TMCs)
                                                                                                                                                                                                                                                                                                                                                                                                                1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Direct Supplier Booking (Airlines/Hotels)
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Corporate Self-Booking Tools (SBTs)
                                                                                                                                                                                                                                                                                                                                                                                                                    2. By Service Type
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Transportation Services (Air, Rail, Car Rental)
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Accommodation Services
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Food & Per Diem Services
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Meetings & Event Management
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Travel Insurance & Ancillaries
                                                                                                                                                                                                                                                                                                                                                                                                                              2. By Industry Vertical
                                                                                                                                                                                                                                                                                                                                                                                                                                1. IT & Telecom
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. BFSI
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Manufacturing & Industrial
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Pharmaceuticals & Healthcare
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Energy & Utilities
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Consulting & Professional Services
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Government & Public Sector
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competitive Landscape, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Business Travel Market Share Analysis, 2024 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Market Share Analysis, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Competition Ranking, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                                            2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                                            3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                                      3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. American Express Global Business Travel (Amex GBT)
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. BCD Travel
                                                                                                                                                                                                                                                                                                                                                                                                                                        3. CWT
                                                                                                                                                                                                                                                                                                                                                                                                                                        4. Flight Centre Travel Group – Corporate Division
                                                                                                                                                                                                                                                                                                                                                                                                                                        5. Hogg Robinson Group
                                                                                                                                                                                                                                                                                                                                                                                                                                        6. Frosch International Travel
                                                                                                                                                                                                                                                                                                                                                                                                                                        7. Expedia for Business
                                                                                                                                                                                                                                                                                                                                                                                                                                        8. Booking Holdings Corporate Solutions
                                                                                                                                                                                                                                                                                                                                                                                                                                        9. SAP Concur
                                                                                                                                                                                                                                                                                                                                                                                                                                        10. Corporate Travel Management (CTM)