Special Projects U.S. Corporate Travel Market: Insights and Future Outlook

U.S. Corporate Travel Market: Insights and Future Outlook

A Phocuswright Special Project

U.S. Corporate Travel Market: Insights and Future Outlook

 

Phocuswright Research presents a concise and updated study on the U.S. corporate travel landscape, focusing on current market sizing, evolving trends, and future projections. This study aims to equip corporate travel managers, suppliers, intermediaries, and technology providers with the latest insights to navigate the dynamic travel industry.

The Study Seeks to Address the Following Key Questions

  • How can travel policies balance cost, traveler well-being, and sustainability?
  • What strategies ensure seamless integration of data sources for comprehensive visibility?
  • How do direct booking initiatives from suppliers impact the corporate travel market?
  • In what ways are private rentals being incorporated into travel policies?
  • How are intermediaries adapting to industry shifts such as NDC, new market entrants, and supplier direct strategies?
  • What measures are being taken to enhance the traveler experience across the industry?

Market Overview

The U.S. corporate travel sector is a significant component of the national economy, with a focus on the managed travel segment. Our study will provide:

  • Updated market sizing and forecasts
  • Analysis of technology adoption in travel management
  • Insights into the integration of leisure elements into business travel (blended travel/Bleisure)
  • Evaluation of virtual card usage and its impact on expense management

Methodology

Our comprehensive approach includes:

  • Nationwide Survey: Targeting U.S. corporate travel managers to gather quantitative data on travel management practices.
  • Executive Interviews: Conducting in-depth discussions with senior stakeholders for qualitative insights.
  • Market Sizing Analysis: Utilizing Phocuswright's proprietary data and industry interviews to estimate and project corporate travel spend.

Key Features and Benefits

Participants in this study will gain:

  • Access to the latest trends and data analytics in corporate travel.
  • Strategic insights to optimize travel policies and expense management.
  • Networking opportunities with industry leaders and peers.
  • Enhanced understanding of the corporate traveler's evolving needs.

Outcomes

Upon completion, the study will provide:

  • A detailed report on the current state and future outlook of the U.S. corporate travel market.
  • Actionable insights for travel policy development.
  • A roadmap for technology integration and traveler experience enhancement.

Add-On Opportunities

Participants can further benefit from:

  • Exclusive webinars with Phocuswright analysts.
  • Co-branded white papers and infographics.
  • Opportunities for speaking engagements and editorial webinars.

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