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Business Travel Market Set To Reach $1.7 Trillion By 2023

A new report featuring in-depth analysis predicts that the global business travel industry will be worth nearly US$1.7 trillion (about PS1.3 trillion) by 2023, registering growth of 4.1 per cent.The report, titled Business Travel Market by Service (Transportation, Food & Lodging, and Business Activity), Industry (Government and Corporate), and Traveler (Group and Solo): Global Opportunity Analysis and Industry Forecast, 2017-2023 by Allied Market Research, monitors the key industry trends, drivers and opportunities within the business travel industry.