Managed Travel Distribution Market Key Highlights:
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Managed Travel Distribution Market Definition
The managed travel distribution market is a crucial branch of the travel and tourism industry. This industry deals in providing services such as booking hotels and tickets of any employee in a synchronized manner. There are several types of services designed by this industry consisting of customer meetings, clients’ office visit, internal meetings, conferences and some others. The growing need for organized and custom travel planning is increasing due to the rise in number of new business travelers globally. The rising demand for hassle free booking has boosted the market growth. This market is expected to rise significantly with the growth of the itinerary sector across the world.
The growing number of online booking platforms has enabled companies to seamlessly choose the best services, thereby driving the market growth. Also, the rapid integration of blockchain technology in itinerary platforms for operating transparent transactions along with rising preference of people for working in MNCs has played a vital role in shaping the industry in a positive direction. Moreover, the rise in number of international trips by higher authorities of business organizations coupled with launches of attractive travelling packages by several companies is expected to proliferate the growth of the managed travel distribution market. The rise in business travel volume along with rapid adoption of sustainable travel practices is expected to create opportunities for the market players in the upcoming years.
Managed Travel Distribution Market Segmentation:
By Type (% of Demand)
- Customer Meetings
- Clients’ Office Visit
- Internal Meetings
- Conferences
- Others
By Booking Channel (% of Demand)
- Phone Booking
- Online Booking
- Direct Booking
By Tourist Type (% of Demand)
By Tour Type (% of Demand)
- Independent Traveller
- Tour Group
- Package Traveller
By Age Group (% of Demand)
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 56-65 Years
- 66-75 Years
Managed Travel Distribution Market Companies:
- Travel Leaders Group
- Travel and Transport
- BCD Travel
- Expedia Inc.
- Global Business Travel
- HRG Travel
- Travel Perk
- Agencia
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