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0 0.00388349514563103 0.00388349514563103 0.00388349514563103 0.00207119741100319 -0.00168284789644007 0.00323624595469256 0.000711974110032451
Stock impact report

Business Travel Market Report 2024-2032: Increasing Digitization in Tourism and Corporate Sectors Fueling Expansions [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
Group, Service Type, Travel Type, End-User, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The global business travel market size reached US$ 1.1 Trillion in 2023. Looking forward, the publisher expects the market to reach US$ 1.9 Trillion by 2032, exhibiting a growth rate (CAGR) of 6.3% during 2023-2032. In recent years, the rapidly globalizing world has accelerated the trend of business travel, which collectively includes client meetings, brand and product promotion, business expansion, and employee training and incentives. The global market is primarily being influenced by the increasing digitization in the tourism and corporate sectors. In line with this, growing penetration of the Internet of Things (IoT) has enabled both the travelers and the travel operators to get things done swiftly and with ease. Along with this, the virtual reality (VR) technology also provides better, efficient and personalized customer experiences, thus bolstering Show less Read more
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