What you need to know
Business travel – particularly trips abroad – has been in a period of strong recovery since the start of 2015, apparently bringing to an end a long period of cost cutting by firms in the years since the last recession. However, the 23 June Referendum and its aftermath have now opened a new chapter of economic uncertainty.
Meanwhile, in terms of its internal dynamics, the market is being increasingly consumerised, with growing opportunities in areas such as mobile app tools aimed at the business traveller, health and wellness products, business/leisure hybrid breaks and even new lifestyle choices for mobile workers, as well as international social networking and career building away from home.
Covered in this Report
This Report covers the market for business travel by UK employees/self-employed adults, both within the UK and overseas. Within the consumer sections of the Report the scope includes both day trips and overnight stays. Market size and forecast data for the UK domestic market specifically includes only overnight stays on business, while overseas data includes all business trips abroad. The Report excludes any holiday/leisure travel, VFR (visiting friends and relatives) travel, daily commuting to/from work or any other purposes of travel.
