Market Prospect Of Travel Management Market

In the 2016-2020 years' in-depth research and investment prospect forecast report of China's travel management industry, CIC said that in the 2016-2020 years, the sustained growth of the business travel expenditure budget has supported the growth of the generalized business travel market scale over 10%.

From the demand side, through the continuous cultivation of TravelManagementCompany (TMC), a foreign capital and local scale enterprise, the demand for cost control, efficiency improvement, management standard (gray band and relationship management, and further professional management) will be gradually strengthened in the future, and business travel management will be gradually accepted and popularized rapidly.

In recent years, TMC and OTA, traditional travel agencies,

The gap of professional competence is increasingly obvious.

Under the role of demand side and supply side, enterprises will choose to regulate professional travel management companies to provide comprehensive business travel services, so as to reduce the burden of enterprise management, improve efficiency and reduce costs, which will prompt the rapid growth of China's travel management market paction scale.

It is optimistic that China's TMC market will surpass the United States in 2016, and will continue to lead the global gap. The development of business travel market will reach 10% in 2020, and the growth rate of domestic business management market will reach 15%.

According to the Ministry of Commerce, in 2016 1-7, investors in China made non-financial direct investment in 5465 overseas enterprises in 156 countries and regions, with a total investment of 673 billion 240 million yuan, an increase of 61.8% over the same period last year.

The "one belt and one way" policy has led more and more domestic enterprises to go out, and more than 60% of the domestic enterprises travel abroad.

China Investment Consultants in 2016-2020 years of China

Industry in-depth research and

The prospect forecast report points out that with the globalization of capital flows, the travel demand of employees has also expanded to the global level, and the number and coverage of hotel purchases have been greatly improved. Globalization has become another major challenge for business management.

Professional TMC with online operation capability and abundant global resources will develop rapidly. The market share of the hotel business management market will rapidly increase in the whole business travel market, and there will be huge room for future market development.