China's business travel sector grew 8.4% year-on-year to RMB 158.7 billion (USD 24.3 billion) in 2017.
The research conducted by China Tourism Academy focusing on China’s outbound travel will be presented at ITB China 2018.
Travel is a vital driver of job satisfaction, and employer’s travel program and policy are important when job applicants are deciding on new jobs.
“Breaking through in a New Era” is the main theme of TravelDaily China-ITB Asia Session to highlight China’s unprecedented growth in travel and its importance to the global industry.
Over 90% of business travelers use mobile payment tools to pay for their trips, according to an AirPlus report.
Danish Gaest has acquired its Swedish competitor Bokarum, which makes the meeting marketplace sector consolidate. The global MICE market is estimated to be worth in the region of $400 billion.
UK-based corporate management firm Hogg Robinson Group (HRG) is planning to acquire eWings, a web-based travel management company focused on the German market.
3Mundi has sold a 25% stake to Flight Centre – in another strategic investment for the Australia-based travel group.
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