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Business tourism or business travel is a more limited and focused subset of regular tourism. During business tourism (traveling), individuals are still working and being paid, but are doing so away from both their workplace and home. Some definitions of tourism exclude business travel.
Business travel is travel undertaken for work or business purposes, as opposed to other types of travel, such as for leisure purposes or regularly commuting between one's home and workplace. Relatively recently, the rise of videotelephony have cause a reduction of business travel.
American Express Global Business Travel (Amex GBT, legally, Global Business Travel Group, Inc.) is a multinational travel management company headquartered in New York City. Amex GBT has 18,000 employees in more than 140 countries.
CWT (formerly Carlson Wagonlit Travel) is a travel management company that manages business travel, meetings, incentives, conferencing, exhibitions, and handles event management. Headquartered in Minneapolis, Minnesota, the company reported US$23 billion in total transaction volume in 2018.
The company specialises in luxury and tailor-made travel for both business and consumer markets, as well as related services such as visa processing. In 2013, the Kuoni Group was named “World’s Leading Luxury Tour Operator” at the annual World Travel Awards.
According to the music trade publication Pollstar, the average ticket price of a top 100 music tour between 2019 and 2023 increased at a rate that well outpaced inflation, jumping from $91.18 to ...
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