Short Description
U.S Hotel Market from B2B Corporate Spending, By Chain (Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale, and Economy), Domain (International and Domestic), Sector (BFSI, Manufacturing, Healthcare, IT Services, Government, and Others), Booking Channel (Direct Bookings, Online Travel Agencies (OTAS), and Travel Management Companies (TMC)), Country (U.S.) Industry Trends and Forecast to 2029
Market Definition
B2B corporate spending in hotels can be defined as spending on events such as gatherings organized by business owners in hotels to focus on employees and customers and further strengthen the clientele, as well as stays for company employees in various events. Various businesses and corporates organize events for many reasons. They may want to educate, reward, motivate, celebrate, mark key milestones, manage organizational change, or encourage collaboration.
Market Segmentation
The U.S hotel market from B2B corporate spending is segmented into five notable segments based on chain, domain, sector, and booking channel.
Based on chain, the market is segmented into luxury, upper upscale, upscale, upper midscale, midscale, and economy
Based on domain, the market is segmented into international and domestic
Based on sector, the market is segmented into BFSI, manufacturing, healthcare, IT services, government, and others
Based on booking channel, the market is segmented into direct bookings, Online Travel Agencies (OTAS), and Travel Management Companies (TMC)
Market Players
Some of the major players operating in the U.S. hotel market from B2B corporate spending are:
Marriott International Inc.
Hyatt Hotel Corp.
Hilton Worldwide Holdings Inc.
Wyndham Hotels & Resorts Inc.
Radisson Hotel Group
Rosewood Hotel Group
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