Travel Market Report

2024 outlook.

What lies ahead for business travel in 2024? Find out with the 2024 Outlook edition of BCD's Travel Market Report. In this edition, BCD's Research & Intelligence team will bring you:

  • Insights of the 2024 world economy
  • A focus on key travel risks
  • A look at the current and future state of air travel, including airfare forecasts
  • An outlook for hotel room rates in 2024
  • Our perspective on ground transportation
  • Eight sustainable travel trends to look out for in 2024

bcd travel market cap

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bcd travel market cap

One size fits all doesn’t work with corporate travel programs.

Bring best-in-class travel partners to your program – creating a customized program that fits your unique business needs..

The BCD marketplace gives you access to industry-leading technology providers in one comprehensive marketplace. We’ve strategically selected and thoroughly vetted each technology partner, giving you peace of mind as you tailor your program to better fit your specific needs.

What is BCD Marketplace?

Each of our clients has special challenges and nuances that make them, and their travel programs, unique. The marketplace allows our customers to partner with leading technology providers to create a program customized to their specific needs. Whether you are complementing BCD’s in-house solutions or look for alternative capabilities, the marketplace puts you in control.

All marketplace partners are evaluated prior to being included in the marketplace, giving clients confidence in choosing a solution that is compatible with their BCD managed travel program.

Partner with Us

BCD’s open approach to travel technology makes it easy to integrate solutions, and extend the reach of your company. We provide innovative APIs and developer tools to further streamline integration, implementation, and process. Want to learn more? Check out our Developer Hub .

Back to Partners

BCD Travel invests in French market to support significant growth post-pandemic

UTRECHT, The Netherlands, Oct. 19, 2021 – BCD Travel France is pleased to announce the addition of corporate travel industry veteran Jean-Christian Fuentes to the global travel management company.

Fuentes’ move follows last year’s addition of sales professional Fadi Boumalhab. The investment represents BCD’s ongoing strategy to support growth in the French market and is part of a larger push to expand its presence and services to clients in France. Fuentes and Boumalhab each serve as Director of Sales, France.

Based in Bordeaux, former Olympic swimmer Fuentes joins BCD with more than 20 years of travel industry experience, the majority of which was spent in senior sales positions across various TMCs. Over the years, Fuentes secured key account sales and managed projects from pre-sales engagement through final negotiations. He also helped to define commercial strategies and oversaw sales teams in France.

Based in Paris, Boumalhab brings more than a decade of sales experience to BCD France, having held several senior business development roles. He most recently led sales efforts in southern Europe for health and security risk services company International SOS. Boumalhab also acted as Senior Business Development Manager with integrated services provider CIS, where he drove business development within the hydrocarbon, mining and construction sectors in Africa, Latin America and Middle-East.

As part of meeting the new surge in post-Covid demand for BCD Travel services, Fuentes and Boumalhab are focused on bringing value to large French firms and multinationals with a significant footprint in France via BCD’s proprietary, innovative offerings.

“I am very pleased that Jean-Christian and Fadi have joined the BCD Travel France sales team during this exciting time of investment and growth,” said Valérie Sasset, Managing Director, BCD Travel France.

“Jean-Christian and Fadi are focused on providing value to clients in the French market through unparalleled partnership aimed at supporting travel managers in continually improving their travel programs,” said Lisa McKenzie, SVP, EMEA/Global Sales. “Their industry connections and expertise are sure to make an immediate, positive impact.”

As business travel returns, Fuentes and Boumalhab will further advance BCD’s strong reputation in the French market, where it’s known for its excellent services and solutions that power a confident trip experience ; superb data consolidation and reporting solutions that solve for distribution complexity and content fragmentation ; and new and unique sustainable travel solutions that use the first ISO-certified methodology to calculate business travel emissions.

About BCD Travel

BCD Travel helps companies travel smart and achieve more. We drive program adoption, cost savings and talent retention through digital experiences that simplify business travel. Our 13,000 dedicated team members service clients in 170+ countries as we shape a sustainable future for business travel. For more information, visit www.bcdtravel.com .

Leading travel management company BCD Travel and Spain’s top-ranked travel group Ávoris reinforce partnership agreement

October 14, 2021

BCD Travel announces ‘Centricity powered by BCD’ – offering life sciences companies stronger patient-centric solutions

October 28, 2021

City guide: Moscow

City guide , Destinations

June 7, 2018

Russia’s capital draws crowds for the 2018 FIFA World Cup.

Moscow is an opulent, cosmopolitan city where the rush of people is relentless. Whether you’re in search of a glitzy nightclub, Michelin-starred restaurant or modest drinking hole, you won’t have to look far. Moscow’s storied history is on full display—from extravagant subways emblematic of the Soviet era to the famed Red Square that dominates the city center.

As the capital of Russia, Moscow is the political, economic and cultural hub of the country. It’s home to the country’s largest banks and company headquarters. Primary industries include energy production, software development and textile manufacturing. Tourism is big, too, and visitors will pack the city during the 2018 FIFA World Cup™ tournament, June 14- July 15.

Getting around

Three major airports serve Moscow. Sheremetyevo International is 18 miles northwest of the city center, while Domodedovo is 26 miles and Vnukovo International is 17 miles southwest. Taxis from each airport take about 45 minutes to the city center, but that time can double in heavy traffic. Aeroexpress trains connect the airports to centrally located metro stations. Travel time is 35-45 minutes. A one-way fare is 500 rubles (US$8.87 using the exchange rate US$1 = 56.35 RUB).

Most of the metro station signs are in Russian, so plan your route beforehand with a map in your language. Many of the stations are works of art, so it’s worth taking the metro just to have a look. It’s open from 5:20 a.m. to 1 a.m. A single fare is 28 RUB (US$0.50).

You can hail cabs on the street or have your hotel call one for you. There are no meters, so you’ll have to negotiate the price of a fare. If you’re traveling within central Moscow, you shouldn’t pay more than 200 RUB (US$3.55).

Where to stay

If you’re looking for luxury and upscale hotel options, try the St. Regis Moscow Nikolskaya (Street Nikolskaya 12; Ph: +7-495-967-7776), Radisson Blu Belorusskaya Hotel Moscow (26a 3rd St. of Jamskogo Polja; Ph: +7-495-660-4900) or Marriott Moscow Grand (26/1 Tverskaya St.; Ph: +7-495-937-0000).

Midscale and economy options include Hampton by Hilton Moscow Strogino (20 Kulakova St.; Ph: +7-499-745-0600) and Ibis Moscow Dynamo (Leningradsky Prospect 37; Ph: +7-495-139-0304).

Things to see and do

Visitors must experience the weight of history in Red Square , one of Russia’s most famous landmarks. Cobblestones pave the way to the Kremlin, Lenin’s Tomb, St. Basil’s Cathedral and the Russian State Historical Museum. Plus, the official residence of the Russian president sits on Red Square.

You can enter the square free of charge, but to get a sense of the historical significance, consider joining a walking tour. Some private tour operators offer pickup and drop-off services at hotels. Be sure to experience the square in the evening when it’s lit up against the night sky. It’s a spectacular scene.

The Tretyakov Gallery holds a vast collection of Russian art that spans thousands of years. It was founded by Russian merchant Paval Tretyakov, who donated his art collection to the city of Moscow in 1892. The gallery now houses more than 130,000 works. It’s closed on Mondays and stays open late on Thursday, Friday and Saturday. Admission is 500 RUB (US$8.87).

Luzhniki Stadium is at the center of Moscow’s 145-hectare Olympic complex, one of the largest sports complexes in the world. Luzhniki Stadium is the main venue and the heart of the 2018 FIFA World Cup tournament—used for the opening match on June 14, a semi-final and the final on July 15.

The Luzhniki complex stretches along the Moscow River and lies opposite the beautiful Vorob’evy Hills Natural Park. The majestic Moscow State University observation area overlooks the stadium.

An evening at the Bolshoi Theatre is captivating. It’s the second-biggest opera house in

Europe and a grand example of Russian classical architecture. The six-tier auditorium is awe-inspiring. A range of Russian and foreign ballets and operas grace the stage each year.

Where to eat

Julia Jon Joli is an authentic Georgian restaurant with a cozy interior. The menu is fairly priced and includes kebabs, khinkali and khachapuri , as well as fine Georgian wine. There are several locations within Moscow, but try the one near Paveletaskya metro station at 36 Bakhrushina St.

For cheap eats and a lively atmosphere, head to Kamchata . It’s a typical Russian-style establishment with loud ‛90s music playing in the background and a bar that’s well stocked with, you guessed it, vodka. Be prepared for a night of dancing! Find it at Ulitsa Kuznetskiy Most, 7; Ph: +7-495-624-8825.

Voronezh is a new addition to the culinary scene in Moscow. The restaurant is in the heart of the city, directly in front of Cathedral of Christ the Savior, and it has something for everyone. It offers three floors of dining, each with a distinct décor, concept and price point. But they all put a focus on serving quality cuts of beef. It’s at Ulitsa Prechistenka, 4; Ph: +7-495-695-0641.

At Syrovarnya , the chef puts a priority on locally sourced, organic ingredients. Sirovarnya translates to “a place where cheese is made,” so expect to find a long list of fine cheeses on the menu. The outdoor terrace is packed on summer evenings, but quality dishes keep patrons coming back no matter the time of year. The address is Kutuzovsky Prospekt 12, Building 1; Ph: +7-495-803-2401.

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  1. Travel Market Report: 2024 Outlook

    Find out with the 2024 Outlook edition of BCD Travel's Market Report. In this edition, BCD's Research & Intelligence team will bring you: A review of the world economy in 2024. A focus on key travel risks. A look at the current and future state of air travel, including airfare forecasts. An outlook for hotel room rates in 2024.

  2. PDF BCD Travel Market Report Q2 2023

    BCD Travel transactional data. Average ticket prices year-over-year. In 2022, long-haul fares rose on average by 24%, but by January 2023, prices were rising by just 2%. Short-haul fares remained essentially flat across 2022 and started 2023 in similar fashion, dipping by 2%in January.

  3. Travel Market Report

    The Travel Market Report for 2024 (Q1 update) provides a comprehensive overview of key trends and developments in the travel industry. The report begins with insights from two organizations on the macro, economic, and travel trends expected in 2024. It includes an update on the current status of the global air travel recovery.

  4. Travel Market Report

    Contact BCD Travel Travel Market Report In the Q3 2023 report we highlight trends shaping travel's future, explore the prospects for inflation, take a close look at airfares in Asia, catch up on hotel rates around the world, summarize what travel buyers told us about payment and expense, and finish with key findings from travelers and travel ...

  5. BCD Travel reveals 2024 travel outlook

    BCD Travel reveals 2024 travel outlook Q4 Travel Market Report predicts 0.8% drop in global airfares and 6.8% increase in hotel rates. UTRECHT, The Netherlands, November 30, 2023 - Leading travel management company BCD Travel published the fourth edition of its quarterly Travel Market Report. The Q4 report, dedicated to presenting an outlook for 2024, provides travel managers and buyers with ...

  6. PDF Travel Market Report

    Source: BCD Travel analysis of ARC data Domestic airfares in the U.S. market have been subject to some steep year-over-year increases during 2022, according to data from ARC. In some months, average ticket prices (ATPs) were up by more than 40%. The pace of inflation has slowed in recent months, easing to 15% by December.

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  8. BCD Travel Market Report: Q1

    BCD Travel Market Report: Q1. In this first edition of the Travel Market Report, you'll find the latest developments and trends that we've observed lately. We'll look at the movement of some of the key metrics, including hotel average daily rates and airline average ticket prices. And we'll revisit some content we've recently produced ...

  9. BCD Travel

    Find out with the 2024 Outlook edition of BCD's Travel Market Report. In this edition, BCD's Research & Intelligence team will bring you: Insights of the 2024 world economy. A focus on key travel risks. A look at the current and future state of air travel, including airfare forecasts. An outlook for hotel room rates in 2024.

  10. BCD Travel newsroom

    Leading travel management company BCD Travel published the fourth edition of its quarterly Travel Market Report. The Q4 report, dedicated to presenting an outlook for 2024, provides travel managers and buyers with insights on economic prospects, key risks, projected prices for air, hotel and car rental, sustainable travel trends, and more.

  11. BCD Travel reveals 2024 travel outlook

    Leading travel management company BCD Travel published the fourth edition of its quarterly Travel Market Report. The Q4 report, dedicated to presenting an outlook for 2024, provides travel ...

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    Global Professional Services Firm Reduces Airport Lounge Access Costs by Over 50 Percent. A global professional services firm has a workforce of over 400,000 with 130,000 regular travelers often taking complex routes around the world. These travelers on average spend three hours waiting before each flight, with almost 20% experiencing up to six ...

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  17. About

    The BCD marketplace gives you access to industry-leading technology providers in one comprehensive marketplace. We've strategically selected and thoroughly vetted each technology partner, giving you peace of mind as you tailor your program to better fit your specific needs. Browse our marketplace and learn about our Authorized Partners.

  18. BCD Travel Market Report: Q2

    BCD Travel Market Report: Q2. In this second edition of the Travel Market Report, we address the following issues: Six travel trends that will matter most in 2023. Travel's recovery and the headwinds it may face. Airline consolidation and new entrants. European airfares in key markets. Hotel rates in Asia Pacific, Europe, Latin and North America.

  19. BCD Travel invests in French market to support significant growth post

    The investment represents BCD's ongoing strategy to support growth in the French market and is part of a larger push to expand its presence and services to clients in France. Fuentes and Boumalhab each serve as Director of Sales, France. Based in Bordeaux, former Olympic swimmer Fuentes joins BCD with more than 20 years of travel industry ...

  20. City guide: Moscow

    Travel time is 35-45 minutes. A one-way fare is 500 rubles (US$8.87 using the exchange rate US$1 = 56.35 RUB). Most of the metro station signs are in Russian, so plan your route beforehand with a map in your language. Many of the stations are works of art, so it's worth taking the metro just to have a look. It's open from 5:20 a.m. to 1 a.m.

  21. City guide: Moscow

    Travel time is 35-45 minutes, depending on the airport. A one-way fare is 470 rubles (US$6 using the exchange rate US$1 = 77.52 RUB). Getting around Moscow. The metro can be confusing because there are few English signs, but with some planning it's possible to navigate. And many of the stations are works of art, so it's worth taking the ...

  22. City guide: Moscow

    Travel time is 35-45 minutes. A one-way fare is 500 rubles (US$8.87 using the exchange rate US$1 = 56.35 RUB). Most of the metro station signs are in Russian, so plan your route beforehand with a map in your language. Many of the stations are works of art, so it's worth taking the metro just to have a look. It's open from 5:20 a.m. to 1 a.m.