Australia Business Travel Market

Australia Business Travel Market Overview:

The Australia business travel market size reached USD 22.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 39.8 Billion by ​2033​, exhibiting a growth rate (CAGR) of 6.8% during 2025-2033. ​The market is propelled by the rising flexibility of work arrangements that has led to an increase in "bleisure" travel, where professionals extend business trips to include leisure activities. Additionally, enhanced regional infrastructure and investment in sectors like renewable energy and mining have spurred demand for domestic business travel, particularly to regional hubs.

Australia Business Travel Market Trends:

Surge in Bleisure Travel

With almost 66% of business travelers now combining work and leisure travel, the rise of "bleisure" travel is impelling the Australia business travel market share. This shift reflects a growing desire for work-life balance, driven by flexible work policies and a greater focus on employee well-being. Business travelers are increasingly extending their stays to explore destinations, turning routine work trips into mini-getaways. Sectors like education, utilities, and construction are embracing this trend, while more traditional industries are slower to adapt. The seamless merging of business and leisure—often staying in the same accommodation throughout—has made travel more enjoyable and efficient. As organizations continue to support mental wellness and flexibility, bleisure travel is expected to remain a lasting and evolving feature of Australia’s corporate travel culture, enriching both employee satisfaction and travel value.

Integration of Advanced Technology

Technology is revolutionizing the Australia business travel market outlook, making the process more efficient and travel smoother. AI technology is making the booking process faster, easier to handle, and easier to track down the best offers. Biometric systems are accelerating security procedures at airports to make it easier to travel more quickly and easily. Additionally, virtual and augmented reality (AR) is empowering better remote teamwork and training. Such innovations not only enhance ease but also enable travelers to remain connected, productive, and entertained while on the go. With technology ongoing, it will have an immense influence in the way business individuals travel and work, making the experience more seamless and efficient.

Emphasis on Sustainability

Sustainability has become a central focus in Australia's business travel market growth, with 58% of executive stakeholders deeming sustainability and CO₂ emissions reports extremely or very important. Companies are prioritizing eco-friendly travel options, such as sustainable hotels and greener transportation like electric vehicles (EVs). Additionally, many are incorporating carbon offset programs into their travel policies to minimize their environmental impact. This growing emphasis on sustainability reflects a global shift toward more responsible travel. In response, 80% of business travelers are more likely to work for companies that integrate sustainability into their policies. With increased awareness about environmental footprints, business travelers are increasingly looking to minimize waste and emissions. The trend finds congruence with overall corporate social responsibility efforts and is anticipated to gain additional strength across sectors.

Australia Business Travel Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on type, purpose type, expenditure, age group, service type, travel type, and end user.

Type Insights:

• Managed Business Travel
• Unmanaged Business Travel

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes managed business travel, and unmanaged business travel.

Purpose Type Insights:

• Marketing
• Internal Meetings
• Trade Shows
• Product Launch
• Others

The report has provided a detailed breakup and analysis of the market based on the purpose type. This includes marketing, internal meetings, trade shows, product launch, and others.

Expenditure Insights:

• Travel Fare
• Lodging
• Dining
• Others

A detailed breakup and analysis of the market based on the expenditure have also been provided in the report. This includes travel fare, lodging, dining, and others.

Age Group Insights:

• Travelers Below 40 Years
• Travelers Above 40 Years

The report has provided a detailed breakup and analysis of the market based on the age group. This includes travelers below 40 years, and travelers above 40 years.

Service Type Insights:

• Transportation
• Food and Lodging
• Recreational Activities
• Others

A detailed breakup and analysis of the market based on the service type have also been provided in the report. This includes transportation, food and lodging, recreational activities, and others.

Travel Type Insights:

• Group Travel
• Solo Travel 

The report has provided a detailed breakup and analysis of the market based on the travel type. This includes group travel, and solo travel.

End User Insights:

• Government
• Corporate
• Others

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes government, corporate, and others.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Business Travel Market News:

• In November 2024, Gray Dawes Group, based in the UK, extended its international presence through the acquisition of Australia's Verve Travel and Leisure, encompassing Verve Travel Management and Bay Travel and Cruise. It is the group's 16th acquisition, which increases its staff to more than 550 and turnover to more than £600 million. CEO Suzanne Horner emphasized her skill in hassle-free global service and integration. Verve, established in 2001, views the merger as a strategic opportunity that provides clients and employees with more worldwide opportunities.
• In November 2024, EaseMyTrip is making its first foray into the international study tourism market with the purchase of a 49% share in Planet Education Australia. This strategic acquisition brings together EaseMyTrip's travel and technology prowess with Planet Education's international network of universities. The alliance will streamline visa procedures and provide bundled travel and education services to students seeking higher education in countries such as Australia, the US, UK, and others, making their study-abroad experience smoother.

Australia Business Travel Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia business travel market performed so far and how will it perform in the coming years?
• What is the breakup of the Australia business travel market on the basis of type?
• What is the breakup of the Australia business travel market on the basis of purpose type?
• What is the breakup of the Australia business travel market on the basis of expenditure?
• What is the breakup of the Australia business travel market on the basis of age group?
• What is the breakup of the Australia business travel market on the basis of service type?
• What is the breakup of the Australia business travel market on the basis of travel type?
• What is the breakup of the Australia business travel market on the basis of end user?
• What is the breakup of the Australia business travel market on the basis of region/country?
• What are the various stages in the value chain of the Australia business travel market? 
• What are the key driving factors and challenges in the Australia business travel market?
• What is the structure of the Australia business travel market and who are the key players?
• What is the degree of competition in the Australia business travel market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia business travel market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia business travel market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia business travel industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.