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Corporate Travel Services in Canada Procurement Price, Data and Insights
This report contains information regarding corporate travel services, also referred to as corporate travel management services. Corporate travel service providers include travel agencies, tour operators, chartering firms, and travel management companies that research, arrange, manage, and optimize corporations' travel needs.
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What’s included in this market coverage
IBISWorld's research coverage on the Corporate Travel Services procurement and pricing environment in Canada includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Corporate Travel Services market in Canada includes Air Travel Management, Hotel Booking & Reservations, Ground Transportation and Comprehensive All-Inclusive Services. Standard coding in this coverage includes ISIC-7911-Travel agency activities, NACE-79.11-Travel Agency Activities, NAICS-561510-Travel Agencies and UNSPSC-90121502-Travel agencies.
What common market terminology is included?
Common market terminology included in the Corporate Travel Services procurement coverage includes Travel Agency (A supplier in this market that books travel services, including ground and air transportation and lodgings for consumers.), Travel Management Company (A supplier in this market that books travel services in addition to overseeing travel policies and spending and other related services.), Duty of Care (A company's responsibility for the well-being of its employees, including when they are traveling for business purposes.) and Bleisure (The combination of business travel and vacation (leisure) travel.).
What companies are included as top suppliers?
The top companies covered in the Corporate Travel Services procurement report as suppliers are Direct Travel Inc., Travel Leaders Group, Llc, Expedia Group, Inc., Flight Centre Travel Group Ltd. and CWT Holdings, LLC.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Corporate Travel Services market in Canada category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per person per reservation, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Corporate Travel Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Corporate Travel Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Corporate Travel Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Corporate Travel Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Corporate Travel Services?
The 2026 benchmark market price for Corporate Travel Services is $23.04 per person per reservation. Prices have declined at a CAGR of -0.17 from 2023-26.
Who are the top vendors in the Corporate Travel Services market?
The top vendors in the Corporate Travel Services market include Direct Travel Inc., Travel Leaders Group, Llc, Expedia Group, Inc., Flight Centre Travel Group Ltd. and CWT Holdings, LLC.
What factors affect the price of Corporate Travel Services?
Higher volumes can qualify companies for substantial discounts from airlines, hotels, and other vendors. These negotiated rates directly affect the per-person-per-reservation price.
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