Business Travel

TripLeverage Whitepaper

July 23, 2021

TripLeverage Whitepaper
Business travel is a branch of the tourism industry focusing on visitors who travel for business and
professional purposes. According to the World Travel and Tourism Council (WTTC), the share of GDP
generated by the business travel market reached 0.7 percent in 2019. In that year, the business tourism
spending worldwide - which has more than doubled since 2000 - peaked at roughly 1.28 trillion U.S.
dollars. Corporations use a wide variety of ways to book from legacy booking systems to using regular
consumer websites. It has given rise to modern Corporate Booking Platforms that are specifically made
for this purpose, based on this trend we identified an enormous opportunity for a crypto company to
jump on this trend and be able to have an extremely disruptive and superior go to market strategy.

Spotlight

LBF Travel, Inc.

LBF Travel is a global travel agency with worldwide operations. Our agency is staffed with over 500 travel professionals accommodating our global expansion. In addition to our traditional offline agency operations, LBF Travel operates online travel brands including SmartFares, Travelation, and Hotelwiz. Our agency caters to a variety of traveler types including traditional leisure travelers as well as unmanaged business travelers seeking the personal touch of a real travel agent.

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Events