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Analysis of air travel management market based on Probit model

ZHAO Gui-hong,ZHAO Si-xue,FANG Yu   

  1. (College of Economics and Management,CAUC,Tianjin 300300,China)
  • Received:2013-10-15 Revised:2013-12-20 Online:2014-10-18 Published:2014-09-23

Abstract:

With the development of business travel market,enterprises are paying more attention to the travel management,and more and more travel managing companies are aiming at this market. Factors (involved enterprises and travel management companies)could influence the choices of enterprises are analyzed. After factor determination,travel management preferences will get clear,promoting development of air travel management market in
China. Based on market situation and a questionnaire survey,the influence degree of 10 factors which affect enterprises'choice are derived through Probit model,the "cash flow","settlement means","value-added service offerings" and "matching degree" are significant. At last,some suggestions about enterprises and travel management companies are put foward according to empirical results.

Key words: travel management, probit model, factors

CLC Number: