openPR Logo
Press release

Online Travel Market is expected USD 1.2 Trillion by 2024

09-26-2018 10:03 AM CET | Tourism, Cars, Traffic

Press release from: Renub Research



Access full Research:

Get Free Customization in This Report

Growth in digital platforms drives online travel and tourism industry globally. Hotel industry is playing the significant role for the growth of this market place. Most of hotelier’s adopt digital platforms to utilize digital boom as internet penetration is steadily growing worldwide. Online travel Agencies such as Expedia, Booking Holdings formerly known as Priceline, Ctrip etc. are other important group of actors for the global online travel market as they offers services like marketing, information sharing, and transactions that benefit both providers and consumers of accommodation. According to the market research report released by Renub Research Online Travel Market is expected to be USD 1.2 Trillion by the end of year 2024.

Asia Pacific is expected to drive global online travel & hotel booking market as online penetration in tourism and hotel segments are drastically growing. China, India and Australia are major contributors in Asia pacific online travel market. It is predicted that mobile online travel booking market will overtake PC travel bookings in coming years as mobile penetration increased globally which offers travel booking facilities from anywhere, anytime.

Request a free sample copy of the report:

This report, published by Renub Research has categorized online travel market into two segments: Travel segment and Hotel segment.
Travel Market, has been further segmented into
• Total Booking Market
• Online Penetration of the Total Travel Booking Market
• Online Travel Market
• Mobile Online Travel Market
• PC Online Travel Market
• Offline Travel Booking Market

Hotel Market has been segmented into:
• Total Hotel Booking Market
• Online Hotel Booking Penetration
• Online Hotel Market
• Offline Booking Market

Renub Research report titled “Online Travel Market, By Tourism & Hotel Booking (Online, Offline), Types of Platform (Mobile, PC), Regions (United States, Europe, Latin America, Asia Pacific, Middle East) Companies (Expedia, Inc, Booking Holdings Inc, TripAdvisor Inc, International Ltd) Global Analysis” provides a comprehensive assessment of fast sprouting and high–growth online travel market. This report studies the Global Online Travel and Hotel Booking Market: 1) Total Market 2) Online Market and Forecast 3) Online Penetration & Forecast 4) Offline market and forecast 5) Geographical Market & Forecast 6) Company overview, initiatives and sales forecast.
By Region - Online Travel and Hotel Booking Market
• United States
• Europe
• Asia Pacific
• Latin America
• Middle East

By Types of Platform - Online Travel Market
1. Mobile - Online Travel Booking Market
• United Sates
• Europe
• Asia Pacific
2. Global PC - Online Travel Booking Market

Travel Segment Market Analysis
• Total booking market (United States, Europe, Asia Pacific, Latin America, Middle East)
• Online Penetration of the Total Travel Booking Market (United States, Europe, Asia Pacific, Latin America, Middle East)
• Online Travel Market (United States, Europe, Asia Pacific, Latin America, Middle East)
• Offline Travel Booking Market(United States, Europe, Asia Pacific, Latin America, Middle East)

Hotel Segment Market Analysis
• Total Hotel Booking Market (United States, Europe, Asia Pacific, Latin America, Middle East)
• Online Hotel Booking Penetration (United States, Europe, Asia Pacific, Latin America, Middle East)
• Online Hotel Market (United States, Europe, Asia Pacific, Latin America, Middle East)
• Offline Booking Market (United States, Europe, Asia Pacific, Latin America, Middle East)

Key Company Covered in this Reports
• Expedia, Inc
• Booking Holdings Inc
• TripAdvisor, Inc
• International, Ltd

Following Points Covered in Each Company
• Company Overview
• Company Initiatives
• Financial Insight

If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team at

Contact Us
Rajat Gupta
Sr. Marketing Manager
Phone: +1-678-302-0700

Renub Research is a leading Market Research and Information Analysis Company with centers at Noida India and Roswell USA. We have long-term experience especially in international Business-to-Business Researches, Surveys, Business and Consulting. Throughout the years we have acquired expertise in most market sectors, including Information Technology (IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking, Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer Goods, Logistics, Governmental, Social, and Others.

Our core team is comprised of an experienced people holding graduate, post graduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research help make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets.

225 Kristie Ln, Roswell, GA 30076, United States

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Online Travel Market is expected USD 1.2 Trillion by 2024 here

News-ID: 1262409 • Views: 910

More Releases from Renub Research

Global Tea Market Size will grow with a CAGR of 7.15% from 2020 to 2026
According to the latest report by Renub Research, titled "Global Tea Market By Type, Packaging, Distribution Channel, Application, Region, Company Analysis, & Forecast" Worldwide Tea Industry was valued at US$ 47.4 Billion in 2020. Worldwide tea has a long history of popularity; it is believed to have arisen in China, with records of its usage dating back to the 3rd century AD. It is an aromatic drink prepared by pouring
Aerostat Systems Market, Impact of COVID-19, By Product, Companies, Forecast By …
An aerostat is essentially an aerodynamically shaped balloon that is tethered to the ground. They are made of large fabric envelopes filled with helium or hot air and have an optimal reach of around 4,600 m in height. Aerostat systems are used for various applications, including information gathering, surveillance and scientific research. They are durable, eco-friendly and cost-effective, as well as have high structural integrity. According to Renub Research, Aerostat
Halal Cosmetics Market, Impact of COVID-19, by Product Type, Companies, Global F …
As per Islamic law, Halal denotes permissible and lawful, whereas haram means prohibited. According to Islamic law, the term halal-haram rule is a part of the entirely legal system.” Halal” is often associated with food. Moreover, Halal cosmetics products are gaining traction and surging demand among 2.4 billion Muslim populations worldwide. Apart from the Muslim population, the non-Muslim population attributes these products with ethical consumerism and more stringent quality assurance
Sports Medicine Market, Impact of COVID-19, By Product Type, Companies, Global F …
Sports medicine is a type of medicine that focuses on improving people's athletic abilities. Sport medicine products aid in the recovery of injuries as well as the prevention of future injuries. Furthermore, sports medicine has outgrown all other healthcare fields in terms of growth, as healthcare practitioners in this sector can treat a wide range of people, not only athletes. The growing incidence of sports-related injuries and increased public awareness

All 5 Releases

More Releases for Booking

Global Online Travel Booking Market
Global Online Travel Booking Market – Industry Analysis and Forecast 2018-2026 – by Mode of booking, Type of platform, Service type, Age group, and Region. Global Online Travel Booking Market was valued US$ 770.0 0Bn in 2017 and is expected to reach US$ 1,965.0 Bn by 2026 at a CAGR of 12.45%. Growth in digital platforms drives the online travel industry globally. The hotel industry is playing a significant role in the
Taxi Booking Software Market Is Thriving Worldwide
A new research study from HTF MI with title Global Taxi Booking Software Market Size, Status and Forecast 2025 provides an in-depth assessment of the Taxi Booking Software including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Taxi Booking Software investments till 2022. Access Sample Copy @: If you are involved in the Taxi Booking
Indian Railway Booking Made Easy : Remember the days when you were looking forward to summer holidays? Every time you saw those trains chugging past you in your hometown, you were filled with a sense of excitement. The holidays, fun and games with friends, travel plans that your parents made, and finally the journey. Maybe all those days are gone, maybe you are not kids anymore and there are no stipulated period of holidays
HNW Offshore Investment: Booking Center Preferences 2016
This report draws on our 2015 Global Wealth Managers Survey to analyze the performance of key booking centers over time. It has a particular focus on HNW individuals. In particular it examines the propensity to invest offshore and booking center preferences for 20 key markets. Specifically the report will help you to: - Understand which the largest offshore centers are and how this breaks down by asset class - Compare the performance of
New Real Time Booking Engine.
November, 24, 2011 Amphitrion Holidays S.A. is proud to announce the launching of its new Real Time Booking Engine website “Our aim is to help our customers find exactly what they are looking for, for their travel arrangements” said Anastasios Papakonstantinou, manager of the Web Department, “we are very enthusiastic about our new website and me and my team are constantly trying to get better” said Anastasios. This website will provide
Internet Hotel Booking in Germany still growing
New Study of CHD Expert: Electronic room sales is booming for 66% of top hotels Hamburg/Germany – March 30, 2009 - In Germany, online hotel reservation is of prime importance. In the comfort, first class and luxury hotels the number of electronic room reservations via internet, CRS and GDS rose strongly in 2008. 73 percent of the hotels gained more room bookings with their own webpage. These are results of a