Press release
Global Online Travel Market 2018 by: Hostelworld Group, Hotel Urbano Travel, Tourism, CheapOair and Forecast 2022
Online travel providers aim to ease travel planning and bookings for travelers. The online travel market is driven by quick and convenient flight and hotel bookings, rise in customers’ trust in online payment, and ability to compare various available travel options. Nowadays, market players are extensively offering travel services through mobile websites and apps, as it is one of the most preferred mediums of travel bookings, particularly among the young professionals.The Online Travel Market is estimated to garner $1,091 billion by 2022, registering a CAGR of +11% during the forecast period 2018-2022.
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Top Key Vendors in Market:
TripAdvisor, Orbitz, Ctrip.com International, Hostelworld Group, Hotel Urbano Travel, Tourism, CheapOair, Trivago, Thomas Cook Group, MakeMyTrip, CheapTickets, OneTravel, Travelocity, AirGorilla, Hotwire, Kayak, BOD Tech.
Based on booking platforms, the market is segmented into mobile and desktop. Mobile platform attributes to two-sevenths of the market revenue and is anticipated to witness highest growth in coming years. The report, provides the opportunities in the market and their substantial impact on the major players dominating the market.
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These travelers have revolutionized the online travel industry by the extensive use of technology. Smartphones and other mobile devices are largely preferred to make travel arrangements. Moreover, social media platforms are used to review various travel service providers, destinations, transportation, and accommodations. These young traveler’s first research online and scan various sites, when planning for a vacation or a short weekend getaway. Their travel decisions are strongly influenced by online travel review sites, social media, blogs, and friend’s recommendations.
The revenue share coupled with insightful forecasts for the major segments and the other significant sub-segments have been detailed via this report. The trends affecting Global Online Travel Market in emerging regional sectors have additionally been explained in this study. The current findings and recommendations the analysts suggest for the future growth of the market have also been evaluated in Online Travel Market report. The key industry players that have contributed to market have also been detailed in this report.
Table of Content:
Global Online Travel Market Research Report 2018-2025
Chapter 1: Overview of Global Market
Chapter 2: Manufacturing Cost Structure Analysis of Online Travel Market
Chapter 3: Manufacturing Plants Analysis of Market
Chapter 4: Global Online Travel Market Overview
Chapter 5: Online Travel Regional Market Analysis
Chapter 6: Global Online Travel Market Segment Market Analysis (by Type)
Chapter 7: Global Online Travel Segment Market Analysis
Chapter 8: Major Manufacturers Analysis of Online Travel Market
Chapter 9: Development Trend of Analysis of Market
Chapter 10: Online Travel Market in Type Analysis
Chapter 11: Consumers Analysis of Market
Chapter 12: Global Online Travel Market Dynamics
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