Global Online Travel Market 2018: Technology, Future Trends, Top Key Players - Expedia, Priceline Group (Bookingcom), TripAdvisor, Orbitz, Ctripcom International and more...

Online Travel Market   
Summary:
The Global Online Travel Market is an emerging market in the ICT Media sector at present years. The report covers current Market Trends, advancements in Technologies over a period of time. The report offers profound insights, revenue generation information, and other significant information related to the global Online Travel market, as well as the latest trends, driving and restraining factors, and threats in the overall market by the end of the forecast period. The Global Online Travel Market report includes PEST analysis, Porter’s five forces analysis, as well as opportunity map analysis, for a thorough understanding of the market.

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Furthermore, the Online Travel report offers insightful and comprehensive information regarding the various players functioning in the global Online Travel market, along with their revenue details, key developments, technological advancements, SWOT analysis, mergers & acquisitions, future strategies, and market footprint. The global market is segmented on the basis of product type, technology, end-user, industry vertical, and geography.

Market Segment by Top Manufacturers, this report covers : Expedia, Priceline Group (Bookingcom), TripAdvisor, Orbitz, Ctripcom International, Hostelworld Group, Hotel Urbano Travel, Tourism, CheapOair, Trivago.

Online Travel Market by Types Transportation
Travel Accommodation
Travel Packages

Online Travel Market by Applications For Traveling
For Business Trip
Others.

The players operating in the market also face challenges which are impeding their development and growth prospects. Increasing competition and lack of automation have been identified as major challenges, threatening the position of existing market leaders. Regulation on foreign-invested travel agency restricts the entry of the foreign players in the domestic online travel industry.

The report also mentions the government regulations adopted for supporting the sustainable development of the overall online travel industry. It provides a detailed illustration of the new travel agency regulations benefiting the foreign players alongwith key penalties charged for misconduct by the OTAs.

Emerging trends in the online travel market include widening service offerings by the players, coordination with online communities and growing investments for facilitating the overall functioning and development of the market.
Mergers and acquisitions section covers the key deals taken place in the online travel space of China. This section includes the announced date, closing date, target, buyer/investor, seller and deal size.

The competition section outlays the competitive landscape of the online travel industry in China briefing about the domestic and foreign players existing in the market. This section provides a three dimensional analysis of domestic key players' revenues, profits and market capitalization. The report also features brief profiles of major domestic and foreign players in the market and a snapshot of their corporation, financial performance along with the key financial ratios, business highlights and their product portfolio providing an insight into the existing competitive scenario.

Some of the key statistics or factors impacting the online travel market in China covered in the report includes factors impacting the Asian travel industry, domestic market size, online travel booking consumer base, online travel booking activities, online travel market structure, online travel business model and commission charged, internet population and penetration, share of internet users indulged in online travel booking, mobile internet users, share of mobile internet users accessing online travel booking services, share of Chinese urban households, Share of preferred leisure activities, urban consumer spending, urban disposable income, Share of total spending including basic and discretionary, growth in credit card holders, consumer credit card spending, rise in outbound tourism and inbound tourism, government regulatory framework, services offered, tie up with online communities and investments in the online travel market.

Key takeaway section summarizes the entire market in terms of opportunities, trends and challenges persisting in the online travel market in China.

The report has been collated on the basis of synthesis, analysis, and interpretation of data accumulated with regards to the parent market from various resources. The data and information in this report has been collected by using primary and secondary research methodologies, in order to provide a holistic view of the Online Travel market. Additionally, an in-house study has been made of the global economic conditions and other economic indicators and factors to evaluate their respective impact on the market, along with the present impact, so as to make strategic and informed forecasts about the scenarios in the market.

Most of the players operating in this Online Travel market are making efforts to grow their market footprint, by focusing on product diversification and development, subsequently making them acquire a larger share of the market. Development in different countries to drive growth and increase product sales is also considered as one of the major strategies undertaken by the key players operating in the global Online Travel market. This is primarily because of the untapped potentials present in the developing nations, in terms of product pricing and revenue generation.

The Global Online Travel Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focus on expanding Geographic reach and broaden their customer base, in order to expand their product portfolio and come up with new advancements. The Online Travel Market report also analyzes the development proposals and the feasibility of new investments.

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Key Insights:

Complete in-depth analysis of the Online Travel
Important changes in market dynamics.
Segmentation analysis of the market.
Emerging segments and regional markets.
Assessment of niche industry players.
Market share analysis.
Key strategies of major players.

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This release was published on openPR.