Expedia, Inc., Priceline Group Inc., TripAdvisor LLC profiled in Digital Travel and Tourism Market study 2025: prominent players Ctrip.Com International, Ltd., Hostel world Group, Hotel Urbino Travel and Tourism SA, CheapOair.Com., Trivago GmbH

Digital Travel and Tourism can be defined in two ways: travelling from here to there without leaving your chair and the way “serious digital tourism studies define a new cross-disciplinary field where the sociality of near tourism connections is reviewed. The virtual landscape of tourism is the newest concept of this decade and the former meaning has been presented at the beginning of the 21st century, whereas academics have been using the latter since 2012. Info skills are closely related to management and advertising tools; therefore, IT studies have been linked to commercial studies and tourism.

The Digital Travel and Tourism is estimated to garner $1,091 billion by 2025, registering a CAGR of +15% during the forecast period 2019-2025.

The Digital Travel and Tourism market has changed significantly over the past few years, owing to digitalization of travel services and the growing travelling trend, worldwide. The propagation of mobile devices largely supplements the growth of this market. The market is witnessing alliance, with leading OTAs obtaining the start-ups and other smaller players, thereby, giving a tough race to the recognized direct travel dealers and travel agents.

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key players: Expedia, Inc., Priceline Group Inc., TripAdvisor LLC, Ctrip.Com International, Ltd., Hostel world Group, Hotel Urbino Travel and Tourism SA, CheapOair.Com., Trivago GmbH, Thomas Cook Group plc, and MakeMyTrip Limited.

Growth of the Digital Travel and Tourism market is driven by the increase in internet saturation, rise in throwaway income of people in developing markets, and ease of likening a variety of travel options online. Market players are introducing advanced travel and vacation package deals to assist travelers in making sound travel choices as per their expenditure capability, such as reasonable packages for global destination, reductions on car rentals and cash back on global flights.

The report segments the global Digital Travel and Tourism market based on the mode of booking, types of platform, service types, age group, and geography. The market is further analyzed across geographical regions, namely, North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (India, China, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

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KEY BENEFITS OF ONLINE TRAVEL MARKET
• A comprehensive analysis of the current trends and future estimations in the global Digital Travel and Tourism market has been provided in this report.
• This report presents information regarding key drivers, restraints, and opportunities along with a detailed impact analysis from 2019 to 2025.
• Porter’s Five Forces model of the online travel industry illustrate the potency of the buyers and suppliers participating in the market.
• A quantitative analysis of the current scenario and the forecast period from 2019 to 2025 highlights the financial competency of the market.
• This report provides a detailed analysis of the global Digital Travel and Tourism market with respect to mode of booking, types of platform, service types, age group, and geography to enable stakeholders to take appropriate investment decisions.
• Value chain analysis in the report provides a clear understanding on the role of stakeholders involved in this process.

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