Online travel agency market Boom Studied in New Research Profiling ripAdvisor LLC, Expedia, Inc, AirGorilla, LLC, Priceline Group Inc, Hostelworld Group

This report Online travel agency market report is an ultimate source of information about the industry, important facts and figures, expert opinions, and the latest developments across the globe. Being professional and comprehensive, this market report focuses on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. The report consists of reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies.
The report includes CAGR value fluctuations during the forecast period of 2018-2025 for the Online travel agency market. Moreover, competitor analysis is performed very well in the report which covers vital aspects about the key players in the market such as strong and weak points of the competitors and analysis of their strategies with respect to product and market. Such idea about competitive landscape plays very important role in deciding about the improvements required in the product and more.
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Prominent key players this report covers are: TripAdvisor LLC, Expedia, Inc, AirGorilla, LLC, Priceline Group Inc, Hostelworld Group, CheapOair.Com, Hotel UrbanTravel and Tourism Sa, Trivago GmbH, Ctrip.Com International, Ltd, and Thomas Cook Group Plc
An online travel agency helps in boking flight tickets, holiday packages, hotel rooms, and train tickets sitting in a room using a phone or a computer. An Online travel agency website is fully dedicated to travel and aims to facilitate travel planning and booking for travelers.
Online Travel Market has been witnessing significant growth over the past few years due to secured online payment mechanism and increase in number of social media & governmental initiatives to spread tourism in various countries. Furthermore, of rapid increase in mobile usage and innovative mobile travel apps are anticipated to offer significant growth opportunities in the coming years. However, varying socio-economic conditions in developing nations and rural areas is expected to restraint the market growth to a certain extent during the forecast period.
The report provides forecast and analysis of the global online travel market. It provides market overview of global online travel market in terms of revenue (in USD Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the online travel market and their impact on each country during the forecast period.
Segmentation
Based on end user, the market is segmented into online travel agencies, customers, others.
Based on booking type the market is sectioned as mobile/app and desktop.
Based on service the market is categorized into transportation, accommodation, vacation packages, and others.
Based on mode of payment the market is sectioned as credit card, debit card, internet banking, and others.

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Geographic Analysis
The online travel market based on the booking type, service, mode of payment, and end user is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for online travel in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE.
North America held the largest share of the global online travel market owing to technological advancements, increasing adoption of ecommerce market, and higher penetration of mobile apps in the US and Canada. However, Asia-Pacific is anticipated to grow at the fastest rate during the forecast period owing to factors such as rise in middle-class segment, growing number of internet users, rising number of initiatives by governments of various countries to develop tourism, and increasing disposable income.
Companies
Both primary and secondary research has been performed during the study. Secondary sources include Factiva, World Bank, and Hoover-2019s, company annual reports, investor presentations, and publications. The key players included in the global online travel market report are, TripAdvisor LLC, Expedia, Inc, AirGorilla, LLC, Priceline Group Inc, Hostelworld Group, CheapOair.Com, Hotel UrbanTravel and Tourism Sa, Trivago GmbH, Ctrip.Com International, Ltd, and Thomas Cook Group Plc

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