openPR Logo
Press release

Global Online Travel Booking Market

02-12-2019 12:32 PM CET | IT, New Media & Software

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Online Travel Booking Market

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 growth of the online travel booking market place. Most hoteliers accept digital platforms to utilize the digital boom as internet penetration is steadily growing worldwide. Online travel agencies such as expedia, booking holdings formerly called as priceline, ctrip so on are another significant group of actors for the global online travel market as they offer services like marketing, information sharing, and transactions that benefit both providers and consumers of accommodation.

For More Information about Report Visit here
https://www.maximizemarketresearch.com/market-report/global-online-travel-booking-market/26269/

Transportation segment is expected to maintain its lead in the overall online travel services market, owing to an increase in online flight bookings. Expansion in the number of low-cost carriers and growth in the number of connecting flights for tier I and II cities across the globe, driving the growth of flight bookings. Moreover, online rail bookings witnessed significant growth in the past few years. Expedia, a leading online travel agency, has announced its plans to launch a rail ticketing service in Europe by end of 2016, to mark its presence in the rail services inside the transportation segment.

A mobile platform is leading the global online travel booking market. The mobile platform is attributed to increased penetration of smartphones and the growing confidence of people in the safety of mobile payments.

Region-wise, North America held a major market share in 2017 with the U.S. being a major revenue contributor. The region is anticipated to grow substantially over the forecast timeframe, because of the increasing adoption of mobile applications for online travel booking, especially in the transportation sector. The Asia Pacific region is likely to grow at the fastest rate in the future, owing to digitization trends and internet penetration in the region.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global online travel booking market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global online travel booking market.

The scope of Global Online Travel Booking Market

Global Online Travel Booking Market, by Mode of booking

• Online Travel Agencies
• Direct Travel Suppliers

Global Online Travel Booking Market, by Type of platform

• Mobile
• Desktop

Global Online Travel Booking Market, by Service type

• Transportation
• Travel Accommodation
• Vacation Packages

Global Online Travel Booking Market, by Age group

• 22-31
• 32-43
• 44-56
• >56

Global Online Travel Booking Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Key players operating in the Global Online Travel Booking Market

• Priceline Group Inc.
• Expedia, Inc.
• Ctrip.Com International, Ltd.
• Trip Advisor LLC
• Hostelworld Group
• CheapOair.Com.
• Hotel Urbano Travel
• Tourism SA,
• Trivago GmbH
• Thomas Cook Group Plc
• Travelguru.com
• Goibibo
• Cleartrip
• HRS
• Ezeego
• Booking.com
• Makemytrip
• Agoda.com.

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

For More Information about Report Visit here
https://www.maximizemarketresearch.com/market-report/global-online-travel-booking-market/26269/

Report Published by https://www.maximizemarketresearch.com MAXIMIZE MARKET RESEARCH

Omkar Heights,
Sinhagad Road,
Manik Baug, Vadgaon Bk,
Pune, Maharashtra 411051, India.
+91 96071 95908
sales@maximizemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Global Online Travel Booking Market here

News-ID: 1580624 • Views: 380

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Automated Border Control (ABC) Market
Automated Border Control (ABC) Market is expected to reach 2273 Million by 2026 from 536.5 Million in 2017 at CAGR of 17.4% (Detailed analysis of the market CAGR is provided in the report). Automated Border Control Market (ABC) is an immigration control system proposed to satisfy the future border control needs of airports resulting from the rapid growth in the number of passengers worldwide. Automated Border Control Market (ABC) can
Global Driver Safety Systems Market
Global Driver Safety Systems Market was valued at US$ 23.02Bn in 2017 and is expected to reach US$ 102.10Bn by 2026, at a CAGR of 20.46% during a forecast period. Driver safety systems have been around for a long time, and they have already proven time and time again to result in an improved driving experience or better overall road safety. Major driving factors of the Driver Safety Systems market are crucial
Global Metallised Polyester Films Market
Global Metallised Polyester Films Market was valued at US$ XXX Mn in 2017 and is expected to reach US$ XXX Mn by 2026, at a CAGR of XX% during a forecast period. Global Metallised Polyester Films Market The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The
Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel

All 5 Releases


More Releases for Travel

Las Vegas Travel Tips
The city of Las Vegas is known as a universal goal of betting in the clubhouse that are situated over this city and the nightlife that is offered to the voyagers, who visit this goal from various parts of the world. For single ladies voyagers to Las Vegas, the season of New Year ought to have stayed away from as the city is uncommonly swarmed amid this time. Nonetheless, the
City Travel Briefing: Paris
Paris has been resilient as one of the world's leading tourist destinations despite a host of challenges related to security, accommodation and overcrowding. With a clear focus on reinventing the city for the modern traveller by transforming its infrastructure, culture and attractions, Paris is well placed to compete with emerging cities vying to become the tourist destination of choice. This report outlines Paris's strategy in attracting new (and old) holidaymakers
TRAVEL KA BAAP
Travel Ka Baap Travel World Under One Roof 28 December 2016, DELHI, INDIA TKB Group(www.travelkabaap.com) exists to provide Advance travel platform. Ultimately, the motto is to centralize the tourism industry at the single platform. Purpose –TKB Group exists to provide fast & feasible Travel Solutions, Consulting & Unique portal to Industries and individuals verticals in India and across the Globe.TKB Group sells solutions & results. TravelKaBaap is a growing company in which a traveler
Tonga Travel Guide Launched
South Pacific Travel has launched its online Tonga Travel Guide with 125 pages of maps, photos, drawings, and travel information. Tonga.SouthPacific.org is based on the Kingdom of Tonga chapter from Moon Handbooks South Pacific, now fully updated by the original author David Stanley. The 11 digital map files used in the printed book have been modified for web use. The site outlines the many sports and recreation opportunities in Tonga. The
Kanoo Travel Launches New Luxury Travel Brochure
Partners with American Express Vacations to offer its Middle East customers a wide array of exciting travel destinations combining high quality with excellent value for money. Dubai, United Arab Emirates, September 1, 2009: Kanoo Travel, the largest travel company in the Middle East, today announced that it has partnered with American Express Vacations to launch a new luxury travel brochure for its customers in the Middle East. The first Kanoo Travel
Resume Worthy Summer Travel
Marblehead, MA (April 7, 2008) – For those looking to get something more out of their summer travel experience, there is no need to look beyond the newly launched BrilliantTrips.com. Those aged between 18 and 26 years old can find a variety of specially tailored experiences focused on learning, adventure, cross-cultural understanding, volunteering, sustainable tourism, and ecotourism. The importance of travel abroad in today’s global marketplace is emphasized