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Global Online Travel Agency (OTA) Market to Witness a Pronounce Growth During 2024– Top Key players like Booking Holdings,TripAdvisor,Expedia,Inc.
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Smart tourism refers to the application of information and communication technology for developing innovative tools in tourism.[1] It supports integrated efforts at a destination to find innovative ways to collect and use data derived from physical infrastructure, social connectedness and organizational sources (both government and non-government), and users in combination with advanced technologies to increase efficiency, sustainability, experiences. The information and communication technology tools used for smart tourism include IoT, mobile communication, cloud computing, and artificial intelligence. It combines physical, informational, social, and commercial infrastructure of tourism with such tools to provide smart tourism opportunities.[1]The principles of smart tourism lie at enhancing tourism experiences, improve the efficiency of resource management, maximize destination competitiveness with an emphasis on sustainable aspects.It should also gather and distribute information to facilitate efficient allocation of tourism resources and integrate tourism supplies at a micro and macro level ensuring that the benefits are well distributed.
The global Online Travel Agency (OTA) market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Online Travel Agency (OTA).
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
Market Segment by Manufacturers, this report covers
Booking Holdings
TripAdvisor
Expedia
HomeAway
Kayak
QUNR
Ctrip
Orbitz
MakeMyTrip
TravelZoo
Sabre Corporation
Opodo
Travelgenio
Voyages
Webjet
Wotif.com
Market Segment by Type, covers
Online
Offline
Market Segment by Applications, can be divided into
Making Reservations
Translation Services
Direction Guidance
Audio Guidance
Other
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Related Information:
North America Online Travel Agency (OTA) Market Growth 2019-2024
United States Online Travel Agency (OTA) Market Growth 2019-2024
Asia-Pacific Online Travel Agency (OTA) Market Growth 2019-2024
Europe Online Travel Agency (OTA) Market Growth 2019-2024
EMEA Online Travel Agency (OTA) Market Growth 2019-2024
Global Online Travel Agency (OTA) Market Growth 2019-2024
China Online Travel Agency (OTA) Market Growth 2019-2024
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