Press release
Global Online Travel Market: Emerging Trends, Major Key Players Expedia Group, Inc. and Ebury Partners UK Ltd
According to the report, The global online travel market size was valued at $354.2 billion in 2020, and is estimated to reach $1,835.6 billion by 2031, registering a CAGR of 14.8% from 2022 to 2031.Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=007122
The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global ONLINE TRAVEL industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.
Impact of COVID-19
The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Online Travel market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend
For Any Query or Customization, Ask Our Industry Experts@ https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=007122
Key Players
Some of the major Online Travel players holding highest market share include Expedia Group, Inc., Ebury Partners UK Ltd, Fareportal Inc. , Hostelworld.com Limited, Hurb Co S/A, These players use new product development as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Expedia Group, Inc.
• Ebury Partners UK Ltd
• Fareportal Inc.
• Hostelworld.com Limited
• Hurb Co S/A
• HRS
• MakeMyTrip Ltd.
• Oracle Corporation
• Priceline (Booking Holdings Inc.)
• SABS Travel Technologies
• Tavisca Solutions Pvt. Ltd.
• Thomas Cook India Ltd.
• travelomatix.com
• Trip.com Group
• Tripadvisor, Inc.
• WEX Inc
Segmental Analysis
Market Segment By Service types with focus on market share, consumption trend, and growth rate of ONLINE TRAVEL Market:
• Transportation
• Travel Accommodation
• Vacation Packages
Market Segment By Platforms with focus on market share, consumption trend, and growth rate of ONLINE TRAVEL Market:
• Mobile
• Desktop
Market Segment By Mode of booking with a focus on market share, consumption trend, and growth rate of ONLINE TRAVEL Market:
• Online Travel Agencies (OTAs)
• Direct Travel Suppliers
Market Segment By Age Group with a focus on market share, consumption trend, and growth rate of ONLINE TRAVEL Market:
• 22-31 Years
• 32-43 Years
• 44-56 Years
• >56 Years
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=007122
Global Online Travel Geographic Coverage:
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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