Press release
Global Online Travel Agent Market 2022 : Trends, Business Growth And Major Driving Factors | Booking.com, Expedia Inc., Ctrip, TripAdvisor, Trivago, eDreams Odigeo, Despegar, MakeMyTrip, Lastminute
The global online travel agent market size is expected to grow from $664.42 billion in 2021 to $761.90 billion in 2022 at a compound annual growth rate (CAGR) of 14.7%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The online travel agent market is expected to reach $1002.45 billion in 2026 at a CAGR of 7.1%.The Business Research Company offers the Online Travel Agent Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The online travel agent market consists of sales of travel services through online channels. Online travel agents or agencies are those individuals or companies that have websites that allow consumers to book various travel related services via the internet. Travel agents are engaged in sales of travel services such as flights, buses, vacation packages, hotels, and rental cars via online networks.
Some key online travel agent market players are Booking.com, Expedia Inc., Ctrip, TripAdvisor, Trivago, eDreams Odigeo, Despegar, MakeMyTrip, Lastminute, and On the Beach, Alibaba Group Holding Limited, Hostelworld Group, Hotel Urbano Travel and Tourism SA, Fareportal Inc., Trivago GmbH, ThomasCook Group, Priceline Group Inc., HRS; Agoda, Airbnb Inc. and Hotel.de.
The countries covered in the global online travel agent market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global online travel agent market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Online Travel Agent Market Segmentation:
By Service Type
1.Vacation Packages
2. Transportation
3. Accommodation
By Platform
1.Mobile/Tablets Based
2. Desktop Based
By Category
1.Hotel Bookings,
2.Tickets
See more on the report at https://www.thebusinessresearchcompany.com/report/online-travel-agent-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Online Travel Agent Market Characteristics
3. Online Travel Agent Market Trends And Strategies
4. Impact Of COVID-19 On Online Travel Agent
5. Online Travel Agent Market Size And Growth
……
27. Online Travel Agent Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Online Travel Agent Market
29. Online Travel Agent Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the online travel agent market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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