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Travel Arrangement And Reservation Services Market 2023 | Business Overview, New Changes, Trends Analysis, And Forecast To 2032
Travel Arrangement And Reservation Services Market
As per the travel arrangement and reservation services market report by The Business Research Company, the travel agencies and tour operators are increasingly using chatbots to offer personalized travel bookings to customers.
The global travel arrangement and reservation services market grew from $327.93 billion in 2022 to $408.73 billion in 2023 at a compound annual growth rate (CAGR) of 24.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The travel arrangement and reservation services market is expected to grow to $613.45 billion in 2027 at a CAGR of 10.7%.
Read More On The Travel Arrangement And Reservation Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/travel-arrangement-and-reservation-services-global-market-report
Major competitors in the travel arrangement and reservation services market include BCD Travel, Travel Leaders Group, TUI Group, Booking Holdings, Expedia, CWT, Flight Centre Travel Group, TUI Airways, Tripadvisor Inc., and Shanghai Jin Jiang International Hotels (Group) Company Limited.
The travel arrangement and reservation services market is segmented -
• By Type: Travel Agencies, Tour Operators, Convention And Visitors Bureaus, Other Travel Arrangement And Reservation Services
• By Mode of Travel: Domestic Travel, Foreign Travel
• By Mode of Booking: Online, Online
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the travel arrangement and reservation services market in 2022.
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Travel arrangement services refer to the service of recommending, booking, and arrangement of travel and accommodation on behalf of clients. Reservation services refer to the service of reserving travel and accommodation on behalf of clients.
The Table Of Content For The Travel Arrangement And Reservation Services Market Include:
1. Executive Summary
2. Report Structure
3. Travel Arrangement And Reservation Services Market Characteristics
4. Travel Arrangement And Reservation Services Market Product Analysis
5. Travel Arrangement And Reservation Services Market Supply Chain
6. Travel Arrangement And Reservation Services Market Customer Information
……
21. Key Mergers And Acquisitions In The Travel Arrangement And Reservation Services Market
22. Market Background: Commercial Services Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Travel Arrangement And Reservation Services Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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