Travel and Tourism Market is Booming Worldwide | Expedia, Opodo, eDreams

Global Travel and Tourism Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.

Major Players in This Report Include,
Thomas Cook (India), Expedia (United States), Booking Holdings (United States), BCD Travel (Netherlands), Opodo (United Kingdom), MakeMyTrip (India), eDreams (United States), Ibibo (India), TUI Group (Germany), lastminute.com (United Kingdom).

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The act of traveling to different locations, whether for fun, company, or any other personal reasons, is commonly referred to as tourism. Domestic, international, short-distance and long-distance travel are all possibilities. It may also be one way or both ways, for a variety of purposes. The global travel and tourism market is expected to increase in the coming years as demand rises for a variety of reasons. The travel industry encompasses all aspects of the broader service industry that respond to the wishes and needs of people traveling from one part of the world to another. The global travel and tourism industry is one of the world's most dynamic and influential. As a result, the market's survival is contingent on the efficiency of the service provided. To achieve a competitive edge, travel agents, airlines, car rental agencies, tour operators, and the hotel industry must employ the most up-to-date marketing techniques. The travel and tourism industry has grown significantly in recent years. The global travel and tourism market is expected to expand as airline travel becomes more affordable, accessibility to numerous remote but beautiful areas improves, and disposable income rises.

Market Trend
• Increased Number of Solo Travellers

Opportunities
• Increasing number of Business Trips by Companies
• Growth Opportunities Through Social Media and Commercial Advertisment
• Growing Medical Travel Across the World

Market Drivers
• Increasing Accessibility and Trend of Travelling around the World
• Affordable Plane Tickets
• Availability of Various Platforms that facilitate the Travel

November 2020 - Thomas Cook India launches Virtual Holiday Store. The store intends to help customers with all their travel-related queries by just logging onto the website. Customers can connect over video chat with travel experts (from 0800 to 1200) who will help them with travel requirements, including domestic and international holidays, value-added services like travel insurance, end-to-end Covid-negative certification services, visa services, documentation, among others.

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In this research study, the prime factors that are impelling the growth of the Global Travel and Tourism market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.

The Travel and Tourism market study is being classified by Type (Ticket Reservation, Hotel Booking, Holiday/Tour Packages, Travel Insurance, Foreign Exchange, Visa Services, Others), Application (Domestic, International), Travel Purpose (Business, Leisure & Recreation, Education, Medical, Others), Booking Model (Online, Offline), Booking Type (Travel Agencies, Tourism and Travel Websites, Hotels, Others)

The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Travel and Tourism market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.

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Extracts from Table of Contents
Travel and Tourism Market Research Report
Chapter 1 Travel and Tourism Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued

This report also analyzes the regulatory framework of the Global Markets Travel and Tourism Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.

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