Online Travel Booking Service Market is Dazzling Worldwide and Forecast to 2031

Global online travel booking service market is anticipated to grow at a CAGR of 14.8% during the forecast period (2024-2031). There are several popular flight booking apps available, such as Skyscanner, Kayak, and Google Flights, which provide users with features such as price comparison, flexible dates, and travel alerts to make booking flights easier. Similarly, there are hotel booking apps like Hotels.com, Agoda, and HotelTonight, which offer various accommodation options and loyalty programs. For transportation, apps like Uber, Lyft, and Moovit assist users in finding rides and navigating public transit systems. Lastly, activity booking apps such as Viator, GetYourGuide, and Klook allow users to book tours, attractions, and experiences directly from their mobile devices. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications. For instance,

In February 2024, Cleartrip launched 'Out of Office', a corporate travel management product. The product launch takes place in the context of Cleartrip's intention to concentrate mostly on corporate travel reservations.

In February 2024, Yatra Online, launched its latest ad campaign #BindaasBookKar, promoting week-long offers on flights, hotels, holiday packages, and buses. The campaign, consisting of relatable short films, encourages consumers to book travel plans confidently and easily.

In August 2023, Insta Tourism launched BookMyBooking.com, an online travel booking service, aiming to revolutionize the travel planning process by providing a convenient platform for discovering, comparing, and securing the best tour, activity, and package experiences globally.

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Market Coverage

•                 The market number available for - 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

·        By Type

·        By Device Platform

·        By Booking Type

·        By Tour Type

Regions Covered-

•       North America

•       Europe

•       Asia-Pacific

•       Rest of the World

Competitive Landscape- Airbnb, Inc., Booking Holdings Inc., Expedia, Inc., MAKEMYTRIP PVT. LTD., Tripadvisor LLC, among others.

Online Travel Booking Service Market Report Segment

By Type

•       Vacation Packages

•       Accommodation Booking

•       Transportation Booking

•       Others (Corporate Travel Services)

By Device Platform

•       Mobile

•       Desktop

By Booking Type

•       Online Travel Agencies   

•       Direct Travel Suppliers

By Tour Type

•       Independent Traveller

•       Package Traveller

A full Report of Online Travel Booking Service Market is Available @https://www.omrglobal.com/industry-reports/online-travel-booking-service-market 

Online Travel Booking Service Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•       Cleartrip PVT. LTD.

•       Cox & Kings Ltd.

•       Despegar

•       EaseMyTrip

•       Hostelworld Group PLC

•       Kuoni

•       Lastminute.com Group

•       MAKEMYTRIP PVT. LTD.

•       Marriott International, Inc.

•       Thomas Cook Tourism

•       Trip.com group

•       Tripadvisor LLC

•       trivago N.V

•       TUI AG

•       Yatra Online LTD.

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