Use Online Intermediaries for Travel Booking Accelerated Post the Pandemic
Online travel agencies will witness high growth opportunities
The global travel market is recovering from the negative effects of the pandemic, according to the recent data cited in the report. This provides a growth momentum to the online travel booking channel, which is poised to expand substantially in 2022 compared to the past year. For instance, the USA will see a double-digit growth of the gross airline bookings coming from online channels after 2022. For the Asia-Pacific market as well, the use of online platforms for booking travel related services is expected to rise in the coming years, with double-digit CAGR predicted for countries including Indonesia, Singapore and Thailand.
Booking.com leads the online travel market sales across regions
As revealed by this report, Booking.com was the highest revenue maker globally within the online travel agencies market, reaching to a double-digit billion of dollars revenue figure in 2021. It also had a close to hundred million mobile app downloads in the same year. In Asia-Pacific, Booking.com was the most visited travel and tourism website. Competitors such as Expedia Group and Airbnb also experience growth in various markets as highlighted in the new report.
Questions Covered in the report:
- What are the emerging trends currently and, in the future, impacting the Online travel market?
- Which are the leading Online Travel Apps and websites globally?
- What is the projected development of online travel booking in the Southeast Asian market by 2024?
- What is the expected growth of Online Travel bookings in Europe as of 2025?
- As of 2021, which are the top payment methods used by travelers in Mexico to book travel online?
- What are the most preferred travel booking channels in the Middle Eastern and African regions?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Table of Contents
1. Management Summary
Samples
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Companies Mentioned
A selection of companies mentioned in this report includes:
- Agoda
- Airbnb
- Booking.com
- Ctrip
- Expedia
- Hoper
- Hotwire
- Leboncoin.fr
- Orbitz
- OYO
- Skyscanner
- Travel.Yandex.ru
- Traveloka
- Trip.com
- Tripadvisor
- Trivago
- Tutu.ru
- Webbeds
Methodology
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