Market Research Report
Global Online Travel Market 2019
|Published by||yStats.com GmbH & Co. KG||Product code||917645|
|Published||Content info||122 Pages/Charts
Delivery time: 1-2 business days
|Global Online Travel Market 2019|
|Published: November 27, 2019||Content info: 122 Pages/Charts||
"Online share of travel sales worldwide nears 50%."
Online travel sales worldwide are projected to increase at a single-digit growth rate annually between 2019 and 2022, outpacing the overall travel market. As a result, the online share of global travel sales nears 50% and is projected to increase further over the next several years.
The top online travel markets from different global regions include the USA, China, and the UK. Furthermore, the countries of Southeast Asia are expanding rapidly, while the growth rates in the mature markets of Europe and North America are declining. Another fast-growing digital travel market is the Middle East, where currently only around one-third of travel bookings are online.
The leading online travel agencies worldwide include Booking.com, Expedia and Trip.com. Booking.com also ranks as the top travel website by number of visits. In addition, the competition is intensifying and travel unicorns are flourishing, led by Airbnb which is planning an IPO for 2020.
Asia-Pacific, Europe, North America, Latin America, Middle East & Africa.
Airbnb Inc., Booking Holdings Inc, Trip.com Group Ltd, Expedia Group Inc., TripAdvisor Inc., Oravel Stays Private Ltd, Hotels.com, Agoda Co Pte Ltd , Rakuten Travel Inc., Alibaba Group Holdings.