Online Travel Market Soar at 11.1% CAGR to 2022 | Expedia, Priceline Group, TripAdvisor LLC, Ctrip.com International, Hostelworld Group, Hotel Urbano Travel and Tourism SA, Cheapoair.Com. Trivago GmbH

Online Travel Market by Mode of Booking (Online Travel Agencies and Direct Travel Suppliers), Types of Platform (Mobile and Desktop), Service Types (Transportation, Travel Accommodation, and vacation Packages), and Age Group (22-31, 32-43, 44-56, and 56)-Global Opportunity Analysis and Industry Forecasts, 2014-2022

The Online Travel Market is estimated to garner $1,091 billion by 2022, registering a CAGR of 11.1% during the forecast period 2016-2022. Online travel providers aim to ease travel planning and bookings for travelers.Online travel market players are extensively offering travel services through mobile websites and apps, as it is one of the most preferred mediums of travel bookings, particularly among the young professionals.

The age group of 22-31 years comprises the young population, which are the early starters in their professional career. These travelers are more inclined to spend on travel and explore new destination, as compared to the travelers in the higher age-group category.

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Companies Profiled in this report includes: Expedia, Inc., Priceline Group Inc., TripAdvisor LLC, Ctrip.com International, Ltd., Hostelworld Group, Hotel Urbano Travel and Tourism SA, Cheapoair.Com. Trivago GmbH, Thomas Cook Group Plc, and MakeMyTrip Limited.

Online travel services offer convenient usage of debit & credit cards and a platform to compare prices, features, and services of online travel products, which has led to the escalation in adoption of these services. Moreover, customers tend to rely on websites review to avail the best online travel deals. Hectic lifestyle, rise in disposable income, and increased spending power has encouraged people to plan holiday trips at frequent intervals, thus, driving the online travel market growth. Also, entry of established ecommerce players such as Alibaba (online travel site Alitrip), in online travel market, is intensifying the market competition.

The market is categorized by mode of booking, types of platform, types of services, age group and geography. By mode of booking, the online travel market comprises online travel agencies (OTAs) and direct travel suppliers. Based on types of platform, the market is sub-segmented into mobile and desktop. By types of services, it is sub-segmented by transportation, travel accommodation, and travel packages. Based on age group, the market is bifurcated into 22-31, 32-43, 44-56, and >56. By geography, the market is broadly segmented into North America, Europe, Asia-Pacific, and LAMEA.

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KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the online travel market to elucidate the imminent investment pockets.

Current trends and future estimations are outlined to single out profitable trends and gain a stronger foothold in the market.

The report provides information about key drivers, restraints, and opportunities with a detailed impact analysis.

Quantitative analysis of the current market and estimations from 2014 to 2022 is provided to showcase the financial competency.

Porter's Five Forces model of the industry illustrate the potency of the buyers and suppliers.

Value chain analysis provides a clear understanding of the roles of stakeholders involved.

Table of Content:

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 GLOBAL ONLINE TRAVEL MARKET, BY MODE OF BOOKING

CHAPTER 5 GLOBAL ONLINE TRAVEL MARKET, BY TYPES OF PLATFORM

CHAPTER 6 GLOBAL ONLINE TRAVEL MARKET, BY SERVICE TYPES

CHAPTER 7 GLOBAL ONLINE TRAVEL MARKET, BY AGE GROUP

CHAPTER 8 GLOBAL ONLINE TRAVEL MARKET, BY GEOGRAPHY

CHAPTER 9 COMPANY PROFILES

9.1. Expedia, Inc.

9.2. Priceline Group Inc.

9.3. TipAdvisor LLC

9.4. MakeMytrip Limited

9.5. Hostelworld Group

9.6. Thomas Cook Group Plc

9.7. TrivagGmbH

9.8. Cheapoair.Com

9.9. Hotel UrbanTravel and Tourism Sa

9.10. Ctrip.Com International, Ltd.

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Posted by on Tuesday September 17 2019, 2:15 AM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Software & Services, Technology, Media, & Telecommunications, Travel & Leisure. Comments and Trackbacks closed. Follow responses: RSS 2.0

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