Online Travel Market Technology Growth: 2027 by Regional Demand and Top Companies like Airbnb, Expedia Group, Fareportal, Hostelworld Group, MakeMytrip

The report on Online Travel Market will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims.

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Online Travel Market Growth, Size, Industry Analysis, Share, Trends and Forecast 2022

Online Travel Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $1,091 billion by 2022, registering a CAGR of 11.1% during the period 2016-2022. Asia-Pacific is expected to witness the highest growth during the forecast period. Direct travel suppliers, such as hotels, airlines and car rental companies, which offer booking facilities on their websites, dominate the market, whereas Online Travel Agencies (OTAs) would witness higher growth over the next 5 – 6 years. Growth of the online travel market is driven by the increase in internet penetration, rise in disposable income…

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