Global Online Travel Market Research Report by Forecast to 2023
Global Online Travel Market Research Report by Forecast to 2023
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Global Online Travel Market Research Report by Forecast to 2023
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Copyright © 2017 Market Research Future.
Global Online Travel Market Research Report by Forecast to 2023
Summary The elimination of touts which charge a hefty price has made room for the online travel sector to bloom. The global online travel market report by Market Research Future (MRFR) states drivers, opportunities, threats, and weakness in the market in a step-by-step manner.
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Global Online Travel Market Research Report by Forecast to 2023
Major Key Players: •
Expedia, Inc. (U.S.)
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The Priceline Group (U.S.)
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TripAdvisor Inc. (U.S.)
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Ctrip (China)
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Hostelworld Group (Republic of Ireland)
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Hotel Urbano (Brazil)
Segmentation: •
By mode of booking, it is segmented into direct travel facilitators and online travel agencies.
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By service type, it is segmented into vacation packages, accommodation, and transport. Vacation packages can generate maximum market revenue due to holiday goers and tourist attaining deep discounts on these services.
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Regional Analysis: North America is expected to dominate the market till the end of the forecast period due to adoption of customer relationship management (CRM) solutions for personalizing travel experiences. The booming travel & tourism industry combine with changing visa policies is expected to shift the preference of
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Global Online Travel Market Research Report by Forecast to 2023 visitors to online sites. Convenience offered by these sites and the manageable user interface is likely to boost online travel market revenue in the region. Europe is driven by heavy investments in enhancing public infrastructure and adoption of mobile technology to drive bookings. Intense competition among agencies coupled with travel uncertainties due to volatile political scenarios such as Brexit can pose a challenge to market growth.
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Copyright Š 2017 Market Research Future.
Global Online Travel Market Research Report by Forecast to 2023
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Copyright Š 2017 Market Research Future.