{"id":346781,"date":"2019-03-25T19:15:03","date_gmt":"2019-03-25T19:15:03","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=346781"},"modified":"2019-03-25T19:15:03","modified_gmt":"2019-03-25T19:15:03","slug":"online-travel-market-anticipates-that-it-will-be-usd-12-trillion-by-the-year-2024-due-to-increasing-internet-penetration-the-growing-adoption-of-social-media","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/online-travel-market-anticipates-that-it-will-be-usd-12-trillion-by-the-year-2024-due-to-increasing-internet-penetration-the-growing-adoption-of-social-media_346781.html","title":{"rendered":"Online Travel Market anticipates that it will be USD 1.2 Trillion by the year 2024 due to increasing internet penetration & the growing adoption of social media"},"content":{"rendered":"
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“Renub Research latest report on Online Travel Market anticipates that it will be US$ 1.2 Trillion by the year 2024.”<\/div>\n<\/div>\n<\/div>\n
Renub Research report titled \u201cOnline Travel Market, By Tourism & Hotel Booking (Online, Offline), Types of Platform (Mobile, PC), Regions (United States, Europe, Latin America, Asia Pacific, Middle East) Companies (Expedia, Inc, Booking Holdings Inc, TripAdvisor Inc, Ctrip.com International Ltd) Global Analysis\u201d provides a comprehensive assessment of fast sprouting and high\u2013growth online travel market. <\/div>\n

he online travel market has grown significantly over the last few years and is expected to continue so in the forthcoming years owing to rapid digitalization of travel services and traveling trend of people globally. The digitalization of the travel industry offers a thrilling mix of digital and human interaction in building a personalized travel experience. The explosion of mobile devices and the growing confidence of customers in the safety of mobile payments hugely complement the growth of the online travel market. Further, the travel market is witnessing partnership, with leading online travel agencies (OTAs<\/strong>) acquiring the start-ups and other smaller players; help online travel market to grow seamlessly as these partnerships offer a variety of travel options to travelers. Renub Research latest report on Online Travel Market<\/a> anticipates that it will be USD 1.2 Trillion<\/strong> by the year 2024<\/strong>.<\/p>\n

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The online travel market is one of the most innovative markets as it comprises of leading IT companies and e-commerce giants who understood the needs of a customer and create such a novel platform which not only help online travel players to come closer but also offers travelers with varieties of options at their ease. This online platform helps travel-related companies to sell their products and services to customers seamlessly providing better and enhanced opportunities to their customers.<\/p>\n

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Request a free sample copy of the report: https:\/\/www.renub.com\/request-sample-page.php?gturl=online-travel-market-p.php<\/a><\/em><\/strong><\/p>\n

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The online travel market is generally made up of e-commerce (desktop, laptop or mobile) websites that provides easy and hassle-free booking options and buying experience to the travelers. Increasing internet penetration, the rise in disposable income of people in emerging markets and the growing adoption of social media are some the major factors influencing the growth of the online travel market. The majority of the online travel market is being driven by hotel bookings and flights. In addition; the online travel market is also highly influenced by the reviews on the websites. These reviews assist the travelers in deciding the travel plan and also on which websites they should do their booking as these reviews offer customer ease of comparing a variety of travel options online.<\/p>\n

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Today, the online travel market players are providing innovative tour and travel package deals to help travelers in selecting sound travel decisions as per their spending capabilities, such as cheap international destination packages, discount on online payments and further with cash back on their bookings. The online travel agencies (OTAs) are escalating their offerings very randomly to attract more customers and increase their customer base eventually.<\/p>\n

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Client can Purchase this Report in Sections from below link:<\/strong><\/p>\n

Access full Research:<\/strong> https:\/\/www.renub.com\/online-travel-market-p.php<\/a><\/strong><\/em><\/p>\n

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The travelers of developed and developing countries are now opting to shop online and purchase their travel itinerary. This shift to booking online continues over offline due to various reasons including better technology infrastructure, online penetration, adoption of credit cards and macroeconomic conditions which help online travel market to cross a new boundary in the forthcoming years.<\/p>\n

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Market Summary<\/strong><\/p>\n

1- Region-wise, the report provides the online travel market of United States, Asia Pacific, Europe, Middle East and Latin America.<\/p>\n

2- Platform types, the report captures the information of online travel market by mobile and Computer<\/p>\n

3- Segments wise, Total booking market, Online Penetration of the Total Travel Booking Market, Online Travel Market, Offline Travel Booking Market has been studied in the report<\/p>\n

4- Company Analysis, Expedia, Inc., Booking Holdings Inc., TripAdvisor, Inc., Ctrip.com International, Ltd all the 4 companies have been analyzed in the report<\/p>\n

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If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team<\/strong> at info@renub.com  <\/strong><\/em><\/p>\n

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Browse Related Report :<\/strong><\/p>\n

China Outbound Tourism Market<\/strong><\/em><\/a><\/p>\n

India Outbound Tourism Market<\/strong><\/em><\/a><\/p>\n

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Contact Us<\/strong><\/p>\n

Renub Research<\/strong><\/p>\n

Phone:+1-678-302-0700<\/em><\/strong><\/p>\n

Email: info@renub.com<\/em><\/strong><\/p>\n

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Key Topics Covered :<\/strong><\/p>\n

1. Introduction<\/p>\n

    1.1 Market Definition
    1.2 Currency Conversion<\/p>\n

2. Research Methodology<\/p>\n

3. Executive Summary<\/p>\n

4. Global Online Tourism Market<\/p>\n

5. Global Travel & Hotel Market<\/p>\n

    5.1 Travel Market & Forecast
    5.2 Hotel Booking Market & Forecast<\/p>\n

6. Market Share – Travel & Hotels<\/p>\n

    6.1 Booking Mode (Online Vs. Offline)
    6.2 Travel Booking By Region
    6.3 Hotel Booking By Region<\/p>\n

7. United States<\/p>\n

    7.1 Travel Market & Forecast
    7.2 Hotel Booking Market & Forecast<\/p>\n

8. Europe<\/p>\n

    8.1 Travel Market & Forecast
    8.2 Hotel Booking Market & Forecast<\/p>\n

9. Asia Pacific<\/p>\n

    9.1 Travel Market & Forecast
    9.2 Asia Pacific – Country Online Travel Market
    9.3 Hotel Booking Market & Forecast<\/p>\n

10. Latin America<\/p>\n

    10.1 Travel Market & Forecast
    10.2 Hotel Booking Market & Forecast<\/p>\n

11. Middle East<\/p>\n

    11.1 Travel Market & Forecast
    11.2 Hotel Booking Market & Forecast<\/p>\n

12. Platform – Online Travel Booking Market<\/p>\n

    12.1 Mobile Booking Online Travel Market
    12.2 By Countries
    12.3 PC Online Travel Booking Market<\/p>\n

13. Growth Drivers<\/p>\n

    13.1 Data-Centric Personalization
    13.2 Technological Innovation and Big Data<\/p>\n

14. Challenges<\/p>\n

    14.1 Rise in Online Hotel Booking Scams
    14.2 Threats to Data Security & Privacy<\/p>\n

15. Expedia, Inc<\/p>\n

    15.1 Company Overview
    15.2 Initiatives
    15.3 Financial Insight<\/p>\n

16. Booking Holdings Inc<\/p>\n

    16.1 Company Overview
    16.2 Initiatives
    16.3 Financial Insight<\/p>\n

17. TripAdvisor, Inc<\/p>\n

    17.1 Company Overview
    17.2 Initiatives
    17.3 Financial Insight<\/p>\n

18. Ctrip.com International, Ltd<\/p>\n

    18.1 Company Overview
    18.2 Initiatives
    18.3 Financial Insight<\/p>\n

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About Us<\/strong><\/p>\n

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. Our clients rely on our market analysis and data to make informed knowledgeable decisions. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Renub Research<\/a>
Contact Person:<\/strong> Rajat Gupta
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> +1-678-302-0700
Address:<\/strong>225 Kristie Ln
City:<\/strong> Roswell
State:<\/strong> Georgia
Country:<\/strong> United States
Website:<\/strong> www.renub.com\/travel-and-tourism-4-c.php<\/a><\/p>\n

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“Renub Research latest report on Online Travel Market anticipates that it will be US$ 1.2 Trillion by the year 2024.” Renub Research report titled \u201cOnline Travel Market, By Tourism & Hotel Booking (Online, Offline), Types of Platform (Mobile, PC), Regions … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-346781","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/346781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=346781"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/346781\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=346781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=346781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=346781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}