Global Online Travel Market 2016 Trends, Opportunities, Growth Drivers, Competitive Landscape & 2020 Forecasts Analysis
The Global Online
Travel Market: Trends and Opportunities (2016-2020) research of 55 pages with 25
Figures and 11 Tables to the travel & hospitality industry segment of its
online data and intelligence library. Complete report available at http://www.marketreportsonline.com/464584.html.
The report titled “Global Online Travel Market: Trends and
Opportunities (2016-2020)” analyzes the potential opportunities and significant
trends in the global online travel market. Market outlook in value terms for
the forecasted period for global online travel market has been detailed in the
report. Online leisure/unmanaged business travel, a segment of online travel
has also been covered in the report. The report provides detailed analysis of
leading players in the sector including Expedia Inc., The Priceline Group and
Hostelworld on the basis of attributes such as business overview, recent
developments, financials and strategies adopted by the market leaders in order
to ensure growth, sustainability, etc.
Geographical Coverage
of Online Travel Market 2016 Edition Report: The US, Europe, Asia Pacific, China
& Latin America
Company Coverage of
Online Travel Market: Expedia Inc., The Priceline Group & Hostelworld
Online travel industry originated in the 1970s in the United
States market. Online travel market, a segment of global travel market comes up
with strong growth fundamentals. The market can be broadly split into direct
bookings with travel suppliers and bookings made through an OTA. The OTA space
can be broadly divided into Generalist OTAs and Specialist OTAs. Generalist
OTAs such as Expedia and Booking.com (owned by Priceline Group), spans broader
market and caters to all forms of travel (lodging, flights, packages, car
rentals, etc.). On the other hand, Specialist OTAs (e.g. Hostelworld), operates
within travel niches such as the hostel space. In major part of the world,
majority of bookings are made directly through suppliers. Worldwide online
booking via suppliers accounted for close to 60% share of total online bookings
in the year 2015.
Purchase a copy of
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From a regional perspective, Asia Pacific, Western Europe
and the US market are seen to be similar in size and collectively accounting
for 80% share of global online travel market in the year 2015. In the upcoming
years, emerging market is expected to outperform growth in advanced region due
to betterment of socio-economic factors. In addition to this, emerging markets
also has high proportion of Millennial population.
Growth of global online travel market is
driven by growth in global tourism industry, rise in internet penetration and
increasing mobile presence. Increasing internet penetration and rise in sue of
smartphones especially in emerging economies are providing impetus to online travel
industry globally. However, presence of certain factors is also posing
hindrance to growth of the industry. Some of these factors are threat from
alternative accommodation providers, regulation and compliance in the industry
and high marketing spending for companies operating in the segment. Key trends
prevailing in the industry includes organic expansion of core brands and
increasing capital investment and supply in the hostel space.
Major Points from
Table of Contents from Global Online Travel Market:
1. Executive Summary
2. Introduction
3. Global Online Travel Market Analysis
4. Global Online Travel Market Regional Analysis
5. Global Online Travel Market Trends
6. Global Online Travel Market: Growth Drivers &
Challenges
7. Competitive Landscape
8. Company Profiles
List of Tables
List of Figures
Other Related Report on Online Travel Market:
Research on China Online Tourism Industry, 2015 (http://www.marketreportsonline.com/413758.html)
The market size of Chinese online tourism industry is RMB 277.3 billion in
2014, increased by 27.1% on a YoY base. Air ticket and hotel remains the top 2
segements in 2014 with a total market share of nearly 81%.
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newly published reports by Daedal Research at http://www.marketreportsonline.com/publisher/daedal-research-market-research.html.
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