Online travel market – Statistics & Facts The online travel industry is primarily made up of travel e-commerce sites and review sites. Travel e-commerce sites specialize in the selling of travel products such as flights, hotels, and rental cars.
Research report on Online travel market size, share, statistics and industry analysis. Market is anticipated to register a CAGR of 11.1% from 2016 – 2022. Research report on Online travel market size, share, statistics and industry analysis.
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Watch video · The report found that about 180 million people visited online travel sites in a month. That is a 27 percent increase from the year-earlier period. The industry as a whole has improved since the previous year. Total bookings of air, hotel and rental cars in the first quarter was $35.1 billion, about 11 percent higher from the same period last year.
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(see Chart 4). Chart 1: E-commerce (clothing, electronics, household goods, etc) and travel will together make up more than 90 percent of total online retail spend in 2025 in Southeast Asia. Chart 2: …
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Additionally, the online travel market is highly affected by the reviews on the websites. These reviews help the consumers to decide on which websites should they buy from. The online travel industry …
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