Online Travel Agency Market Next Big Thing : Major Giants- Expedia, Airbnb, Tripadvisor

PRESS RELEASE
Published May 30, 2023

This press release was orginally distributed by SBWire

NJ New Jersey, USA -- (SBWIRE) -- 05/30/2023 -- Latest Study on Industrial Growth of Global Online Travel Agency Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Online Travel Agency market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Some of the key players profiled in the study are:
Expedia Group, Inc. (United States), Booking Holdings (Netherlands), TravelPerk S.L.U (Spain), Airbnb, Inc. (United States), Tripadvisor, Inc. (United States), Google Hotels (United States), Travelgenio (Spain), eDreams (United States), Weekend.com (Germany), Qunar (China).

Scope of the Report of Online Travel Agency
An online travel agency is an online platform for travelers that manages and sells accommodations, tours, trips, and transportation packages. It is used for hotels, vacations, travel, etc applications. It is considered as a third party that sells and manages the travel packages on behalf of other companies and hotels. usually, the online travel agencies provide various benefits with value-added convenience and aim mostly at individual customers rather than the corporations who use corporate travel agencies.

The titled segments and sub-section of the market are illuminated below:
by Type (B2B, B2C), Application (Hotel, Vacation, Travel, Others), Function (Making Reservations, Translation Services, Direction Guidance, Audio Guidance, Other), Model (Merchant Model, Agency Model), Deployment (Web based, Application based)

Market Drivers:
Growing Digitalization and Need for Instant Travel Arrangements
Demand for Easy Travel Booking and Exploring Online Platform

Market Trends:
Increasing Utilization of Application-based Online Travel Agency for the Flights and Hotels Booking

Opportunities:
Investment in the Advertisement of Online Travel Agency
Rapid Increase in Demand for Vacation and Traveling Since the Removal of Pandemic Lockdowns Restriction will Boost the Online Travel Agency

Challenges:
Presence of Fake Online Travel Agency Players in the Market Involved in Fraudulent Activities

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Online Travel Agency Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Online Travel Agency market
Chapter 2: Exclusive Summary – the basic information of the Online Travel Agency Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Online Travel Agency
Chapter 4: Presenting the Online Travel Agency Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Online Travel Agency market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Online Travel Agency Market is a valuable source of guidance for individuals and companies.

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