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Online Travel Booking Service Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)

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Global online travel booking service market is anticipated to grow at a CAGR of 14.8% during the forecast period (2024-2031). There are several popular flight booking apps available, such as Skyscanner, Kayak, and Google Flights, which provide users with features such as price comparison, flexible dates, and travel alerts to make booking flights easier. Similarly, there are hotel booking apps like Hotels.com, Agoda, and HotelTonight, which offer various accommodation options and loyalty programs. For transportation, apps like Uber, Lyft, and Moovit assist users in finding rides and navigating public transit systems. Lastly, activity booking apps such as Viator, GetYourGuide, and Klook allow users to book tours, attractions, and experiences directly from their mobile devices. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications. For instance,

In February 2024, Cleartrip launched ‘Out of Office’, a corporate travel management product. The product launch takes place in the context of Cleartrip's intention to concentrate mostly on corporate travel reservations.

In February 2024, Yatra Online, launched its latest ad campaign #BindaasBookKar, promoting week-long offers on flights, hotels, holiday packages, and buses. The campaign, consisting of relatable short films, encourages consumers to book travel plans confidently and easily.

In August 2023, Insta Tourism launched BookMyBooking.com, an online travel booking service, aiming to revolutionize the travel planning process by providing a convenient platform for discovering, comparing, and securing the best tour, activity, and package experiences globally.

To Request a Sample of our Report on Online Travel Booking Service Market:  https://www.omrglobal.com/request-sample/online-travel-booking-service-market

Market Coverage

                 The market number available for – 2023-2031

                 Base year- 2023

                 Forecast period- 2024-2031

Segment Covered- 

·        By Type

·        By Device Platform

·        By Booking Type

·        By Tour Type

Regions Covered-

       North America

       Europe

       Asia-Pacific

       Rest of the World

Competitive Landscape- Airbnb, Inc., Booking Holdings Inc., Expedia, Inc., MAKEMYTRIP PVT. LTD., Tripadvisor LLC, among others.

Online Travel Booking Service Market Report Segment

By Type

       Vacation Packages

       Accommodation Booking

       Transportation Booking

       Others (Corporate Travel Services)

By Device Platform

       Mobile

       Desktop

By Booking Type

       Online Travel Agencies   

       Direct Travel Suppliers

By Tour Type

       Independent Traveller

       Package Traveller

A full Report of Online Travel Booking Service Market is Available @https://www.omrglobal.com/industry-reports/online-travel-booking-service-market 

Online Travel Booking Service Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles

       Cleartrip PVT. LTD.

       Cox & Kings Ltd.

       Despegar

       EaseMyTrip

       Hostelworld Group PLC

       Kuoni

       Lastminute.com Group

       MAKEMYTRIP PVT. LTD.

       Marriott International, Inc.

       Thomas Cook Tourism

       Trip.com group

       Tripadvisor LLC

       trivago N.V

       TUI AG

       Yatra Online LTD.

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1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/online-travel-booking-service-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

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Contact Person: Mr. Anurag Tiwari

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