+24 Online Travel Industry Overview 2022

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Online Travel Industry Overview. Online travel market size and forecast. Firstly, this chapter describes the nature of tourism and the individuals’ inherent.

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For the travel industry, 2022 is about more than simply watching air passenger volumes increase and hotel occupancy rates pick up as visitors return to cities and beaches. The online 2019 travel market projection of $756 billion is expected to grow to $817 billion by 2020. We’ve also included a list of major localized online travel agencies that are prominent in specific regions:

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In 2018 digital travel sales worldwide hit $694 billion and $190.4 billion was from the us. Online travel gross bookings will grow in double digits and outpace the overall travel market. Online travel growth continues to outpace the overall market, and although supplier websites are expected to grow slightly faster than otas, the balance between suppliers and intermediaries will remain unchanged through 2022. The market declined from $744.7.