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According to Phocuswright s latest travel research report Global Travel Market Report 2024 the top 15 markets in 2023 closely resemble those of 2019 exhibiting some shifts in their
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By 2026 online bookings are forecasted to account for 65 of all travel bookings globally up from 61 in 2023 North America has emerged as the world s largest regional travel
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September 2024 This document provides an overview of the top Online Travel Agencies OTAs in North America as of September 2024 It covers market performance key players emerging trends
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North America has solidified its position as the world s largest regional travel market but Europe and APAC are leading the way in online penetration surpassing North America in 2023 and
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Phocuswright projects that global gross bookings are expected to increase from 1 6 trillion in 2024 to 1 72 trillion in 2025 Based on this estimate online bookings will advance more
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The Phocuswright Global Travel Market Report 2024 highlights the increasing dominance of online travel which is expected to grow at a compound annual growth rate CAGR of
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Online bookings are expected to grow at an even faster rate with annual growth of 8 12 Gross bookings are projected to increase from 1 6 trillion in 2024 to 1 72 trillion in 2025
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The Phocuswright Global Travel Market Report 2024 highlights the increasing dominance of online travel which is expected to grow at a CAGR of 9 8 between 2023 and 2026
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Online travel continues to outpace total market advances with a projected CAGR of 9 8 between 2023 2026 The travel executives and companies driving these numbers will attend The
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