List Of Online Travel Booking Statistics 2016 References

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Online Travel Booking Statistics 2016. Some 44 percent of travel sales and bookings are expected to occur online through either desktop or mobile devices during the next five. 64% of millennials prefer booking on travel websites for hotels, 47% prefer booking through specific hotel, resort and airline websites, and 24% prefer to book through travel agents (resonance consultancy)


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When looking at the leading companies in the ota market, booking holdings and expedia were the biggest online travel agencies by revenue worldwide in 2020, generating nearly seven billion and over. Of that, the online travel segment was 32 percent of the pie, which totals around us$117 billion. The cut in asia pacific (apac) was us$367 billion;

It seems americans don’t mind booking accommodations and airfare on small screens. Online booking agencies (ota) market share in european countries 2019 The global online travel market size was valued at $354.2 billion in 2020, and is estimated to reach $1,835.6 billion by 2031, registering a cagr of 14.8% from 2022 to 2031. This statistic shows the distribution of online travel bookings in the united states in the first quarter of 2016, by device used.