A new report released by Hamburg-based secondary market research company yStats.com tells of the continuing shift of global hotel and accommodation booking towards online channels. The publication, titled “Global Online Accommodation Booking Market 2018” covers the growth of online sales across 6 global regions and predicts that online travel agencies…
Global online travel market shows positive dynamics. The online travel market is expanding worldwide and projected to maintain positive dynamics despite a slowing growth rate. Global digital travel sales are expected to approach a 50% milestone in share of total travel sales in 2018, according to a forecast cited in…
Almost half of the world’s total travel sales were projected to be completed online in 2016. When looking at Europe specifically, their online travel market is forecasted to grow in high single digits in the same time frame. Western Europe made up for nearly the whole regional market size, however…
Travel sales account for a major section of the online retail market, making it the third most purchased category by online shoppers across the globe. Furthermore, the online share of total travel sales worldwide were estimated at nearly 50%. Third party research forecasts that mobile sales of travel services will…
