Global Online Travel Bookings Market is anticipated to showcase healthy growth by 2022.
The Global Online Travel Bookings Market is anticipated to showcase healthy growth by 2022. Factors such as convenient and quick flight and hotel bookings and rising adoption of e-commerce are the major market drivers. Apart from that, availability of numerous choices and comparison options and increased safety of online payment methods can further propel the market over the forecast period (2018 to 2022). Growing trends of e-commerce and m-commerce due to high adoption of internet and mobile devices are projected to spur the market growth in the forthcoming years. Online travel industry fundamentally depends on e-commerce websites developed to offer continent bookings of hotels and flights. High penetration of internet and use of social media are the crucial factors expected to positively influence expansion of the market for online travel bookings. Since, the growth of the industry mostly depends on reviews on the different websites, the rise in these reviewing websites can furth...