The global travel insurance market reached a value of US$ 21.5 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 12.2% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. ASIA-PACIFIC LEISURE GROUP TRAVEL MARKET, BY COUNTRY, 2023–2030 ($MILLION)TABLE 05. Provides Market Size information to assist with planning and strategic decisions. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF 22-33 AGE GROUP ONLINE TRAVEL MARKET, 2015 & 2022 (%)FIGURE 27. Asia-Pacific accounted for 43.5% market in 2020 followed by North America and Europe that constituted 26.3% and 24.3% market share respectively in 2020. REST OF EUROPE: ONLINE TRAVEL MARKET REVENUE, 2014-2022 ($MILLION)FIGURE 46. Key market trends7.5.2. COMPARATIVE MARKET SHARE ANALYSIS OF GLOBAL ONLINE TRAVEL MARKET, BY REGION, 2015 & 2022 (%)FIGURE 35. Buy on Intrepidtravel.com. DO YOU HAVE SPECIFIC REQUIREMENTS? Market size and forecast, 5.3.1. Apps infused with various features are being developed to remain connected to travelers throughout their journey and to assist them whenever required. ONLINE TRAVEL MARKET, BY SERVICE TYPES, 2014-2022 ($MILLION)TABLE 8. Market size and forecast, by group type, 6.1.4.2. The global business travel market is expected to reach $2,001.1 billion by 2028, growing at a CAGR of 13.2% from 2021 to 2028. Key market trends, growth factors and opportunities4.3.2. As more people are now being connected to internet, travel agencies have started their own website with diversified travel packages offerings around the world. Key findings, 3.2.1. Rapid economic growth in a region coupled with market openness in addition to rise in air connectivity and travel facilitation augment tourism in the Asia-Pacific region, both to/from other regions (interregional) and within the region (intraregional). Based on service, the food & lodging segment is expected to be the fastest-growing segment, growing at a CAGR of 14.2% during the forecast period. ONLINE TRAVEL MARKET, BY MODE OF BOOKING, 2014-2022 ($MILLION). Ellen specializes in service operations and is a part of the travel practice COVID-19 response team. Rise of social media3.6.1.2. Key strategic moves and developments, 8.10.1. ONLINE TRAVEL MARKET BY DESKTOP PLATFORM, BY GEOGRAPHY, 2014-2022 ($MILLION)TABLE 7. Company overview8.1.2. Market size and forecast, CHAPTER 8 GLOBAL ONLINE TRAVEL MARKET, BY GEOGRAPHY. Growth factors and opportunities7.2.3. Overview6.1.9.2. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF 56 AND ABOVE AGE GROUP ONLINE TRAVEL MARKET, 2015 & 2022 (%)FIGURE 33. ASIA-PACIFIC GROUP TRAVEL MARKET: KEY MARKET SEGMENTS. The Travel Accommodation market research report defines key statistical data presented in an organized format including graphs, charts, tables, and illustrations to easily provide a detailed understanding of the Travel Accommodation market. Found inside â Page 21RESEARCH AND PLANNING ACTIVITIES ⢠Charter Regulations for Air Travel . ... offers a travel market of varying size for travel to the United States . THOMAS COOK (INDIA) LIMITED: REVENUE SHARE BY REGION, 2018 (%). 22-33 AGE GROUP ONLINE TRAVEL MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)TABLE 13. The players operating in the global business travel industry have adopted various developmental strategies texpand their market share, exploit the business travel market opportunities, and increase profitability in the market. The food & lodging was alsthe dominating segment, garnering around 50.3% market share in 2020. Based on service, it is segmented inttransportation, food & lodging, and recreation. Market size and forecast, 7.3.1. GLOBUS: PRODUCT PORTFOLIOTABLE 91. Market Size and Forecast 6.2. Being at the bleeding edge of the storm has violently thrown us from a predictable risk environment into the deep uncertainty of uncharted waters. Leisure group segment of the report hold maximum market share in 2019. Kelley Automotive is an automotive company based out of 4253 Sunset Ln, Shingle Springs, California, United States. ONLINE TRAVEL MARKET, BY MODE OF BOOKING, 2014-2022 ($MILLION)TABLE 2. Market size and forecast, by sales channel, 6.1.4.1. Found inside â Page 57The market potential as opposed to market access in Israel ... The setting up by El Al and others of a local company to wholesale travel roup tours should ... LAMEA: ONLINE TRAVEL MARKET, AGE GROUP, 2014-2022 ($MILLION)TABLE 36. International tourist arrivals have consistently grown over the years, from 25 million in 1950 to about 670 million in 2000 and reaching about a billion in 2012. Market size and forecast, by group type6.1.10.3. The total U.S. industry market size for Travel Agencies: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. Company overview9.5.2. According tthe business travel market share analysis, based on traveler, the group was the largest and the fastest-growing segment that garnered 59.5% market share in 2020 and is anticipated tgrow at a significant CAGR of 14.3% in the upcoming future. SMARTPHONES USED TBOOK LEISURE TRIPFIGURE 8. Key Executive8.2.3. Market size and forecast, 7.5.1. Rise of social media positively impacting travel industry, 3.6.2.1. Moreover, travel agents use robots for pre-screening customers. This report presents information regarding key drivers, restraints, and opportunities along with a detailed impact analysis from 2014 to 2022. The growth of the global business travel market is driven by the expansion of the travel & tourism industry, surge in government initiatives for the development of meetings, incentives, conferences, and events (MICE) segment & small and medium-sized enterprises (SMEs) sector, and increase in globalization of businesses. COMPARATIVE MARKET SHARE ANALYSIS OF LAMEA ONLINE TRAVEL MARKET, BY SERVICE TYPES, 2015 & 2022 (%)FIGURE 53. Online Travel Market by Mode of Booking (Direct Travel Suppliers and Online Travel Agencies (OTAs)), By Types of Platform (Desktop and Mobile), By Services Type (Travel Accommodation, Transportation, and Vacation Packages), By Age Group (22-31, 32-43, 44-56, and >56), and By Region – Global Opportunities & Forecast, 2020-2027 MIKI TRAVEL LIMITED: KEY EXECUTIVESTABLE 92. Write us on911@alliedmarketresearch.com, Looking for media contact? Published by Statista Research Department , Feb 10, 2021. EXPEDIA, INC.: REVENUE SHARE BY REGION, 2018 (%)FIGURE 36. Key market trends8.3.2. Write us on media@alliedmarketresearch.com, SIngle User License, Five User License & Enterprise User License. Company overview9.8.2. However, the industry faces major challenges of terrorism, political unrest, and climate change. According to the insights of the CXOs, Asia-Pacific region is expected to grow at a significant rate during the forecast period, owing to increase in government initiatives to carry out business activities conveniently. Panache Travel Group will focus its initial efforts in obtaining clients in the United States interested in the luxury travel market. EUROPE ONLINE TRAVEL MARKET REVENUE, 2014-2022 ($MILLION)FIGURE 42. Travel apps offer high flexibility, wide options, and seamless consumer experience, and thus acts as a prominent differentiating factor for the tourists while choosing a travel agency. Travel apps offer flexibility to travelers, thus, becoming an important differentiating factor for the consumers while choosing a travel company. Furthermore, companies through their innovative mobile travel apps are now attracting large audiences for travel bookings. COMPARATIVE MARKET SHARE ANALYSIS OF GLOBAL ONLINE TRAVEL MARKET, BY TYPES OF PLATFORM, 2015 & 2022 (%)FIGURE 14. Key benefits1.4. Company overview8.6.2. Found inside â Page 12Size of Traveling Party â Forty - four percent of all Belgian travelers to ... through transport carriers tended to travel in smaller than average groups . Market definition and scope3.2. Bargaining power of buyers, 3.5. it is estimated that the market will gain huge industry share . Found insideTravel behavior patterns of the senior travel market were also described, and comparative analyses were conducted between the two age groups on trip ... Based on service, it is segmented into transportation, food & lodging, and recreation. Growth factors and opportunities7.5.3. Get detailed COVID-19 impact analysis on the Asia-pacific Group Travel Market. Market size and forecast, 6.4.1. The overall market size of China’s public cloud services reached US$19.38 billion, with a year-on-year growth of 49.7%, with the highest growth rate in all regions of the world. oneup August 31, 2021. Market size and forecast, by sales channel, 6.1.12.1. The goal of the study was to gain a better understanding of the size and characteristics of this important market segment. U.S. 8.3.1. Found inside â Page 15Special interest groups. The size of the tourism and travel industry means that it attracts the attention of an enormous number of special interest groups. Company snapshot8.5.4. GLOBAL ONLINE TRAVEL TRANSPORTATION MARKET REVENUE, 2014 - 2022 ($MILLION)FIGURE 21. The Freedonia Group provides clients with valuable insights into Market Research, Market Size, Market Share, Market Leaders, Demand Forecasts, Sales, Company Profiles, Industry Trends, and key participating Companies. This is an average of $1,286 per work trip. Product portfolio, 8.7.1. People are now extensively stepping outside the hectic lifestyle to unwind and release stress. Primary research1.4.3. Found inside â Page 56Size. Your. Addressable. Market. Next, hit the Web and try to find data for the relative size and spending for your target customer group and use case. Found inside â Page 83The tourism industry generally understands the term ' senior traveller ' to ... although some travel organisations such as the Saga Group have reduced the ... Company overview9.7.2. PHILIPPINES GROUP TRAVEL MARKET, BY GROUP TYPE, 2017–2022 ($MILLION)TABLE 40. The global luxury travel market size was valued at $945.6 billion in 2019 and is expected grow at a CAGR of 11.1% during 2021-2027 to reach 1,198.3 billion in 2027. All these developments in hotels will lead tthe growth of the food & lodging segment as well as the overall business travel market in the upcoming future. GLOBAL 44-56 AGE GROUP ONLINE TRAVEL MARKET REVENUE, 2014 - 2022 ($MILLION)FIGURE 32. The research focuses on the current market size of the Geotourism markets and its growth rates based on records with the company outlines of key players/manufacturers: Geotourism Market Leading Key players: Expedia Group Priceline Group China Travel China Cyts Tours Holding American Express ; Market segmentation of Geotourism market: EXPEDIA, INC.: OPERATING SEGMENTSTABLE 82. TOP PLAYER POSITIONING, 2017FIGURE 13. Edison, NJ -- -- 07/20/2021 -- The up-to-date coverage of the latest report Global Single Trip Travel Insurance Market provides a detailed synopsis as well as a consistent evaluation of accurate profits over the forecasted timespan.Current trends, industry analysis, and growth development represented in the report are of great help for the new industry players entering the market. THOMAS COOK (INDIA) LIMITED: KEY EXECUTIVESTABLE 95. Found inside â Page 400Due , however , to the fact that package tours and group travel might result in ... size ( i.e. , expenses for 10 travel days by 1 person < expenses for 5 ... Write us on911@alliedmarketresearch.com, Looking for media contact? Company overview8.8.2. Market size and forecast, by sales channel, 6.1.8.1. Operating business segments9.2.3. View PDF ›. However, surge in adoption of advanced technology such as videconferencing hampers the market growth, as it is costeffective and less time-consuming as compared ttravelling. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL ONLINE TRAVEL VACATION PACKAGES MARKET, 2015 & 2022 (%)FIGURE 24. Key Executive8.1.3. The Business Travel Market size is expected to reach $1,657 billion by 2023, registering a CAGR of 4.1% during the forecast period. Substantial development of the travel & tourism sector has fostered the demand for business travel. This report provides a detailed analysis of the global online travel market with respect to mode of booking, types of platform, service types, age group, and geography to enable stakeholders to take appropriate investment decisions. Quarterly data on travel to and from the UK, taken from the International Passenger Survey (IPS). The overall global business travel spending fell by around 52% resulting in huge revenue losses tthe players operating in the business travel market. At $18.3 billion in 2008, packaged travel represents a substantial piece of the total U.S. travel market, but it is also one of the more complex and fragmented segments as well. PRICELINE: COMPANY SNAPSHOTTABLE 40. Found inside â Page 203Incentive travel is most common in the IT, medical, automotive and insurance sectors, with groups ranging in size from 200 to several thousand people. Nowadays, market players are extensively offering travel services through mobile websites and apps, as it is one of the most preferred mediums of travel bookings, particularly among the young professionals.The report segments the global online travel market based on the mode of booking, types of platform, service types, age group, and geography. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF GLOBAL ONLINE TRAVEL TRANSPORTATION MARKET, 2015 & 2022 (%)FIGURE 20. Company snapshot8.6.4. Approximately 90% of corporate travelers in the region own either a smartphone or tablet. IComes with the additional cost of $2500.00 contact sales. Company overview9.9.2. ASIA-PACIFIC GROUP TRAVEL MARKET, BY COUNTRY, 2023–2030 ($MILLION)TABLE 19. The global concierge services market size was valued at USD 537.6 million in 2018 and is expected to register a CAGR of 5.3% from 2019 to 2025. Get detailed COVID-19 impact analysis on the Business Travel Market. REST OF ASIA-PACIFIC GROUP TRAVEL MARKET, 2017–2030 ($MILLION)FIGURE 29. All prices in USD, To ensure high-level data integrity, accurate analysis, and impeccable forecasts, On-demand customization of scope of the report to exactly meet your needs, Targeted market view to provide pertinent information and save time of readers, Global Opportunity Analysis and Industry Forecast, 2021–2028, Global Opportunity Analysis and Industry Forecast, 2017-2023, Global Opportunity Analysis and Industry Forecast, 2020-2027, Global Opportunity Analysis and Industry Forecast, 2020–2027. EUROPE: ONLINE TRAVEL MARKET, BY COUNTRY, 2014-2022 ($MILLION)TABLE 27. By region, the global business travel market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. According tthe business travel market forecast, based on service, the food & lodging segment is expected tbe the fastest-growing segment, growing at a CAGR of 14.2% during the forecast period. INDONESIA GROUP TRAVEL MARKET, 2017–2030 ($MILLION)FIGURE 19. Analyst Tools and Models, 3.1. Key market trends7.3.2. A. Key market trends5.3.2. Includes detail on age and sex of travellers, purpose and length of trip, and spending. PRICELINE: COMPANY SNAPSHOTFIGURE 59. Market size and forecast8.3.4. HIGH COMPETITIVE RIVALRYFIGURE 11. Market size and forecast, 4.3.1. Found insideCARLSON WAGONLIT TRAVEL www.carlsonwagonlit.com Industry Group Code: 561500 ... its private equity partners teamed up to purchase Accor's 50% share in CWT. Please refer to the now monthly and member only Travel Recovery Data Report for the latest data and analysis. BUSINESS TRAVEL MARKET REVENUE, BY SERVICE, 2020–2028 ($BILLION)TABLE 17.U.S. Porters five force analysis, 3.4.1. Key benefits1.3. Identifying white spaces for further development and facilitation of tourism requires consortium to address social issues and shift in consumer preferences. Growth factors and opportunities8.4.3. Asia-Pacific has enjoyed exceptional performance in international tourism in the last few years with above 80% of travelers being intraregional. IMARC Group provides an analysis of the key trends in each sub-segment of the India business travel market, along with forecasts at the country and regional level from 2021-2026. Market size and forecast by sales channel, 5.2.1. Market size and forecast, by group type6.1.3.3. LAMEA (Latin America, Middle East, and Africa), 8.5.1. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. EXPEDIA, INC.: KEY EXECUTIVESTABLE 80. Found insideitinerary Less personalized, everything is set for a group No hassle of ... The target market size for niche tours is smaller compared to other types. The Travel Industry Turned Upside Down SKIFT RSARCH 4 Ellen Scully is a consultant in McKinsey’s Seattle office. Luggage and Travel Bags Market Trends in China : September 2021 $ 3000 Global Travel Luggage Market (2019 Edition) – World Market - Opportunities and Forecast (2014-2024) : October 2019 $ 2000 Consumer Foodservice in the United Kingdom February 2021 Places, which are well-developed and suited for trade work and GROUP TRAVEL MARKET, BY,... View and BOOKING status regarding key drivers, restraints, and tourism no longer in Sync, 3.6.3.1 %! However today ’ s Seattle office global TRAVEL vaccines MARKET reached a value of TRAVEL and... 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