Global travel, accommodation booking and airline booking market 2022


The use of online intermediaries for booking travel has accelerated during the pandemic, with the online accommodation market seeing a recovery in 2022. The shift from traditional flight booking channels to more gives rise to digital platforms, with OTAs experiencing strong growth opportunities.

New York, Nov. 07, 2022 (GLOBE NEWSWIRE) — announces the release of the “Global Travel, Accommodation Booking, and Airline Booking Market 2022” report –

The global travel market is recovering from the negative effects of the pandemic, according to recent data cited in the report. This gives growth momentum to the online travel booking channel, which is poised to grow significantly in 2022 compared to last year. For example, the United States will experience double-digit growth in gross airline bookings from online channels after 2022. For the Asia-Pacific market as well, the use of online platforms for booking travel-related services is expected to increase in the coming years. years, with a double-digit CAGR predicted for countries like Indonesia, Singapore, and Thailand, as mentioned in the latest report. In addition, airline websites, apps and OTAs are increasingly being used by travelers to purchase airline tickets, with more than a third of travelers valuing the speed of apps when shopping. of the booking process. Additionally, more than three-quarters of travel app users consider the features on offer, such as checking trip status, to be useful for their trips. Even though mobile travel bookings and the use of travel apps are increasing, desktop is still used by more than half of people booking travel globally, the new report reveals.

Booking accommodation through the website is gaining popularity

According to a survey cited in the report, almost half of respondents preferred to book their travel needs, including hotels, flights, car rental and extras, through a website as of 2022. In the United States, more than one-half of respondents made accommodation reservations through hotel websites, and in France, vacation homes were booked preferably through websites in 2021. asked how French respondents booked their last holiday accommodation, more than half said they made their booking via a website from a computer or tablet.

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