Famous Online Travel Sites Market Share 2022

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Online Travel Sites Market Share. The global online travel booking market was valued at over $ 765 billion in 2020 and is expected to witness progressive growth by 2027. Dollars, airbnb ranked first among the leading online travel companies worldwide as of december 2021.

The State of Online Distribution in the Vacation Rental
The State of Online Distribution in the Vacation Rental from www.rentivo.com

More critically, the combination would take 74% of the u.s. Extensive use of mobile travel applications and travel websites or review websites is propelling the use of online traveling platforms as compared to conventional trip advisors. The online travel sales figure is estimated to be growing at 12% annually.

The State of Online Distribution in the Vacation Rental

Overall the online travel booking market share makes up 63% of the $1.2 trillion the travel industry generates every year. With a market cap of approximately 104.25 billion u.s. Global online travel market, size, forecast report 2022: The global online travel market size was estimated at usd 396.08 billion in 2020 and expected to reach usd 433.20 billion in 2021, at a compound annual growth rate (cagr) 9.71% to reach usd 690.71.