Global Online Travel Agents Market Key Opportunities And Strategies For 2022-2031
, 2022-11-16 08:23:00,
Online Travel Agent Market 2022 : Market Size, Trends, And Forecast To 2026
— The Business Research Company
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The Business Research Company’s “Online Travel Agents Market Report 2022” forecasts the online travel agents market size is expected to reach $0.97 trillion in 2025 at a rate of 16.1%. The decrease is mainly due to COVID-19 pandemic across all countries in the world as most countries went into lockdown with severe travel restrictions. Subsequently, industries such as airlines, railways, hospitality, and tourism all suffered major setbacks. The online travel agents market is expected to grow at a CAGR of 5.9% from 2025 and reach $1.25 trillion in 2030.
Rapid shift in travel trends towards business leisure (bleisure) and food tourism is expected to be a major driver for online travel agents market.
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