The Travel Arrangement And Reservation Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Travel Arrangement And Reservation Services Global Market Report 2024, The travel arrangement and reservation services market size has grown rapidly in recent years. It will grow from $416.54 billion in 2023 to $475.44 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%. . The growth in the historic period can be attributed to increasing globalization, economic growth, shift in consumer preferences, regulatory changes, increasing demand for personalized travel experiences.
The travel arrangement and reservation services market size is expected to see rapid growth in the next few years. It will grow to $765.97 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. . The growth in the forecast period can be attributed to sustainable travel initiatives, shift in demographics, health and safety considerations, rise of alternative accommodations, rise of remote work. Major trends in the forecast period include the development of online booking platforms, digital nomadism, integration of virtual reality (vr) and augmented reality (ar), emergence of subscription-based travel services, expansion of wellness tourism.
The growing popularity of tourism is expected to propel the growth of the travel arrangement and reservation services market in the coming years. Tourism is the temporary movement of people to places outside their usual environment for leisure, business, and other purposes. Rising standards of living often translate to more paid vacation days and flexible work arrangements, allowing people to travel more frequently and for longer durations. Travel arrangement and reservation services are used in the tourism industry to streamline the planning and booking process for travelers by booking flights, accommodations, activities, and transportation. For instance, in March 2022, according to the World Tourism Organization, a Spain-based specialized agency, global international tourist arrivals increased by more than 130% to reach 18 million in 2022 compared to 2021. Therefore, the growing popularity of tourism is driving the growth of the travel arrangement and reservation services market.
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The travel arrangement and reservation services market covered in this report is segmented –
1) By Type: Travel Agencies, Tour Operators, Convention And Visitors Bureaus, Other Travel Arrangement And Reservation Services
2) By Mode of Travel: Domestic Travel, Foreign Travel
3) By Mode of Booking: Online, Offline
Major companies operating in the travel arrangement and reservation services market are focusing on developing innovative solutions such as corporate travel solutions to provide reliable services to customers. These solutions offer well-designed solutions that satisfy business needs and produce quantifiable cost savings over time. For instance, in September 2023, EaseMyTrip, an Indian-based online travel company, launched Corporate Travel Solutions 2.0. This online tool allows employees to book flights, hotels, and buses in real-time, with access to special corporate fares and various options. This booking platform offers real-time updates, immediate confirmations, and flexibility for on-the-go changes.
The travel arrangement and reservation services market report table of contents includes:
- Executive Summary
- Travel Arrangement And Reservation Services Market Characteristics
- Travel Arrangement And Reservation Services Market Trends And Strategies
- Travel Arrangement And Reservation Services Market - Macro Economic Scenario
- Global Travel Arrangement And Reservation Services Market Size and Growth
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- Global Travel Arrangement And Reservation Services Market Competitive Benchmarking
- Global Travel Arrangement And Reservation Services Market Competitive Dashboard
- Key Mergers And Acquisitions In Travel Arrangement And Reservation Services Market
- Travel Arrangement And Reservation Services Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- BCD Travel
- Travel Leaders Group
- TUI Group
- Booking Holdings
- Expedia
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The Business Research Company published its Travel Arrangement And Reservation Services Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global travel arrangement and reservation services market.
The report covers the travel arrangement and reservation services market’s segments- by type: travel agencies; tour operators; convention and visitors bureaus; other travel arrangement and reservation services, by mode of travel: domestic travel; foreign travel, and by mode of booking: online; online.View Complete Report: https://www.thebusinessresearchcompany.com/report/travel-arrangement-and-reservation-services-global-market-report-2020-30-covid-19-impact-and-recovery Travel Arrangement And Reservation Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reportsThe Travel Arrangement And Reservation Services Global Market Report 2020-30 by The Business Research Company describes and explains the global travel arrangement and reservation services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.
The report evaluates the market across each region and for the major economies within each region.The Travel Arrangement And Reservation Services Global Market Report 2021 covers travel arrangement and reservation services market drivers, travel arrangement and reservation services market trends, travel arrangement and reservation services market segments, travel arrangement and reservation services market growth rate, travel arrangement and reservation services market major players, and travel arrangement and reservation services market size.View Complete Report: https://www.thebusinessresearchcompany.com/report/travel-arrangement-and-reservation-services-global-market-report-2020-30-covid-19-impact-and-recoveryThe travel arrangement and reservation services market report provides an in-depth analysis of the impact of COVID-19 on the global travel arrangement and reservation services industry, along with revised market numbers due to the effects of the coronavirus and the expected travel arrangement and reservation services market growth numbers 2021-2030.Travel Arrangement And Reservation Services Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=2228=smpThe global travel arrangement and reservation services market is expected to grow from $303.59 billion in 2020 to $370.1 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%.
The market is expected to reach $474.36 billion in 2025 at a CAGR of 6%.The report covers the travel arrangement and reservation services market’s segments-1) By Type: Travel Agencies, Tour Operators, Convention And Visitors Bureaus, Other Travel Arrangement And Reservation Services.2) By Mode of Travel: Domestic Travel, Foreign Travel.3) By Mode of Booking: Online, Online.About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
The Business Research Company published its Travel Arrangement And Reservation Services Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Travel Arrangement And Reservation Services market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the travel arrangement and reservation services market’s segments-1) By Type: Travel Agencies, Tour Operators, Convention And Visitors Bureaus, Other Travel Arrangement And Reservation Services2) By Mode of Travel: Domestic Travel, Foreign Travel3) By Mode of Booking: Online, Online.
View Complete Report:https://www.thebusinessresearchcompany.com/report/travel-arrangement-and-reservation-services-global-market-report-2020-30-covid-19-impact-and-recoveryTravel Arrangement And Reservation Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.The global travel arrangement and reservation services market is expected to decline from $418.7 billion in 2019 to $418.6 billion in 2020 at a compound annual growth rate (CAGR) of -0.1%.
The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $498.8 billion in 2023.Travel arrangement companies are increasingly using IoT technologies in providing customized options to customers for flight and accommodation bookings.
TheBusinessResearchCompany published its Travel Arrangement And Reservation Services Global Market Report 2019 which provides strategists, marketers and senior management with the critical information they need to assess the global travel arrangement and reservation services market.
The report covers the travel arrangement and reservation services market’s segments- travel agencies, tour operators, convention and visitors bureaus, other travel arrangement and reservation services.Explore Complete Report https://www.thebusinessresearchcompany.com/report/travel-arrangement-and-reservation-services-global-market-reportTravel Arrangement And Reservation Services Global Market Report 2019 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 50+ geographies.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=2228=smpTravel arrangement companies are increasingly using IoT technologies in providing customized options to customers for flight and accommodation bookings.
Travel aggregator websites search for the best deals across multiple websites and lists the results on a web page.
And most of the airline companies are also using IoT technologies right from locating a traveler in emergency situations to finding a missing passenger who hasn’t boarded the flight yet.
Travel Arrangement And Reservation Services Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the travel arrangement and reservation services industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected travel arrangement and reservation services market growth numbers 2021-2030.
View Complete Report:https://www.thebusinessresearchcompany.com/report/travel-arrangement-and-reservation-services-global-market-report-2020-30-covid-19-impact-and-recovery The Travel Arrangement And Reservation Services Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global travel arrangement and reservation services market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Travel Arrangement And Reservation Services Global Market Report 2021 covers travel arrangement and reservation services market drivers, travel arrangement and reservation services market trends, travel arrangement and reservation services market growth rate, travel arrangement and reservation services market major players, player-adopted strategies in the market, and travel arrangement and reservation services market size.The global travel arrangement and reservation services market is expected to grow from $303.59 billion in 2020 to $370.1 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
