{"product_id":"global-online-accommodation-booking-market-size-study-forecast-platform-mobile-application-website-by-mode-of-booking-third-party-online-portals-direct-captive-portals-and-regional-analysis-2022-2029","title":"Global Online Accommodation Booking Market Size study \u0026 Forecast, Platform (Mobile Application, Website), by Mode of Booking (Third-party online portals, Direct\/captive portals) and Regional Analysis, 2022-2029","description":"\u003cp\u003eGlobal Online Accommodation Booking Market Size study \u0026amp; Forecast, Platform (Mobile Application, Website), by Mode of Booking (Third-party online portals, Direct\/captive portals) and Regional Analysis, 2022-2029\u003cbr\u003e\nGlobal Online Accommodation Booking Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Online Accommodation Booking is a popular method for booking hotel rooms. It helps travellers to book rooms on a computer by using online platforms and offers security to protect their financial and private information. Also, it helps online travel agents to compare facilities and prices. The Online Accommodation Booking market is expanding because of factors such as the rising growth across the tourism industry and supportive government policies in the forecast period.\u003c\/p\u003e\n\n\u003cp\u003eRising tourism activities across the globe is fostering the market growth. According to Statista 2022, the global tourism sector has risen by 20 % in 2021. Also, in 2021, the tourism sector attains a volume of around USD 1.31 trillion and again in 2022, the market value reached to around USD 1.67 trillion. Whereas rising demand for secure accommodation and favorable initiatives by market players create lucrative opportunities for the market. However, incidences of Misuse of Users’ financial data by an untrusted third party hamper the market growth throughout the forecast period of 2022-2029.\u003c\/p\u003e\n\n\u003cp\u003eThe key regions considered for the Global Online Accommodation Booking Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing population, growing tourist population, and demand for secure accommodation. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as supportive government policies, and favorable activities by market players in the region.\u003c\/p\u003e\n\n\u003cp\u003eMajor market players included in this report are:\u003cbr\u003e\nExpedia Group Inc.\u003cbr\u003e\nBooking Holdings Inc.\u003cbr\u003e\nTrip.com Group Ltd.\u003cbr\u003e\nAirbnb Inc.\u003cbr\u003e\nTripadvisor Inc.\u003cbr\u003e\nOravel Stays Pvt Ltd\u003cbr\u003e\nTraveloka Indonesia PT\u003cbr\u003e\nHRS GmbH\u003cbr\u003e\nHotelbeds Group SL\u003cbr\u003e\nHostelworld Group\u003c\/p\u003e\n\n\u003cp\u003eRecent Developments in the Market:\u003cbr\u003e\nIn January 2021, a Hong Kong-based services and travel activities booking platform Klook Company announced an investment of USD 200 million in order to introduce new business verticals such as accommodation packages and car rentals in its business.\u003cbr\u003e\nIn December 2020, a Singapore-based hotel accommodation booking platform VResort launched its virtual reality technology-based hotel booking platform. It allows customers to browse and book hotels through VR devices.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Online Accommodation Booking Market Report Scope:Historical Data 2019-2020-2021\u003cbr\u003e\nBase Year for Estimation 2021\u003cbr\u003e\nForecast period 2022-2029\u003cbr\u003e\nReport Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends\u003cbr\u003e\nSegments Covered Platform, Mode of Booking, Region\u003cbr\u003e\nRegional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World\u003cbr\u003e\nCustomization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional \u0026amp; segment scope*\u003c\/p\u003e\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.\u003c\/p\u003e\n\n\u003cp\u003eThe report also caters detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.\u003c\/p\u003e\n\n\u003cp\u003eThe detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Platform:\u003cbr\u003e\nMobile Application,\u003cbr\u003e\nWebsite\u003c\/p\u003e\n\n\u003cp\u003eBy Mode of Booking:\u003cbr\u003e\nThird-party online portals,\u003cbr\u003e\nDirect\/captive portals\u003c\/p\u003e\n\n\u003cp\u003eBy Region:\u003cbr\u003e\nNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRest of the World\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eExpedia Group Inc.\u003cbr\u003e\nBooking Holdings Inc.\u003cbr\u003e\nTrip.com Group Ltd.\u003cbr\u003e\nAirbnb Inc.\u003cbr\u003e\nTripadvisor Inc.\u003cbr\u003e\nOravel Stays Pvt Ltd\u003cbr\u003e\nTraveloka Indonesia PT\u003cbr\u003e\nHRS GmbH\u003cbr\u003e\nHotelbeds Group SL\u003cbr\u003e\nHostelworld Group\u003c\/p\u003e \n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Travel \u0026 Leisure","offers":[{"title":"April, 2023 \/ 200 Pages \/ MCW16195870","offer_id":47554812936498,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-online-accommodation-booking-market-size-study-forecast-platform-mobile-application-website-by-mode-of-booking-third-party-online-portals-direct-captive-portals-and-regional-analysis-2022-2029","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}