What is the current Online Accommodation Booking Market size?

The Online Accommodation Booking Market is projected to register a CAGR of greater than 10% during the forecast period (2024-2029) Read More

Who are the key players in Online Accommodation Booking Market?

Expedia Group Inc., Booking Holdings Inc., Airbnb Inc., Tripadvisor Inc. and Traveloka Indonesia PT are the major companies operating in the Online Accommodation Booking Market. Read More

Which is the fastest growing region in Online Accommodation Booking Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Online Accommodation Booking Market?

In 2024, the North America accounts for the largest market share in Online Accommodation Booking Market. Read More

What years does this Online Accommodation Booking Market cover?

The report covers the Online Accommodation Booking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Online Accommodation Booking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key factors driving the growth of the Online Accommodation Booking Market?

The key factors driving the growth of the Online Accommodation Booking Market are a) Increasing use of mobile applications and websites for booking travel b) Growing travel and tourism industry c) Growth of cloud-based booking platforms Read More

Online Accommodation Booking Market Share

Statistics for the 2023 & 2024 Online Accommodation Booking market share, created by Mordor Intelligence™ Industry Reports. Online Accommodation Booking share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Online Accommodation Booking Industry

Global Online Accommodation Market is fairly fragmented with a large number of established local players in each region across the globe. Few of the major players profiled in the global industry include Airbnb, Expedia, Tripadvisor, Trip.com Group Ltd., etc. Presently, TripAdvisor is considered to be one of the most influential travel and accommodation booking portals online. TripAdvisor claims 80% of all travelers will spend around four weeks researching a destination, taking the time to read reviews and hunting for unique travel tips to make their trip even better before booking. Studies suggest that more than 90% of travelers are influenced by traveler's reviews online, which makes TripAdvisor still leading the way in the entire market.