Chetan Kapoor

Phocuswright has tracked the digital travel startup landscape for over a decade. During this time, the digital travel ecosystem has undergone tremendous transformation. Travel startups continue to raise greater amounts of funding, challenge the status quo and lead the wave of disruption globally.

Phocuswright has tracked the digital travel startup landscape for over a decade. During this time, the digital travel ecosystem has undergone tremendous transformation. Travel startups continue to raise funding, challenge the status quo and lead the wave of disruption globally. This annual report – covering companies established since 2009 – provides a detailed view of the current state of travel startups across founding and funding activity, regions and categories.

Over the last 20 years, many areas of the travel industry have been transformed by waves of disruption, from technologies like the web and mobile to new product categories like home- and ride-sharing.

The next wave is undoubtedly artificial intelligence (AI), a catch-all term encompassing natural language processing (NLP), machine learning, machine vision and robotics.

With a fast-growing economy and solid infrastructure development across roadways, airports and hotels, India’s travel market is advancing rapidly. India travel gross bookings were projected to grow 9% year over year in 2018 in rupee terms, and will maintain similar gains through 2022. This report provides current data, charts and analysis on the Indian travel market, with sizing and projections from 2016-2022.

Air accessibility – and affordability – is the biggest ongoing development in India, and the government’s regional airport development program is promoting connectivity to smaller cities and towns. Meanwhile, the country’s hotel market is undergoing a supply transformation as the stay experience at budget and unbranded hotels becomes more standardized. This publication presents a high-level view of the Indian travel market, focusing on the need-to-know developments, trends and stories that are impacting the market now.

India’s online travel market is approaching maturity, as more segments transition to digital channels. Through 2022, online travel gross bookings will grow in double digits and outpace the overall travel market. Still, offline sales remain very prominent for travel distribution because of generally low digital payments adoption and weak credit card penetration. This report provides a top-level overview of the Indian travel market, including background, key characteristics, market structure and major players in each segment.

Since 2008, Phocuswright has tracked the digital travel startup landscape, publishing annual State of Travel Startups reports beginning in 2012. Since then, digital travel has undergone tremendous transformation, and startups continue to lead the wave of disruption in the global travel industry. This report – covering startups that launched in or after 2008 –  provides a detailed view of the current state of travel startups, including regional analysis, funding levels and business focus.

Since 2008, Phocuswright has tracked the digital travel startup landscape, publishing annual State of Travel Startups reports beginning in 2012. Since then, digital travel has undergone tremendous transformation, and startups continue to lead the wave of disruption in the global travel industry. This report contains, in spreadsheet format, a complete list of travel startups that launched in or after 2008, including  company names and URLs, funding information, current status and more.

With positive macro factors in place, India’s online travel bookings are thriving, with double-digit growth projected through 2021. As Indian travelers have gained travel experience, their travel frequency has increased, and more are venturing out beyond the country’s borders for the first time. This report provides insight into the Indian online leisure traveler, including general traveler behavior, motivations, purchase incidence and spend, as well as research, shopping and booking practices.

Online travel agencies (OTAs) represent the fastest-growing online distribution channel in Asia Pacific (APAC), with aggregate gross bookings projected to climb 68% from 2017 to 2021. China is APAC's biggest OTA market, and the mobile channel now accounts for a majority of OTA bookings in the region. The report presents an overview of the Asia Pacific OTA landscape from 2015-2021, including gross bookings, major players, key trends, the impact of mobile and more.