Want to know what publications our analyst team recommends? Explore the segment-specific recommended reading lists HERE.
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.Analysts: Chetan Kapoor, Deepak JainTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: Asia PacificResearch Type: Report
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.Analysts: Chetan Kapoor, Deepak JainTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: Asia PacificResearch Type: Report
Amazon launched flights in India in May 2019. Big news? Definitely. Amazon’s reentry into travel was much anticipated after its ill-fated effort to build a hotel business in 2014. The mere size of the global travel market, $1.5 trillion in 2019, is too big to ignore. This travel launch fits right in with Amazon’s mission of meeting the A to Z of customers’ shopping needs.But Amazon’s flight launch in India has raised some big questions: Why India? And is this a signal of Amazon’s strategy to compete as the next global OTA? Analyst: Coney DongreTopic: MobileSegments: Air, Online Travel AgenciesRegion: Asia PacificResearch Type: Article
Big changes from the very top marked a new era for online travel’s biggest public companies in 2017. Booking Holdings (formerly The Priceline Group) started the year under the new leadership of Glenn Fogel, while Expedia kicked off Q3 with Mark Okerstrom stepping up as CEO after Dara Khosrowshahi ended his tenure. In the Asia Pacific (APAC), Jane Sun wrapped her first full year as Ctrip’s CEO, and MakeMyTrip president and Ibibo Group founder Ashish Kashyap resigned in September. Buenos Aires-based online travel agency Despegar.com filed for a $100 million IPO in August, bringing Latin America (LATAM) into the public pool.Analyst: Alice JongTopic: Market Overview & SizingSegment: Online Travel AgenciesRegions: Asia Pacific, Europe, Latin America, U.S. & CanadaResearch Type: Article
Following major global consolidation in 2015, the OTA landscape further morphed in 2016, albeit at less unsettling levels. Ctrip acquired Skyscanner, MakeMyTrip and Ibibo Group merged, Webjet sold Zuji, and Trivago and Yatra went public. Brexit and attempted travel bans by the U.S. sent shockwaves around the globe, but these had seemingly little impact on OTA performance. Collective gross bookings by nine publicly reported OTAs rose 31% on the year. This report covers 2016 gross bookings, growth, and key developments and challenges for global OTAS and major travel intermediaries in the U.S., Europe and APAC regions.Analyst: Alice JongTopic: Market Overview & SizingSegment: Online Travel AgenciesRegions: Asia Pacific, Europe, U.S. & CanadaResearch Type: Article
Public online travel companies increasingly tried to be everything to everyone in the first half of 2017 (1H17), no longer satisfied with just sticking to the business of processing travel transactions or driving clicks. Eyes were on metasearch as newly public Trivago set off to pursue global ambitions, and Priceline’s Kayak gobbled up international players Momondo and Mundi. The biggest online travel agencies (OTAs) went full speed ahead integrating vacation rental options into their booking engines to keep their accommodation businesses competitive amidst private accommodations’ rising popularity. The online travel world remained resilient and optimistic as collective gross bookings by nine publicly reported companies rose.Analyst: Alice JongTopic: Market Overview & SizingSegment: Online Travel AgenciesResearch Type: Article