Online travel is an e-commerce service platform which provides online booking of tickets and travel accommodations before head. Online travel helps to a travel plan through online and comparing of various plans offered by different travel agencies.
Europe Online Travel Market Segments Size & Growth:
Europe Online Travel Market is accounted for $XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth by an increase in tourism, secure online payment facilities, secure travel bookings, and ability to compare different travel websites. Though, changing socio-economics and online security issues hamper the growth of the Europe online travel market.
Europe Online Travel Market Segments Share:
Europe online travel market is categorised into by mode of booking which consists of direct travel agencies and online travel agencies. Online travel agencies are expected to grow at a quick pace due to the emerging start-ups and secure bookings. By platforms, it is classified by smartphones and desktops. Smartphones are the leading market due to the increase in some user and other smart devices. By service, it is segmented as travel accommodation, ticket booking, car rental, and holiday packages. Ticket booking is projected to have a high growth owing to the secure online transactions and easy to compare between various OTA. Age group of 32-43 years occupies significant share in Europe online travel market, whereas the young traveller of age 22-31 years, would be increasing due to the extreme usage of smartphone and social media to plan their trips.
By Geography, Germany is dominating the growth of the Europe online travel market and the growth in Europe is mainly attributed because of the technological enhancements and large of smart devices. Furthermore, UK is witnessing the fastest growth during the forecast period, due to the rise in adoption of social media and increase in the youth population.
Europe Online Travel Market Segments Trends:
- In March 2017, CheapOair has launched unique city guides for 10 different U.S. destinations to inspire travellers.
- In October 2017, TripAdvisor is providing a new service for restaurant owners to advertise their services.
Europe Online Travel Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Com
- Trivago N.V.
- Hostelworld Group
- Fareportal, Inc.
- Thomas Cook Group Plc
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Secure online payment facilities
4.1.2 Increase in social media
4.1.3 Growth in internet usage
4.1.4 Rise in tourism
4.1.5 Increase in Start-ups
4.2 Restraints
4.2.1 Online payment threats
4.2.2 Changing socio-economic conditions
4.3 Opportunities
4.3.1 Emerging mobile travel apps
4.3.2 Scope for sports and medical tourism
4.3.3 Emerging opportunities for Start-ups.
4.4 Challenges
4.4.1. High competition
4.4.2. Reducing commission on Air tickets
Chapter 5 Europe Online Travel Market – By Mode of Booking
5.1 Direct travel agencies
5.2 Online travel agencies
Chapter 6 Europe Online Travel Market – By Platform
6.1 Smartphones or Mobiles
6.2 Desktops
Chapter 7 Europe Online Travel Market – By Service Type
7.1 Travel accommodation
7.2 Car rental
7.3Ticket booking
7.3.1 Non-Air
7.3.1.1 Railways
7.3.1.2 Roadways
7.3.2 Airline
7.4 Holiday packages
Chapter 8 Europe Online Travel Market – By Age
8.1 22-31
8.2 32-43
8.3 44-56
8.4 Above 56
Chapter 9 Europe Online Travel Market – By Geography
9.1 Introduction
9.2 Europe
9.2.1. U.K.
9.2.2. Germany
9.2.3. France
9.2.4. Italy
9.2.5. Spain
9.2.6. Rest of Europe
Chapter 10 Europe Online Travel Market – Company Profiles
10.1. Yatra Online Private Limited
10.2. Airbnb, Inc.
10.3. MakeMyTrip Limited
10.4. Priceline Group Inc.
10.5. Hostelworld Group
10.6. Alibaba Group
10.7. Trivago N.V.
10.8. Hotel Urban Travel and Tourism S.A.
10.9. TripAdvisor LLC
10.10. Thomas Cook Group Plc
10.11. eLong.com
10.12. CheapOair
10.13. Ctrip.Com International, Ltd.
10.14. Fareportal, Inc.
Chapter 11 Europe Online Travel Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures
