Edison, NJ -- (SBWIRE) -- 01/19/2019 -- HTF MI recently Announced Global Online Hotel Booking study with 100+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on "Online Hotel Booking. Global Online Hotel booking research allows you to get different methods for maximizing your profit. The research study provides estimates for Global Online Hotel Booking Forecast till 2025*.
Some of the Leading key Company's Covered for this Research are Airbnb, Inc. (United States) , Booking.com Ltd (United Kingdom) , Choice Hotels AS (United States) , Agoda Company Pte. Ltd. (Singapore) , Ctrip.com International, Ltd. (China) , Expedia Group, Inc. (United States) , Hilton Worldwide Holdings Inc. (United States) , Hotels.com (United States) , ibibo Group Private Ltd. (India) and InterContinental Hotels Group PLC (United Kingdom), To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market.
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Online Hotel Booking is also called hotel online hotel reservations. It is the popular technique for booking hotel apartment. It is process of reserve accommodation on online sites through mobile or desktop. There are two methods used for hotel booking such as book rooms on a computer as well as book room using several online travel agents to compare prices and facilities at different hotels. There are various services included in online hotel booking service such as hotel accommodation, travel accommodation, vacation packages and others. Rising Use of social media sites will help to boost global online hotel booking market.
Market Trend
- Growing Dependency due to Business Meetings
- Attractive Marketing and Promotional Strategies
Market Drivers
- Increase Customers' Faith in Online Payment
- Emerging Internet Penetrations
Challenges
- Trustworthiness on Online Hotel Booking
Opportunities
- Increasing Disposable Income
- Technical Advancement in Online Booking Mobile Apps
Major Market Developments:
On 13th August 2018, Booking Holdings has acquired Australia-based metasearch company HotelsCombined. The deal was established for 140 million dollar.
On 7th Feb 2018, Airbnb has launched its global hotel technology partnership with SiteMinder, the leading cloud platform for hotels to attract and book guests across the globe.
Target Audience:
Online Hotel Booking Services Provider , Online Hotel Booking Industry Association , Government regulatory bodies , Government and Private Research Organization and Others
To comprehend Global Online Hotel Booking market dynamics in the world mainly, the worldwide Online Hotel Booking market is analyzed across major regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
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The following are the major objectives of the study
- To define, describe, and forecast the Global Online Hotel Booking market on the basis of product [] , application [Household and Commercial], key regions and end user
- To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
- To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
- Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
- To provide market size for various segments of the Online Hotel Booking market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico)
- To strategically profile the key players and analyzing their market shares and core competencies in the Online Hotel Booking industry
- To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Primary Research:
The primary sources involves the industry experts from the Global Online Hotel Booking industry including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Online Hotel Booking in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.
Secondary Research:
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.
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In this study, the years considered to estimate the market size of Global Online Hotel Booking are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Key Stakeholders in Global Online Hotel Booking Market:
Global Online Hotel Booking Manufacturers
Global Online Hotel Booking Distributors/Traders/Wholesalers
Global Online Hotel Booking Subcomponent Manufacturers
Industry Association
Downstream Vendors
**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.