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Global Online Travel Market is driven by the several benefits offered by Growing Internet and Credit Card Penetration.
Global Online Travel Market to Grow with 10.6% CAGR from 2022-2027
The Global Online Travel Market Size to Reach US$ 1,463.98 Billion by 2027. The internet revolution has transformed the scenario of the travel industry. Online travel providers aim to bookings for travelers and ease travel planning. Fast hotel bookings are driving the online travel industry and easy flights, increased consumer trust in online payment, and the option to compare viable available travel options. MakeMyTrip Limited, Trivago N.V, Trip.com Group Ltd., Trip Advisor Inc. extensively offers travel services through mobile websites and apps.