Middle East online travel market is forecast to almost double in value within the next two years, rising from US$18 billion to US$100 Bn by 2028.
The online travel category is currently experiencing rapid change with mobile channel, personalization and peer-to-peer travel services being the main disruptors. In particular the rise of the mobile channel is changing booking patterns, consumer behaviour and business models in travel.
The growing Middle East Online Travel Market could also be shaped by the growing trend of travel service sellers reaching out directly to customers, leading to traditional travel agencies having to branch out in other areas. Online travel providers aim to ease travel planning and bookings for travelers. The online travel is driven by quick and convenient flight and hotel bookings, rise in customers’ trust in online payment, and ability to compare various available travel options.
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Top Key Players Covered in Middle East Online Travel Market:
Rehlat, Tajawal, Cleartrip, Holidayme, Musafir, & Flyin, Expedia, Make My Trip, Trivago, Trip Advisor, Orbitz, Priceline Group (Booking.com), Hotel Urbano Travel, Tourism, CheapOair
A preview of the study, Middle East Online Travel Market Overview, co-sponsored by Amadeus and conducted by Report Consultant, the global travel market research company, was shared at the annual Arabian Travel Market in Dubai. The report aims to provide highly insightful sizing and comparison statistics by travel product segment, booking channel, and country, as well as a detailed analysis of the focus markets of the United Arab Emirates (UAE), Saudi Arabia (KSA) and Egypt. The Middle East Online Travel Market study also provides competitive analysis and market intelligence to help online travel companies in their strategic planning and decision making, evaluating growth opportunities and trends for emerging regional destinations.
Furthermore, the Middle East Online Travel Market report also explains the causes and factors responsible for the industry trends enabling the reader to understand the various approaches adopted by the key players to gain a firm position in the industry. This information is based upon an investigative exploration that aids the reader in identifying features such as the stability, rate of expansion, drivers, restraints and opportunities making it easy for the new as well as the existing key players to take mindful corporate decisions as per the requirements.
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The major players and the new entrants of Middle East Online Travel Market have been incorporating strategic merger and acquisition activities amongst each other to testify the factors responsible for changing dynamics. These changing dynamics implore the players to keep up with rising demands or present restrains so as to drive the broad scope of the Middle East Online Travel Market. The key players listed in the report are described by means of cursory data such as company profile and their contact information as well as relevant and updated data, which includes the product snapshots and specifications, along with its production, supply and demand ratios.
In This Study, The Years Considered To Estimate The Size Of Middle East Online Travel Market Are As Follows:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2026
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