U.S. Online Travel Agency Market Report 2020-2024
- Published:
- January 2021
- Research Type:
- Report
- Figures:
- 10
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages
- Regions:
- U.S. & Canada
Summary
Coming off a year of steady growth with rosy outlooks and big plans for 2020, U.S. online travel agency bookings plummeted as a pandemic brought the world to a standstill. OTAs suffered a steep 59% drop in gross bookings. Adapting quickly during volatile
times, OTAs highlighted the power of being nimble and innovative to continue servicing both customers and partners.
This report provides an overview of the U.S. online travel agency landscape, including market sizing and projections through
2024, analysis, key trends, major players and more.
For more on the U.S. travel marketplace, check out the following:
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.