Overview

In the good books: Increasing mobile and internet connectivity has led to revenue growth

IBISWorld’s Online Travel Bookings market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

The Online Travel Bookings industry has grown strongly over the past five years. The rise of internet shopping has disrupted the tourism supply chain, which has increased the choices available for consumers. Consumers are increasingly integrating internet and mobile connectivity into their everyday lives, and are becoming more comfortable booking travel online. In addition, Australians have travelled more regularly over the past five years, both domestically and abroad. This has heightened demand for the industry's services and led to strong growth. Industry revenue is expected to increase by an annualised 17.7% over the five years through 2016-17, to $1.0 billion. This includes expected growth of 10.3% over the current year, slightly lower than much of the previous five-year period...

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What is the Online Travel Bookings industry?

The Online Travel Bookings industry is in the growth phase of its life cycle. Industry value added, a measure of the industry's contribution to the overall economy, is forecast to grow at an annualised 14.3% over the 10 years through 2021-22. This is expected to significantly outperform projected real GDP growth of 2.5% over the same period. This is characteristic of a growing industry.

In addition to the rapid growth of industry revenue, industry participation has grown in leaps and bounds. Potential entrants have leapt at the opportunity to capture the emerging online segment of travel bookings, especially as internet penetration rates grow and online shopping becomes increasingly integrated into the lives of consumers. Est...

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Products & Brands

Major products in this industry
Flight bookings
Accommodation bookings
Other services
Examples of brands in this Industry
Agoda
Booking.com
Expedia
Hotels.com
Lastminute.com.au
Stayz
Travel.com.au
Wotif.com
Luxury Escapes
Webjet

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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