Market Overview

The Global Online Accommodation Booking Market was valued at USD 396,886.0 million in 2023 and is expected to reach USD 1,222,554.8 million by 2031 while growing at a CAGR of 15.1% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global online accommodation booking market growth. The process of reserving lodging or staying arrangements through internet-based platforms is known as online accommodation booking. Instead of directly making reservations with hotels, motels, or other accommodations over the phone or in person, individuals use websites or mobile applications to browse, compare, and book their desired accommodations.

The growth of the online accommodation booking market is fueled by the rising Internet penetration, widespread use of smartphones, and the popularity of mobile apps. Despite these drivers, challenges such as security and privacy concerns, along with regulatory obstacles, could hinder the market's expansion.

Furthermore, the global online accommodation booking industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Platform Analysis

The Global Online Accommodation Booking Market is segmented among Mobile Application, and Website, based on Platform. In 2023, Mobile Application accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Mode of Booking Analysis

The Global Online Accommodation Booking Market is segmented among Third party online portals, and Direct / captive portals, based on Mode of Booking. In 2023, Direct / captive portals accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Online Accommodation Booking Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Expedia Group Inc, Booking Holdings Inc., Trip.com Group Ltd., Airbnb Inc., Tripadvisor Inc, Oravel Stays Pvt Ltd, Traveloka Indonesia PT, HRS GmbH, Hotelbeds Group SL, Hostelworld Group, and Agoda.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Online Accommodation Booking Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Online Accommodation Booking Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Online Accommodation Booking Market Segmentation, By Platform

• Global Online Accommodation Booking Market Share Analysis, By Platform

• Global Online Accommodation Booking Market Growth Analysis, By Platform

• Global Online Accommodation Booking Market Trends, By Platform

o Mobile Application

o Website

6. Global Online Accommodation Booking Market Segmentation, By Mode of Booking  

• Global Online Accommodation Booking Market Share Analysis, By Mode of Booking

• Global Online Accommodation Booking Market Growth Analysis, By Mode of Booking  

• Global Online Accommodation Booking Market Trends, By Mode of Booking

o Third party online portals

o Direct / captive portals

7. Global Online Accommodation Booking Market Segmentation, By Region

• Global Online Accommodation Booking Market Share Analysis, By Region

• Global Online Accommodation Booking Market Growth Analysis, By Region

• Global Online Accommodation Booking Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Expedia Group Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Booking Holdings Inc.

• Trip.com Group Ltd.

• Airbnb Inc.

• Tripadvisor Inc

• Oravel Stays Pvt Ltd

• Traveloka Indonesia PT

• HRS GmbH

• Hotelbeds Group SL

• Hostelworld Group

• Agoda

 *Similar analysis will be provided for each company listed above.