NJ New Jersey, USA -- (SBWIRE) -- 04/05/2023 -- Latest Study on Industrial Growth of Global Online Accommodation Booking Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Online Accommodation Booking market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Some of the key players profiled in the study are:
Trivago N.V. (Germany), Airbnb (United States), Expedia Group (United States), Goibibo (India), Agoda (Singapore), HotelsCombined (Australia), Oyo Rooms (India), Booking.com B.V. (Netherlands), Hotels.com (United States), Priceline.com (United States), KAYAK (United States), TripAdvisor (United States).

Scope of the Report of Online Accommodation Booking
Online accommodation booking enables potential guests to self-book and pay via website and other channels, while also providing the best tools to run and scale operations in one location. Reservation technology (res-tech) has progressed to the point where it serves as a central hub for managing all aspects of business, from marketing to distribution to operations. Online accommodation booking are a popular way to reserve hotel rooms. Travelers can book rooms on a computer using online security to protect their privacy and financial information, as well as several online travel agencies to compare prices and amenities at various hotels, villas, cottages and lodge. Prior to the Internet, travellers could make a reservation by writing, calling the hotel directly, or using a travel agent. Online travel agencies now have images of hotels and rooms, information on prices and deals, and even information on nearby resorts. Many also allow travellers' reviews to be recorded with the online travel agent. Last-minute travel arrangements can also benefit from online accommodation booking. If some rooms remain available, hotels may reduce the price of a room.

The titled segments and sub-section of the market are illuminated below:
by Type (Hotels, Guest houses and home-stays, Villas, Cottages, Log cabins, Hostel, Others), Application (Residential, Commercial), Destination (International, Domestic), Age Group (21-30, 31-44, 45-60, Above 60)

Market Drivers:
Emergence of No Commission Platforms in Accommodation Industry
Increased Demand for Online Booking due to Mobile Apps

Market Trends:
Rise in Prevalence of Self-Check-In Service Through Kiosks
Rapid Development of Voice-Activated Virtual Assistants

Opportunities:
Increase in Number of International or Domestic Travel

Challenges:
Increase in Incidence of Failed Transactions
Rising Concern about Data Hacking

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Online Accommodation Booking Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Online Accommodation Booking market
Chapter 2: Exclusive Summary – the basic information of the Online Accommodation Booking Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Online Accommodation Booking
Chapter 4: Presenting the Online Accommodation Booking Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Online Accommodation Booking market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Online Accommodation Booking Market is a valuable source of guidance for individuals and companies.

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