Forecast Report

Forrester Analytics: Online Travel Forecast, 2018 To 2023 (Global)

ForecastView Document

July 26th, 2019
Michael O'Grady, Principal Forecast Analyst
Michael O'Grady Principal Forecast Analyst
Satish Meena, null
Satish Meena
With contributor:
Sanjeev Kumar

Summary

We forecast that online travel spending will reach $1 trillion by 2023, powered by growing online spending in air and hotel categories that account for 66% of total travel spending. This forecast details online travel growth across four categories (air, hotel, car rental, and rail) and 17 markets: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Mexico, Netherlands, Russia, South Korea, Spain, Sweden, the UK, and the US.

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