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Hotel and mobile boost OTA online bookings

Profile Photo By: Carsten Hennig
February 25, 2017

Hotel and mobile boost OTA online bookings

New York City – 24 Februar 2017 –
U.S. online travel agencies (OTAs) continue their upward climb and have increased their share of the total travel market. Bolstered mainly by hotel and mobile, OTA online bookings are now growing faster than suppliers’, which are on a downward trend, Phocuswright revealed.

OTAs’ share of the online travel market reached 39% in 2016 and will slowly continue to increase to 41% by 2020, with US$81.4 million in online gross bookings.

Hotels now account for more than half of OTA domestic gross bookings and will continue to increase through … Read More

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