During the forecast period, growth in booking is set to be characterised by stronger growth for booking online then booking offline, with booking online set to become increasingly dominant in booking overall. Well the leading players in the category are expected to continue focusing on their offline operations, which remain at the core of their operating models and essential for capturing demand among older consumers, for instance, much of the development and evolution of new products and services will inevitably focus on the online channel.
During the forecast period, online booking for surface travel modes in Ecuador, specifically buses and coaches, will continue to be limited by limited official control on the part of the authorities with regards to the frequency of services being offered on key routes by bus and coach operators. Buses and coaches are a very common travel mode for domestic tourism; however, the majority of those travelling by bus and coach in Ecuador buy their tickets directly from ticket windows located in bus stations and termini, taking advantage of the knowledge of staff and access to timetables posted in bus stations to identify which service suits them best.
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Understand the latest market trends and future growth opportunities for the Booking industry in Ecuador with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Booking industry in Ecuador, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Booking category includes: Booking Offline, Booking Online including Mobile Travel, Leisure Travel, Business Travel, Travel Intermediaries and Direct Suppliers. It covers point of sale to residents for travel either domestically or abroad.See All of Our Definitions
This report originates from Passport, our Booking research and analysis database.
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