With the reopening of countries around the world, business travel has also shown a steady return, with full recovery to the pre-pandemic level of value sales expected in 2023. In the forecast period, demand for business travel is expected to grow continuously due to the face-to-face business meeting culture in Asia Pacific.
OTAs are facing more intense and fragmented competition in today’s travel market. With the low barrier to entry and constantly evolving technologies, OTAs are facing competition not limited to traditional travel providers, but also meta-search services providers, large online search companies, social networks, and marketplace companies.
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Understand the latest market trends and future growth opportunities for the Booking industry in Hong Kong, China 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 Hong Kong, China, 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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