Retail constant value sales of booking will continue to grow throughout the forecast period, but they will remain below their pre-pandemic peak even at the end of it. A slow recovery in international demand will drag on the recovery.
The dominance of online booking will deepen during the forecast period, with its constant value sales set to grow at more than twice the rate of those of offline booking. Consumer resistance to online booking will continue to diminish, while the rollout of 5G mobile networks set to make online booking more accessible than ever.
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Understand the latest market trends and future growth opportunities for the Booking industry in Philippines 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 Philippines, 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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