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Learn moreSep 2017
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Very dynamic value growth continued to be seen in online travel sales to residents in 2017 as the category increased by 16% in current value over the course of the year. The convenience that making online bookings represents and the opportunity that the internet presents to consumers to save time during the travel booking is combining with the widespread availability of very good deals to support the increasing popularity of the category. Airlines direct online sales to residents was the most dynamic category in 2017, generating very strong current value growth of 27% as the two leading low-cost carriers in Slovakia, Ryanair and Wizz Air, each recorded strong improvements in direct bookings through their respective websites.
Online travel sales to residents is expected to see a positive performance over the forecast period. More consumers are expected to discover that booking travel and tourism products and services over the internet is easy and convenient and can helps busy people to save time. Moreover, the internet offers consumers the opportunity to find the best possible travel deals at discounted prices as prices can be more easily compared. As a result, online travel sales to residents is expected to increase in value at a CAGR of 12% at constant 2017 prices over the forecast period.
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Overview:
Discover the latest market trends and uncover sources of future market growth for the Online Travel Sales to Country Residents industry in Slovakia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
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This industry report originates from Passport, our Travel And Tourism market research database.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.