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APAC Online Travel Market

ID: MRFR/ICT/44215-HCR
200 Pages
Aarti Dhapte
October 2025

APAC Online Travel Market Research Report By Platform Type (Mobile/Tablets Based, Desktop Based), By Mode of Booking (Online Travel Agencies, Direct Travel Facilitators) and By Service Type (Transportation, Accommodation, Vacation Packages)- Forecast to 2035

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APAC Online Travel Market Infographic
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APAC Online Travel Market Summary

As per MRFR analysis, the APAC online travel market Size was estimated at 164.59 USD Billion in 2024. The APAC online travel market industry is projected to grow from 170.96 USD Billion in 2025 to 250.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.87% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The APAC online travel market is experiencing dynamic growth driven by technological advancements and changing consumer preferences.

  • Mobile booking continues to rise, reflecting a shift towards convenience in travel planning across the region.
  • Personalization of travel experiences is becoming increasingly important, particularly among younger travelers in China and India.
  • Sustainability initiatives are gaining traction, as consumers demand more eco-friendly travel options and practices.
  • Technological advancements in travel platforms and a growing middle-class population are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 164.59 (USD Billion)
2035 Market Size 250.0 (USD Billion)
CAGR (2025 - 2035) 3.87%

Major Players

Booking.com (NL), Expedia Group (US), Airbnb (US), Tripadvisor (US), Trivago (DE), Ctrip (CN), MakeMyTrip (IN), Lastminute.com (CH), Skyscanner (GB)

APAC Online Travel Market Trends

The online travel market in the Asia-Pacific region is currently experiencing a dynamic transformation, driven by technological advancements and changing consumer preferences. As digital platforms become increasingly integrated into daily life, travelers are gravitating towards online solutions for booking accommodations, transportation, and experiences. This shift is not merely a trend but appears to be a fundamental change in how travel services are consumed. The rise of mobile applications and user-friendly websites facilitates seamless transactions, enhancing customer satisfaction and engagement. Furthermore, the growing emphasis on personalized travel experiences suggests that companies are adapting their offerings to meet the diverse needs of consumers across various demographics. In addition, the online travel market is likely benefiting from the increasing internet penetration and smartphone usage in the region. As more individuals gain access to the internet, the potential customer base expands, leading to heightened competition among service providers. This competitive landscape may drive innovation, prompting businesses to enhance their digital offerings and improve user experiences. Moreover, the integration of artificial intelligence and data analytics into travel platforms indicates a trend towards more tailored services, which could further influence consumer behavior and preferences in the coming years.

Rise of Mobile Booking

The trend towards mobile booking is becoming increasingly prominent in the online travel market. With the proliferation of smartphones, travelers are opting for mobile applications to make reservations on-the-go. This shift not only enhances convenience but also allows for real-time updates and personalized offers, catering to the evolving needs of consumers.

Personalization of Travel Experiences

There is a noticeable movement towards the personalization of travel experiences within the online travel market. Companies are leveraging data analytics to understand consumer preferences better, enabling them to offer tailored recommendations and services. This trend reflects a broader desire among travelers for unique and customized journeys.

Sustainability Initiatives

Sustainability is emerging as a key focus in the online travel market. As awareness of environmental issues grows, travelers are increasingly seeking eco-friendly options. Companies are responding by promoting sustainable practices and offering green travel alternatives, which may enhance their appeal to environmentally conscious consumers.

APAC Online Travel Market Drivers

Rise of Social Media Influence

The online travel market industry in APAC is increasingly shaped by the influence of social media platforms. Travelers are now more inclined to seek recommendations and reviews from social media channels before making travel decisions. This trend is particularly pronounced among younger generations, who prioritize authentic experiences shared by peers. Data suggests that approximately 70% of travelers in APAC rely on social media for travel inspiration, which has led to a surge in user-generated content. Consequently, travel companies are adapting their marketing strategies to leverage social media, enhancing their visibility and engagement within the online travel market industry.

Growing Middle-Class Population

The online travel market industry in APAC is significantly influenced by the expanding middle-class population, which is projected to reach 3.5 billion by 2030. This demographic shift is accompanied by increased disposable income, enabling more individuals to engage in travel activities. As a result, the demand for online travel services is expected to rise, with a notable increase in both domestic and international travel bookings. Recent statistics indicate that the online travel market in APAC could grow by 20% annually, driven by this burgeoning middle class. This trend highlights the potential for travel companies to tailor their offerings to meet the evolving preferences of this demographic.

Government Initiatives to Boost Tourism

The online travel market industry in APAC is benefiting from various government initiatives aimed at boosting tourism. Many countries in the region are investing in infrastructure development, visa facilitation, and promotional campaigns to attract international travelers. For instance, recent policies in countries like Thailand and Malaysia have streamlined visa processes, making it easier for tourists to visit. This proactive approach is expected to increase tourist arrivals, thereby driving demand for online travel services. Projections indicate that the online travel market industry could see a growth rate of 15% in the coming years, largely due to these supportive government measures.

Increased Focus on Health and Safety Standards

The online travel market industry in APAC is witnessing a heightened emphasis on health and safety standards, which has become a critical factor for travelers. As consumers become more health-conscious, travel companies are adapting their services to ensure compliance with stringent safety protocols. This shift is reflected in the growing demand for transparent information regarding hygiene practices in accommodations and transportation. Recent surveys indicate that over 60% of travelers prioritize health and safety when booking trips. Consequently, the online travel market industry is likely to evolve, with companies that prioritize these standards gaining a competitive edge in attracting health-conscious consumers.

Technological Advancements in Travel Platforms

The online travel market industry in APAC is experiencing a surge in technological advancements, particularly in mobile applications and artificial intelligence. These innovations enhance user experience by providing seamless booking processes and personalized recommendations. For instance, the integration of AI chatbots in travel platforms has improved customer service efficiency, leading to higher satisfaction rates. According to recent data, mobile bookings in the region have increased by approximately 35% in the last year, indicating a shift towards digital solutions. This trend suggests that as technology continues to evolve, the online travel market industry will likely see further growth, driven by enhanced user engagement and operational efficiency.

Market Segment Insights

By Platform Type: Mobile/Tablets Based (Largest) vs. Desktop Based (Fastest-Growing)

The distribution of market share among platform types in the online travel market shows a significant preference towards mobile and tablet-based solutions, which account for the largest share in user engagement. This preference reflects the increasing reliance on mobile devices for travel bookings, driven by the convenience and accessibility they offer. In contrast, desktop-based travel booking platforms, while growing, still hold a smaller share, as consumer behaviors shift towards mobile-friendly options for their travel planning needs. Growth trends indicate that mobile/tablets based platforms are not only dominant but are also a reflection of the evolving technological landscape in the travel industry. The increasing availability of high-speed internet, along with advancements in mobile applications, has positioned mobile-based services as the primary choice for travelers. Meanwhile, desktop-based platforms are witnessing a resurgence due to enhanced user interfaces, offering functionalities that cater to more extensive travel planning processes, which appeal to a niche market segment looking for detailed options and comparisons.

Mobile/Tablets Based: Dominant vs. Desktop Based: Emerging

Mobile and tablet-based platforms are characterized by their user-friendly interfaces and accessibility, making them the dominant force in the online travel market. They cater primarily to on-the-go consumers who prefer booking last-minute trips or seeking instant travel solutions. Features like app notifications, personalized recommendations, and seamless payment options contribute to their popularity. On the other hand, desktop-based platforms are emerging as valuable alternatives, particularly for users who prioritize comprehensive planning and detailed itinerary management. They often provide more extensive content and are ideal for complex bookings, attracting a specific customer base that values in-depth information and research, thus, complementing the rapid growth and preference seen in mobile solutions.

By Mode of Booking: Online Travel Agencies (Largest) vs. Direct Travel Facilitators (Fastest-Growing)

Within the segment of Mode of Booking, Online Travel Agencies (OTAs) hold the largest market share, significantly influencing the travel booking landscape. Their intuitive platforms, extensive inventory, and promotional deals make them the go-to choice for consumers. In contrast, Direct Travel Facilitators, though smaller in share, are rapidly making inroads due to improving customer relationships and personalized services that resonate with travelers seeking authentic experiences. The growth trends indicate a robust shift towards Direct Travel Facilitators as they invest in technology and customer engagement strategies. This segment benefits from a rise in consumer preference for direct interactions and transparent pricing. The trend towards personalized travel planning and the desire for unique experiences drive their rapid growth, positioning them as a formidable competitor to OTAs.

Online Travel Agencies (Dominant) vs. Direct Travel Facilitators (Emerging)

Online Travel Agencies (OTAs) dominate the Mode of Booking segment with their comprehensive offerings and established reputation among travelers. They provide a wide array of services, combining flight, accommodation, and car rental options in one online platform, often with competitive pricing and user-friendly interfaces. On the other hand, Direct Travel Facilitators are emerging as significant players by focusing on niche markets and personalized services. They often attract clients looking for curated travel experiences, ensuring that they can cater to specific needs and preferences. The agility and adaptability of Direct Travel Facilitators in response to changing consumer trends foster a competitive environment, compelling OTAs to innovate continually.

By Service Type: Transportation (Largest) vs. Vacation Packages (Fastest-Growing)

The service type segment in the online travel market exhibits a diverse distribution among its categories. Transportation holds the largest share, benefiting from the vast array of options available, including air travel, rail, and ride-sharing services. Accommodation follows closely, with a strong presence of hotels, hostels, and vacation rentals, while vacation packages, although smaller in share, are witnessing significant interest due to their convenience and cost-effectiveness. Growth trends in the service type segment are propelled by evolving consumer preferences and technological advancements. Transportation continues to thrive as travelers seek efficient and cost-effective means to reach their destinations. Meanwhile, vacation packages are gaining traction, particularly as travelers look for seamless experiences that bundle transportation, lodging, and activities into one. The rise of digital platforms and personalized offerings further fuels growth in these areas, making them increasingly attractive to a broader audience.

Transportation: Accommodation (Dominant) vs. Vacation Packages (Emerging)

Transportation is considered the dominant force within the service type segment, characterized by a wide range of options catering to various travel needs. This segment includes not just traditional air and rail services but also innovative ride-sharing and app-based transport solutions, which are reshaping how consumers approach travel. In contrast, vacation packages are emerging as a significant player, appealing particularly to younger travelers and families looking for convenience and value. These packages tend to combine essential travel components like flights, accommodations, and tours, thus offering a streamlined experience. As competition intensifies, both segments are adapting to enhance customer satisfaction through tech-driven solutions and personalized travel experiences.

Get more detailed insights about APAC Online Travel Market

Key Players and Competitive Insights

The online travel market in the APAC region is characterized by a dynamic competitive landscape, driven by rapid technological advancements and shifting consumer preferences. Major players such as Booking.com (NL), Ctrip (CN), and MakeMyTrip (IN) are actively reshaping their strategies to capture market share. Booking.com (NL) focuses on enhancing its digital platform through innovative features and personalized user experiences, while Ctrip (CN) emphasizes regional expansion and partnerships with local service providers to strengthen its market presence. MakeMyTrip (IN) is leveraging its strong brand recognition and customer loyalty to enhance its service offerings, particularly in the domestic travel segment. Collectively, these strategies contribute to a competitive environment that is increasingly influenced by technology and consumer-centric approaches.

The business tactics employed by these companies reflect a moderately fragmented market structure, where localized strategies and supply chain optimization play crucial roles. Companies are increasingly localizing their offerings to cater to diverse consumer needs across the APAC region. This approach not only enhances customer satisfaction but also allows for more efficient operations. The collective influence of key players is evident as they navigate the complexities of regional regulations and consumer behavior, thereby shaping the overall market dynamics.

In October 2025, Ctrip (CN) announced a strategic partnership with a leading local airline to offer exclusive travel packages, enhancing its competitive edge in the domestic market. This collaboration is significant as it allows Ctrip to provide bundled services that cater to the growing demand for seamless travel experiences. By integrating flight and accommodation options, Ctrip aims to streamline the booking process, thereby attracting more customers and increasing its market share.

In September 2025, MakeMyTrip (IN) launched a new AI-driven customer service platform designed to enhance user engagement and streamline support processes. This initiative is pivotal as it reflects the company's commitment to leveraging technology to improve customer interactions. The integration of AI not only enhances operational efficiency but also positions MakeMyTrip as a forward-thinking player in the online travel market, likely leading to increased customer retention and satisfaction.

In August 2025, Booking.com (NL) unveiled a sustainability initiative aimed at promoting eco-friendly travel options. This move is particularly relevant in the current market context, where consumers are increasingly prioritizing sustainable practices. By offering a range of green accommodations and travel options, Booking.com seeks to differentiate itself from competitors and appeal to environmentally conscious travelers, potentially capturing a new segment of the market.

As of November 2025, the online travel market is witnessing trends that emphasize digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming increasingly important, as companies recognize the value of collaboration in enhancing service offerings and expanding market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based strategies to a focus on innovation, technological advancements, and reliable supply chains. This shift underscores the necessity for companies to adapt and innovate continuously in order to maintain a competitive edge in a rapidly changing landscape.

Key Companies in the APAC Online Travel Market market include

Industry Developments

The APAC Online Travel Market has experienced significant developments recently, particularly as travel demand has surged post-pandemic. Skyscanner, Trivago, and Expedia Group are reported to have seen a notable uptick in user engagement and bookings throughout 2023. Goibibo and Cleartrip continue to expand their offerings, especially in domestic travel, while Airbnb has focused on integrating local experiences to enhance customer satisfaction. Klook and Trip.com Group remain competitive through partnerships with local service providers to attract more customers.

In terms of mergers and acquisitions, OYO Rooms has been in discussions for strategic partnerships aimed at increasing its market share in India, while Traveloka's acquisition of a tech startup in August 2023 aimed to enhance their platform capabilities. Booking Holdings is also investing in technology to boost its portfolio across the region. The market valuation of companies like MakeMyTrip and Agoda has increased significantly, reflecting increased investments and consumer spending in travel.

In December 2022, both Ctrip and Omni Hotels & Resorts reported positive earnings, signaling a broader recovery and growth trajectory for the APAC Online Travel Market, which has been aided by rising disposable incomes in the region.

Future Outlook

APAC Online Travel Market Future Outlook

The online travel market is projected to grow at a 3.87% CAGR from 2024 to 2035, driven by technological advancements, increased disposable income, and evolving consumer preferences.

New opportunities lie in:

  • Integration of AI-driven personalized travel planning tools
  • Expansion of subscription-based travel services
  • Development of eco-friendly travel packages targeting sustainability-conscious consumers

By 2035, the online travel market is expected to achieve robust growth and enhanced consumer engagement.

Market Segmentation

APAC Online Travel Market Service Type Outlook

  • Transportation
  • Accommodation
  • Vacation Packages

APAC Online Travel Market Platform Type Outlook

  • Mobile/Tablets Based
  • Desktop Based

APAC Online Travel Market Mode of Booking Outlook

  • Online Travel Agencies
  • Direct Travel Facilitators

Report Scope

MARKET SIZE 2024164.59(USD Billion)
MARKET SIZE 2025170.96(USD Billion)
MARKET SIZE 2035250.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)3.87% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies Profiled["Booking.com (NL)", "Expedia Group (US)", "Airbnb (US)", "Tripadvisor (US)", "Trivago (DE)", "Ctrip (CN)", "MakeMyTrip (IN)", "Lastminute.com (CH)", "Skyscanner (GB)"]
Segments CoveredPlatform Type, Mode of Booking, Service Type
Key Market OpportunitiesIntegration of artificial intelligence enhances personalization in the online travel market.
Key Market DynamicsRapid technological advancements and evolving consumer preferences reshape the competitive landscape of the online travel market.
Countries CoveredChina, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC

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FAQs

What is the projected market size of the APAC Online Travel Market in 2024?

The APAC Online Travel Market is expected to be valued at 164.59 USD Billion in 2024.

What will be the market size of the APAC Online Travel Market by 2035?

By 2035, the market size is projected to reach 274.92 USD Billion.

What is the expected CAGR for the APAC Online Travel Market between 2025 to 2035?

The expected CAGR for the APAC Online Travel Market from 2025 to 2035 is 4.774%.

Which platform segment is expected to have a significant market size in 2024?

The Mobile/Tablets Based segment is expected to be valued at 82.3 USD Billion in 2024.

What is the forecasted market size for Desktop Based platforms in 2035?

The Desktop Based segment is projected to reach 136.62 USD Billion by 2035.

Who are the key players in the APAC Online Travel Market?

Major players in the market include Skyscanner, Expedia Group, Airbnb, and Booking Holdings among others.

What is the projected market size for Mobile/Tablets Based platforms by 2035?

The Mobile/Tablets Based segment is anticipated to reach 138.3 USD Billion by 2035.

What growth trends are expected in the APAC Online Travel Market by 2035?

The market is expected to grow steadily, driven by increasing smartphone usage and travel demand.

How do emerging trends impact the APAC Online Travel Market?

Emerging trends such as personalized services and digitalization are anticipated to boost market growth.

What challenges does the APAC Online Travel Market face currently?

Challenges include intense competition and the need for continuous technological innovation.

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