In the travel & tourism market worldwide in 2024, the travel & tourism segment generated the highest revenue, reaching approximately ************** U.S. dollars. The hotels segment ranked second with around ************** U.S. dollars, while package holidays followed with about ************** U.S. dollars.

Global Travel market size 2021 was recorded $1306.69 Billion whereas by the end of 2025 it will reach $1632.3 Billion. According to the author, by 2033 Travel market size will become $2547.17. Travel market will be growing at a CAGR of 5.72% during 2025 to 2033.

According to a 2021 forecast, total tourism expenditure in England, including the spending of international and domestic overnight travelers, is expected to decrease by over ** billion British pounds in the second half of 2021 over the same period of 2019. As predicted, London would record the highest drop, with total tourism expenditure declining from **** million British pounds to around **** billion British pounds over the period considered.

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Metaverse Market in Travel and Tourism Market Size 2024-2028

The metaverse market in travel and tourism market size is forecast to increase by USD 155.17 billion at a CAGR of 26.76% between 2023 and 2028. In the dynamic realm of technology, the metaverse market in travel and tourism is experiencing significant growth. Key drivers include the surging demand for great technologies such as Augmented Reality (AR) and Virtual Reality (VR), which offer unprecedented experiential opportunities for travelers. Furthermore, the metaverse's application in travel and tourism is on the rise, with developments in this sector revolutionizing the way we explore and experience destinations. However, this burgeoning market is not without challenges. High development costs associated with AR and VR applications pose a significant barrier to entry for many players. Despite these hurdles, the metaverse's potential to transform travel and tourism is undeniable, making it an exciting and innovative space to watch.

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The market in the Travel and Tourism industry is experiencing significant advancements with the integration of Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR) technologies. Metaverse devices such as VR headsets, MR headsets, smart glasses, and smart helmets are transforming the gaming experience for tourists, offering tailored metaverses and digital twins for great exploration. Investments in the Metaverse sector are on the rise, driven by the potential for additional revenue and deployable use cases in the travel industry. The medical sector is also exploring the benefits of Metaverse technology for training and simulation purposes. Advancements in 3D modeling and the use of Unreal Engine are enhancing the realism and interactivity of Metaverse experiences.

However, challenges such as eye strain, dizziness, nausea, myopia, low resolution, and virtual sickness remain concerns for users. Electromagnetic frequency emissions from Metaverse devices are another issue that requires attention. As the Metaverse market continues to evolve, timelines for human resource development and business performance optimization will be crucial for success. Blockchain technology is expected to play a role in securing transactions and ensuring data privacy in the Metaverse travel and tourism market. Overall, the Metaverse market holds immense potential for innovation and growth in the travel industry.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  AR
  MR
  Blockchain
  XR
  VR


Component

  Hardware
  Software
  Services


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  APAC

    China


  South America



  Middle East and Africa

By Application Insights

The AR segment is estimated to witness significant growth during the forecast period. The metaverse market in travel and tourism is experiencing significant advancements with the integration of Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR) technologies. According to industry estimates, this sector is expected to witness substantial growth, driven by the adoption of HMDs (Head-Mounted Displays) such as VR headsets, MR headsets, smart glasses, and smart helmets. These technologies offer tailored metaverses for travelers, providing great gaming experiences and personalized explorations. Investments in the metaverse market are on the rise, with developments in the medical sector showcasing digital twins, blockchain, artificial intelligence (AI), and machine learning (ML) for healthcare providers.

Furthermore, advancements in programming and cybersecurity concerns are being addressed to ensure negligence and oversight are minimized. AR and VR technologies are revolutionizing traveler experiences by enabling real-time navigation and information, simplifying exploration in unfamiliar locales. The convergence of these technologies with AI and ML offers personalized experiences, enhancing traveler engagement. However, concerns regarding health effects, cybersecurity, regulations, defined standards, taxation, and experiential training are being addressed to ensure a seamless and safe user experience. For instance, preflight checks, integration, weapon training, and flight training simulations are being developed to ensure safety and efficiency in various sectors. In summary, the metaverse market in travel and tourism is undergoing significant advancements, driven by the adoption of AR, VR, and MR technologies, investments, and tailored metaverses. Addressing concerns regarding health effects, cybersecurity, regulations, and defined standards is crucial for the continued growth and success of this sect

The Leisure Travel Market offers a range of products and services tailored to the needs of different travelers:Lodging: Hotels, resorts, vacation rentals, and other accommodation options.Transportation: Airlines, trains, buses, and private transportation services.Food & Beverages: Dining, catering, and culinary experiences.Events & Entertainment: Concerts, festivals, shows, and other entertainment events.Others: Travel insurance, tour operators, and other services. Recent developments include: August 2023: Skyscanner launched its Hindi language experience for all of its products and services in an effort to further solidify its position in the Indian market., August 2023: MakeMyTrip and the Ministry of Tourism collaborated to release a unique Travellers' Map of India, which features more than 600 locations outside of the country's most popular tourist destinations., October 2021: American Express introduced full-service business checks under its brand for small and medium-sized enterprises.. Notable trends are: Increasing amount of discretionary income is driving the market growth.

How big is the Medical Tourism Market? The Medical Tourism Market size is expected to reach USD 84.92 billion in 2024 and grow at a CAGR of 23.03% to reach USD 239.37 billion by 2029.

   What is the current Medical Tourism Market size? 
   In 2024, the Medical Tourism Market size is expected to reach USD 84.92 billion.

   Who are the key players in Medical Tourism Market?
   Healthbase, Apollo Hospitals, KPJ Healthcare, Klinikum Medical Link and Medretreat are the major companies operating in the Medical Tourism Market. 

   Which is the fastest growing region in Medical Tourism Market? 
   Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). 

   Which region has the biggest share in Medical Tourism Market? 
   In 2024, the North America accounts for the largest market share in Medical Tourism Market. 

   What years does this Medical Tourism Market cover, and what was the market size in 2023? 
   In 2023, the Medical Tourism Market size was estimated at USD 65.36 billion. The report covers the Medical Tourism Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Medical Tourism Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

   What is the dominant segment contributing to the largest market share in Medical Tourism? 
   Cosmetic Treatment is the dominant segment that holds the major share of the Medical Tourism Market.

   The Global Medical Tourism Market Report provides a comprehensive industry analysis of the medical tourism market, segmented by treatment type and geography. The market overview highlights the various treatment types including cosmetic, dental, cardiovascular, orthopedics, bariatric, fertility, ophthalmic, and other treatments. The industry statistics indicate significant market growth driven by the increasing demand for affordable and high-quality medical care.<br><br>In terms of market segmentation, the report covers North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, providing a detailed market forecast for each region. The industry size and market value are presented in terms of USD, reflecting the market's economic impact. The market trends and growth rate are analyzed to provide insights into future market predictions.<br><br>The report also includes an industry outlook, focusing on key market leaders and their strategies. The market review highlights the competitive landscape and the role of both private and public healthcare service providers. Additionally, the report examines alternative treatment options and their market share.<br><br>For those seeking more detailed information, the report example and report pdf are available for further industry research. The market data and industry reports offer valuable insights for companies looking to understand the market dynamics and make informed decisions. The industry trends and market outlook provide a clear picture of the market's future direction.<br><br>Overall, the Global Medical Tourism Market Report is an essential resource for understanding the market's growth forecast and industry worth. It provides a thorough market analysis and industry information, making it a valuable tool for research companies and stakeholders in the medical tourism industry.

   Medical Tourism Also Known As: Patient Mobility, Transnational Healthcare, Therapeutic Tourism, Medical Vacation, Health Travel

   Medical Tourism Report Covers the Following Regions: NA, North America, North American, Northern America, Northern American, EU, Europe, European, APAC, Asia Pacific, Asian, MEA, Middle East and Africa, Middle Eastern and African, MENA, Middle East, Middle Eastern, SA, South America, South American

   Medical Tourism Report Covers the Following Countries: USA, United States, US, Canada, Mexican, Mexico, DE, Germany, German, UK, United Kingdom, FR, France, French, IT, Italy, Italian, ES, Spain, Spanish, China, Chinese, JP, Japan, Japanese, IN, India, Indian, AU, Australia, Australian, KR, South Korea, South Korean, GCC, Gulf Cooperation Council, ZA, South Africa, South African, BR, Brazil, Brazilian, AR, Argentina, Argentine

[205+ Pages Report] Global wellness tourism market size & share is expected to reach USD 1,468.3 Billion by 2026, growing at a CAGR of 8.7% during the forecast period of 2021-2026.

The market size of the global virtual tourism industry was estimated at ************ U.S. dollars in 2021. As forecast, this figure is expected to grow substantially in the following years, totaling over ********** U.S. dollars by 2027. Virtual tourism refers to the adoption of extended reality technologies, such as virtual reality, to create travel experiences without the mobility implications of travel.

Domestic Tourism Market size was valued at USD 1226.1 billion in 2021 and is poised to grow from USD 1390.4 billion in 2022 to USD 3802.27 billion by 2030, growing at a CAGR of 13.4% in the forecast period (2023-2030).

Online Travel Market was Projected USD 540.2 billion in 2021 and is expected to reach USD 1,263.0 billion by 2029 and will grow with a high CAGR of 11.2%.

The global tour operator software market was valued at USD 650.3 million in 2023 and is projected to reach USD 1428.7 million by 2030, registering a CAGR of 11.9% for the forecast period 2023- 2030 The fast-growing travel industry is contributing to the growth of the global tour operator software market

Tourism is one of the fastest-growing industries and contributes a great deal to economies around the world. In recent years the tourism industry has grown significantly across the globe. Nowadays, people tend to spend more and more time traveling between their homes and places for work or studies.

For instance, according to the U.S. Travel Association, total travel spending improved to 0.9% above June 2022 levels and was up 4.7% year-to-date through June 2023.
In addition, World Travel & Tourism Council states that, in 2022, the Travel & Tourism sector contributed 7.6% to global GDP; an increase of 22% from 2021 and only 23% below 2019 levels, and international visitor spending rose by 81.9% in 2022. 

To boost their business profit in this rapidly increasing tourism industry, tour operators want tour operator software that regulates their packages and maximizes online booking. In order to enhance their profit and revenue, companies also require a professional tour operator framework.

Increasing Adoption of Al across the Tourism Sector is accelerating the growth of the tour operator software market

The use of artificial intelligence (AI) in tour operator software is becoming increasingly popular for booking attractive tour packages. This integration is improving customer experience and services within the tourism industry. With the added benefits of artificial travel intelligence, passengers can expect customized, automated, and insightful travel arrangements that meet their expectations. The integration of AI also allows tour operators to study the interests and behaviors of their travelers, offering an enhanced experience. Thus, the growing integration of Al is boosting the tour operator software market globally.

COVID-19 Impact on Global Tour Operator Software Market

The pandemic generated unprecedented disruption to tourism, with a major drop in international demand as countries implemented broad lockdowns and travel restrictions in order to prevent the virus's spread.

International travel fell by 72% in 2020, the worst year on record for tourism, resulting in 1.1 billion fewer international tourists (overnight visitors) worldwide, reverting to levels seen 30 years earlier.

International tourism moderately recovered in the second half of 2021. Increased traveler confidence, as well as rapid progress on vaccinations and the relaxation of entrance restrictions in many countries, drove the surge in demand. As a result of this rise, demand for tour operator software surged during the first half of 2021. However, because to differing degrees of mobility limitations, vaccination rates, and traveler confidence, the pace of recovery has remained slow and unequal across the globe.

Tour Operator Software automates online tour inventory, booking, itinerary building, customized packages, group booking, payment gateway with customer management system capabilities, and back-office management for travel agencies and tour operators. Tour operator software can be used by travel agencies to streamline tour booking procedures, sell tour/destination packages via the web portal, or establish greater business collaboration with partners to boost online travel companies. Benefits of using tour operator software • It enables travel sites in the promotion of apartments, hotels, resorts, guest houses, and villas. • It gives unparalleled insights into benefits. • It shortens time through fast keyboard entry of transactions, full integration, and outer transaction import routines. • It enables their customers to appreciate the immense efficiency of the error correction process, increase productivity, and enhance the ability of the agency to manage changes.

The global car rental market within the tourism industry is experiencing robust growth, driven by the increasing popularity of leisure travel and the rising preference for self-drive vacations. The market's Compound Annual Growth Rate (CAGR) of 8.00% from 2019-2033 indicates a significant expansion, projected to reach a substantial market size by 2033. This growth is fueled by several factors. The rise of online booking platforms offers travelers convenience and competitive pricing, boosting market penetration. Furthermore, the diversification of vehicle options, catering to both budget-conscious travelers (economy vehicles) and luxury seekers (premium vehicles), broadens the market appeal. The increasing adoption of rental cars by both individual tourists and travel agencies further contributes to market expansion. While data for the specific market size in 2025 is unavailable, considering the 8.00% CAGR and estimating a 2019 market size based on industry averages, a reasonable projection for 2025 market value is plausible (specific value estimation requires more initial data, but using standard projection models, we can estimate this size as XX million dollars, where XX is a value calculated using appropriate models and data available from various sources). Geographic variations are also prominent. North America and Europe currently dominate the market, though the Asia-Pacific region, particularly China and India, shows immense potential for growth due to rising middle-class incomes and increasing tourism. However, market growth faces certain constraints, including fluctuating fuel prices, stringent regulations on vehicle emissions, and the increasing popularity of alternative transportation options such as ride-sharing services. Nevertheless, the continuous innovation within the car rental sector, including the adoption of advanced technologies like mobile apps and automated booking systems, will counterbalance these challenges and drive the continued expansion of the car rental market within the tourism industry. Key players in this competitive market, including Hertz, Enterprise, Avis, and Sixt, are actively investing in technological advancements and strategic partnerships to maintain their market share and capitalize on emerging opportunities. This report provides a detailed analysis of the global car rental market within the tourism industry, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period spanning 2025-2033, this study offers invaluable insights for businesses operating in this dynamic sector and investors seeking opportunities in a multi-billion dollar market. The report leverages extensive data analysis to provide forecasts and strategic recommendations, focusing on key trends, challenges, and growth drivers. This in-depth analysis covers market segmentation by vehicle type (economy, luxury/premium), booking mode (online, offline), and end-user (self-driven, rental agencies), examining market dynamics impacting major players like The Hertz Corporation, Enterprise Holdings Inc., Avis Budget Group Inc., and Sixt SE. Recent developments include: In January 2022, ekar, the Middle East's mobility company, launched its operations in Thailand starting with Bangkok and with plans to expand into other countries. ekar is launching its proprietary car subscription service which offers cars from one to nine-month terms for a single monthly subscription cost with no down payments or long-term commitments via the ekar app., In December 2021, Volkswagen announced plans to acquire Europcar in France and launched USD 3.4 billion. The acquisition will be handled by Green Mobility Holding, a dedicated vehicle of which Volkswagen will own two-third., In November 2021, Hertz rentals partnered with Tesla Motors, to supply 100,000 Model 3S by 2022, and news that half of these vehicles are expected to be rented out to Uber drivers., In July 2021, Key'n Go, which is operated by Goldcar, the low-cost brand of Europcar Mobility Group allows customers to benefit, at scale, from a 100% digital, safe and fast solution to book, pick up & return their vehicle in 35 key leisure airports in Southern Europe, In February 2021, Theeb Rent a Car, a Saudi-based car rental company extended its car rental fleet in the Kingdom. The company has added more than 1,700 cars from luxury brands such as BMW, Mercedes, and also economic models such as Chevrolet, Kia, Ford, Nissan, Toyota, and Hyundai, including the new 2021 models.. Key drivers for this market are: Growing Use of Aluminum in Die Casting Equipment to Increase Market Demand. Potential restraints include: Fluctuations in Raw Material Prices. Notable trends are: Online Booking Expected to Witness Significant Growth during the Forecast Period.

Europe's Golden Generation Travel Market is estimated to reach US$ 68 Billion in 2022. As per the report, sales are forecast to increase at a robust 4% CAGR, with the market valuation reaching US$ 88.81 Billion by 2032.

Scope of Report

Adventure Tourism Market size is estimated to be USD 288.08 billion in 2021 and is predicted to reach USD 2824.42 billion by 2030.

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Indonesia Tourism And Hotel Market Size 2025-2029

The indonesia tourism and hotel market size is forecast to increase by USD 11.44 billion at a CAGR of 6.5% between 2024 and 2029.

Market Size & Forecast

Market Opportunities: USD 60.90 billion
Market Future Opportunities: USD USD 11.44 billion 
CAGR : 6.5%

Market Summary

The market has witnessed significant growth in recent years, with international visitor arrivals increasing by approximately 7% year-on-year, as of 2021. This trend can be attributed to the country's rich cultural heritage, diverse natural attractions, and improving infrastructure. In terms of accommodation, the hotel sector has seen a shift towards mid-range and budget properties, catering to the increasing preference for affordable yet quality stays. Online travel platforms and growing internet access have facilitated the booking process, leading to a surge in digital transactions. Moreover, the Indonesian government's initiatives to promote sustainable tourism and eco-friendly practices have attracted environmentally-conscious travelers. Despite these positive developments, the market faces challenges such as infrastructure gaps in certain regions and unpredictable weather patterns, which can impact tourist arrivals. Nonetheless, the ongoing investments in tourism infrastructure and the country's unique offerings continue to make Indonesia an attractive destination for both business and leisure travelers.

What will be the size of the Indonesia Tourism And Hotel Market during the forecast period?

Explore in-depth regional segment analysis with market size data with forecasts 2025-2029 - in the full report.
Request Free Sample The market continues to expand, with significant growth in both domestic and international visitor numbers. In 2020, Indonesia welcomed over 15 million international tourists, a 5% increase from the previous year. Domestic tourism also saw a surge, with over 100 million domestic tourists in 2020. Cultural heritage tourism and sustainable tourism development are key areas of focus for the industry, with responsible tourism practices increasingly important for attracting visitors. Gastronomic tourism experiences also contribute to the sector's growth, as Indonesia's diverse culinary offerings gain international recognition. Hotel technology integration is a priority for many establishments, with online booking platforms and guest feedback analysis tools becoming essential for competitiveness. Tourism policy regulation and safety measures are also crucial for maintaining industry standards and ensuring guest satisfaction. Tourism stakeholder collaboration and investment opportunities are driving innovation in the sector. Competitive pricing strategies and customer loyalty programs help hotels attract and retain guests, while hotel operations optimization and destination branding tourism efforts enhance the overall tourism experience. The tourism sector in Indonesia is a significant employer, with over 12 million people directly employed in the industry. Tourism resource management, accessibility improvements, and tourism market segmentation are ongoing priorities for industry growth and sustainability. Hotel branding strategies, travel insurance products, and hotel employee retention are essential components of a successful business model. Hotel security systems and tourism promotion strategies are also crucial for maintaining a positive reputation and attracting repeat business. In conclusion, the market presents numerous opportunities for growth and innovation, with a focus on sustainable practices, technology integration, and stakeholder collaboration.

How is this Indonesia Tourism And Hotel Market segmented?

The indonesia tourism and hotel market market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029,for the following segments. TypeDomesticInternationalClass TypeChain hotelsIndependent hotelsCustomer TypeLeisureBusinessGeographyAPACIndonesia

By Type Insights

The domestic segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving tourism industry of Indonesia, domestic travel remains a significant contributor, accounting for a substantial market share due to the convenience of local travel policies, language familiarity, and cultural connections. However, the government's focus on international tourism to generate foreign exchange may lead to a slight decrease in domestic tourism's dominance. To enhance the overall tourism sector, Indonesia has initiated various initiatives, such as sustainable tourism, sports tourism, culinary tourism, and cultural tourism. These efforts aim to provide diverse experiences for residents and attract international visitors. The Indonesian government's commitment to sustaina

The global sustainable tourism market size was USD 3.23 trillion in 2024 & is projected to grow from USD 3.72 trillion in 2025 to USD 11.53 trillion by 2033.
Report Scope:

Business Travel Market size was valued at USD 711.1 billion in 2021 and is poised to grow from USD 805.1 billion in 2022 to USD 2997.2 billion by 2030, growing at a CAGR of 13.3%

China Online Travel Booking Market Analysis The China Online Travel Booking Market is predicted to reach a market size of 91.21 million by 2033, expanding at a CAGR of 15.25% from 2025 to 2033. This growth is driven by rising disposable incomes, increased internet penetration, the popularity of mobile devices, and the government's support for tourism development. Key trends include the growing demand for personalized travel experiences, the integration of artificial intelligence (AI) into travel booking platforms, and the emergence of online travel agents (OTAs). The market is segmented by service type (accommodation, travel tickets, holiday packages, other services), mode of booking (direct, travel agents), and platform (desktop, mobile/tablet). Key companies include LY com, Trip com Group Ltd., Meituan Dianping, eLong, and Airbnb, among others. Direct booking is expected to dominate the market due to increased consumer awareness about travel deals and discounts available online. Mobile/tablet bookings are also gaining popularity due to the convenience and accessibility they offer. Recent developments include: February 2022: CWT launched myCWT, a flagship platform in China aimed at simplifying business travel for companies and employees. CWT is a global B2B4E travel management specialist based in the United States. The myCWT platform offers extensive international and domestic travel content, including rail, flights, hotels, and ground transportation., July 2021: Trip.com, a rapidly growing global online travel agency, announced that it was the first OTA to offer Eurail and Interrail Train Passes, which are available via the Trip.com app. The passes were initially on sale in all English and German language regions and were said to become available across more countries and regions around the world later in the year.. Key drivers for this market are: Internet Penetration is Driving the Market. Potential restraints include: Government Regulations are Restraining the Market. Notable trends are: Increasing Internet Penetration in China is Helping in Market Expansion.

The coronavirus (COVID-19) pandemic hit the tourism industry hard, as governments implemented travel restrictions and stay-at-home measures to face the global health crisis. In the Netherlands, due to the pandemic, the number of inbound tourists from America fell sharply in 2020 over the previous year, declining from almost *** million to roughly *** thousand. Looking at the forecasts for 2021, a January 2021 study analyzed different scenarios. In the best-case scenario, assuming that intra-continental traveling will be possible from July on, American inbound tourists were forecast to reach *** thousand in 2021. In the worst-case scenario, with restrictions taking place until the end of 2021, the number of inbound tourists from America to the Netherlands was estimated to decrease to around ** thousand in 2021.

The European online travel booking market, valued at €89.22 billion in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 8.14% from 2025 to 2033. This expansion is fueled by several key factors. The rising adoption of smartphones and readily available high-speed internet access across Europe significantly enhances online booking convenience. Furthermore, the increasing popularity of budget travel and the growing preference for personalized travel experiences drive demand for online platforms offering diverse options and competitive pricing. The market's segmentation, encompassing various service types (transportation, accommodation, packages), booking types (OTAs, direct suppliers), and platforms (desktop, mobile), presents substantial opportunities for players to specialize and cater to specific customer needs. Competitive dynamics are intense, with established global giants like Booking.com and Expedia competing alongside regional players and niche specialists focusing on areas like unique villas or hostels. Growth is particularly driven by the UK, Germany, France, and other major European economies, reflecting their larger populations and higher disposable incomes. However, potential restraints include economic downturns, fluctuating fuel prices impacting transportation costs, and increased competition leading to pricing pressures. The forecast period (2025-2033) anticipates continued market expansion, driven by technological advancements such as AI-powered personalized recommendations and improved user interfaces. The increasing sophistication of online travel platforms is likely to further enhance customer engagement and drive booking volumes. The market will continue to witness consolidation, with larger players potentially acquiring smaller niche businesses to expand their offerings and market reach. The rise of sustainable and responsible tourism is also expected to influence market trends, leading to an increased demand for eco-friendly travel options and a focus on ethical travel practices within the online booking landscape. Regional variations in growth will likely persist, with regions exhibiting strong economic growth and a higher adoption of online technologies experiencing faster expansion. Recent developments include: 15th November 2022: Booking.com, the leading digital travel platform, announced a series of new features for accommodation, car rental, and flights, to mark the one-year anniversary of its sustainability program launched in 2021., July 27, 2022: Booking.com launched the Ultimate Pride Amsterdam Experience to celebrate the 25th edition of the iconic Canal Parade., May 2022: lastminute.com, Europe's travel-tech leader, launched its first physical gift card, which will be available at a number of the UK's major retailers, like Morrisons, Tesco, and Amazon., 2nd February 2022: eDreams ODIGEO, Europe's largest online travel company, the second largest in terms of flights globally, and one of the largest European e-commerce businesses, announced that they have signed a New Distribution Capability (NDC) agreement with British Airways and Iberia, both part of IAG, one of the world's leading airline groups.. Notable trends are: Shift towards Mobile Phones for Travel Booking.