coronavirus pandemic and the measures to contain it. However, by 2023 the market was expected to have grown at a CAGR of 11.24 percent to reach 820.18 billion U.S. dollars.
The market size of the global online travel agent sector was 744.73 billion U.S. dollars in 2019. This figure was forecasted to decrease to 595.78 billion U.S. dollars in 2020. The predicted decline in 2020 was mainly due to the economic slowdown across countries owing to the Online travel agent market size worldwide from 2019 to 2023 (in billion U.S. dollars)
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Business Wire. (June 4, 2020). Online travel agent market size worldwide from 2019 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 27, 2021, from https://www.statista.com/statistics/1179020/online-travel-agent-market-size-worldwide/
Business Wire. "Online travel agent market size worldwide from 2019 to 2023 (in billion U.S. dollars)." Chart. June 4, 2020. Statista. Accessed January 27, 2021. https://www.statista.com/statistics/1179020/online-travel-agent-market-size-worldwide/
Business Wire. (2020). Online travel agent market size worldwide from 2019 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 27, 2021. https://www.statista.com/statistics/1179020/online-travel-agent-market-size-worldwide/
Business Wire. "Online Travel Agent Market Size Worldwide from 2019 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Jun 2020, https://www.statista.com/statistics/1179020/online-travel-agent-market-size-worldwide/
Business Wire, Online travel agent market size worldwide from 2019 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1179020/online-travel-agent-market-size-worldwide/ (last visited January 27, 2021)