If you aspire to be in this billion dollar club too, now is a great time to develop a travel app. Check out the worldwide marketshare of eager tech savvy travellers these apps have today: Today, these are all billion dollar businesses with worldwide recognition. Much like some of the most successful companies of our time have done.Īirbnb,, Expedia, Trivago, MakeMyTrip, Travelzoo, and many more, started off in someone’s living room, with a laptop and an idea. Developing a travel app that helps people plan delightful travel experiences and easily fulfill them can help you build a sustainable and highly profitable business model. And all these people are looking at their phones for easy solutions to all their travel related problems. That’s how big the travel and tourism market is. Total revenue generated by travel apps worldwide was $300 million in 2021, and is expected to go higher than $500 million in 2022. In 2021, travel bookings increased to $613 billion, though still below 2019 figures. Online travel bookings peaked at $755 billion in 2019, before declining 46% to $403 billion in 2020.Global international tourist arrivals more than doubled (+130%) in January 2022 compared to 2021, and almost tripled in January to July 2022 (+172%).Revenue in the Travel & Tourism market is projected to reach US$716.80bn in 2022.With the right mobile app, you have a stronghold on a large and highly engaged market. On average, at least 10-12 apps are used by a traveller through the course of one trip, from the searching to the returning phase.90% of travellers have a moibile app while at their destination to make their life easier.Almost 50% of travellers have booked and paid for the entire or a part of their trip through their smartphone.The 2018 Digital Traveller Survey of 16,000 travellers from 25 countries reveals some interesting findings: Whether it is to decide where you want to go, book tickets, find the right hotels, or even make a travel itinerary, the first best buddy of every travel plan is a mobile phone. Mobile apps are the first frontier of every travel plan. The world is ready to travel again, and do you know what’s the first thing people pull out when they need to travel? Their phones.

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