Mondee SPAC
Global Travel Agency Market
Traditional travel agencies have long been in decline, given the growth of online sites. There are trends in the
market, however, that signal that this decline might finally be over
Global Travel Agency Market
Dollars, Billions
360.0 352.0
|||
2018
2017
Source: IBIS
348.0
2019
215.0
2020
290.0
2021
408.0
11%
CAGR
479.0
|| |||
2022
456.0
2023
491.0
2024
2025
MONDEE
Travel agent market forecast to
outpace broader market growth in
the near to mid-term, given COVID-
19-driven need for assisted
booking
▪ Travel agencies are likely to
continue to expand and evolve in
the long-term as well, as the
market shifts to a gig-economy
model
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