WhereDaily News: Lodging Drives Steady Growth in U.S. Travel Market
NEW YORK, NY--(Marketwired - March 17, 2016) - Demand is high for all types of travel in the U.S., but the hotel sector is having an especially rosy few years with demand rising faster than supply. Hotels continue to rule as the most important source of sustenance for online travel agencies (OTAs), so dominance of online share will shift slightly to OTAs from suppliers. A new report from travel industry research authority, Phocuswright, U.S. Online Travel Overview Fifteenth Edition, provides a detailed overview of travel distribution in the U.S., with analysis of trends in market share, technological innovation and consumer behavior.