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Travel media network ad spending exceeds $2 billion in 2024

  • Automatic
  • 23 October 2024
  • 1 minute read
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This article was written by Hospitality Today. Click here to read the original article

Travel is becoming a significant sector in commerce media, representing the latest non-retail industry eager to capitalize on the advertising model that has proven to be profitable for retailers

Oct 23, 2024

Airlines, ride-hailing services, and online travel agencies are among the companies within the travel ecosystem that are building media networks driven by first-party data. Advertising spending on travel media networks is expected to exceed $2 billion by 2024, with a compound annual growth rate (CAGR) of 17.88% through 2026.

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Please click here to access the full original article.

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