The quiet gold rush in online travel
📈 Sep 16, 2025, the online travel sector is seeing a shift. Expedia leads with 70,000 partners and 160,000 agencies, obtaining 30% of bookings from B2B in Q2 2025, growing at 17% versus 1% for consumer. Booking Holdings consolidates its B2B efforts. Hopper’s B2B drives two-thirds of its revenue. B2B offers stability and global expansion, especially in Asia and Europe, but faces margin challenges. With consumer growth slowing, B2B is now crucial for online travel agencies.
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