American online travel agencies (OTA) have had double-digit annual sales growth every year until this year (2019). We predict the total available market of OTA (such as Booking Holdings, TripAdvisor, and Expedia) will have the slowest annual growth ever. While in 2018 TAM grew ~13%, we predict it will hit a mere ~6% annual growth this year (2019). However, our machines predict that the OTA growth will accelerate in 2020 from high single digit to low double digit.

According to our data, in 2018 international tourist arrivals grew to 1.4 billion – faster than growth in the global economy! We predict continued growth for the foreseeable future driven by favorable economic environments. In Q1 2019, Booking and Expedia made up the majority of the market with 49% and 45% respectively; TripAdvisor continues to underperform with only 6%. Our algorithms predict Booking will further claw market share from its rivals – growing to 52% by the end of 2020.

 

Big Data Federation, Inc. is an artificial intelligence-driven financial technology company which develops and applies innovative machine-learning technologies to big data to predict financial and economic fundamentals metrics.  We use these predictions to fuel our automated hedge fund.  We comprise a group of technologists, mathematicians, data scientists, economists, and programmers. The company was incorporated in 2015, is headquartered in Santa Clara, California and has a satellite engineering office in Europe.