
Travel services refers to services provided by travel agencies, airways, railways, and other respective organizations to travelers. The travel services industry can be segmented into holiday packages, rental cab or taxi, domestic bus, rail ticket, domestic flight, and hotel accommodation. It basically comes under the hospitality sector. This industry is most likely to be driven by growing connectivity, low-cost carriers, rise in business and leisure trips, and growing disposable income of consumers across the globe. The competition in this industry is also anticipated to rise with leading players coming up with new strategies.