The forecast for individuals purchasing travel and holiday accommodations online in Northern Ireland shows a steady upward trend from 2024 to 2028. The proportion of internet users engaging in such activities is projected to rise from 69.6% in 2024 to 71.67% by 2028. The annual growth rate is modest, hovering around 0.6% to 0.73% year-on-year. The compound annual growth rate (CAGR) over the five-year period reflects a consistent gradual increase.
Future trends to watch for include:
- Advancements in technology that could further streamline the booking experience, potentially spurring higher adoption rates.
- Influence of economic factors, including disposable income levels, which may impact growth pace.
- Changes in travel preferences, especially post-pandemic, which might alter online booking trends.