The pie chart below shows the proportions of leading online travel companies worldwide. December 2022. Summarise the information by selecting and reporting the main features, and make comparisons where relevant. Write at least 150 words.

The pie chart illustrates the market share of international companies operating in online travel services as of December 2022.

Overall

,

while

the presented circle graph does not totally indicate a monopolistic structure, it is abundantly clear that the number of major players in the business area is very limited and the field is geographically confined, with at least 84% of the companies being from the United States of America. It is not surprising that the biggest corporation in the sector of online travel is Booking.com, which holds 45% of the market share

according to

the pie chart.

Furthermore

, it is absolutely transparent that the second biggest organization in the industry is Airbnb, occupying 31% of the market, and altogether these two giants accumulate a stunning 76% of the online travel industry. The only foreign company depicted on the pie chart and the third largest one is Trip.com from China with 12% of the industry share.