Travel Media Network Ad Spending 2025

Even as Ad Spending on Travel Media Grows, Its Relevance in Commerce Media Is Shrinking

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About This Report
Travel media networks like Marriott, Expedia, and Uber are tapping loyalty data to compete in commerce media. To drive growth, TMNs are turning to off-site activations, cross-industry partnerships, and non-endemic advertising.
Table of Contents

Travel media networks (TMNs) hold untapped potential in the commerce media ecosystem. Their strength lies in loyalty-driven first-party data and the ability to engage travelers across frequent and complex purchase journeys. But to realize growth, TMNs must depart meaningfully from the retail media playbook.

Key Question: What will it take for TMNs to boost their share of commerce media ad spending?

Key Stat: Spending on travel media will surpass $2 billion by 2026, but its overall contribution to commerce media ad spending will stall.

authors

Sarah Marzano

Contributors

Oscar Bruce Jr.
Director, Forecasting
Eleni Digalaki
Blake Droesch
Kyndall Krist
Senior Copy Editor
Penelope Lin
Director, Data Visualization
Wendy Malloy
Director, Reports Editor
Emma Noyes
Graphic Designer, Data Visualization
Matt Torpey
Senior Chart Editor
Emman Velasco
Chart Editor
Max Willens
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