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Monday, July 12, 2004

Online Travel Is Going Places:
"July 12, 2004

Online travel will comprise 33% of all travel bookings by 2006, according to a PhoCusWright report released last week.

Online travel revenues will increase by 34% to reach 52.8 billion in 2004, compared to $39.4 billion in 2003. This represents a large increase from 1998, when early online travel sites accounted for just $3 billion in revenues, but still a far cry from the $120 billion worth of online travel revenues that come in through the phone..."

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