Business Services Industry
New Report Estimates That Online Consumer Travel Sales Hit $79 Billion in 2006 and Will Grow at a 17% Annual Rate before Reaching $146 Billion in 2010
Business Wire, August 13, 2007
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c65395) has announced the addition of new eMarketer report US Online Travel: The Threat of Commoditization to their offering.
It is still far from a tailspin, but the US online travel industry is undergoing a revolution that is redefining the rules of engagement between travel firms and their customers. Internet-savvy consumers are exploiting powerful online resources to find new travel products and pricing options.
The US Online Travel report analyzes the progress of this still growing, but slowing, bellwether Internet sector.
The good news: eMarketer estimates that online consumer travel sales hit $79 billion in 2006 and will grow at a 17% annual rate before reaching $146 billion in 2010. While that is respectable growth, it falls short of the 28% annual growth rate posted from 2002 to 2006.
The bad news: A tighter market will exacerbate the fierce competition between online travel agencies and travel suppliers in an already commoditized market.
Key questions the "US Online Travel" report answers:
* How large is the US online travel market and how fast is it growing?
* How do consumers use the Internet to plan and book travel?
* What are the competitive challenges facing the different types of online travel distributors?
* What is the impact of online communities on the travel planning process?
* And many others...
eMarketer Reports On-Target and Up-to-Date
The US Online Travel report aggregates the latest data from a wide range of marketing and communications researchers with eMarketer numbers, projections and analysis to provide the information you need to make the right business decisions.
Sources: Accenture American Customer Satisfaction Index (ACSI) Bureau of Transportation Statistics Burst Media Compete, Inc. comScore Media Metrix comScore Networks Inc. DoubleClick Economist Intelligence Unit eMarketer eVoc Insights, LLC ForeSee Results Forrester Research Hitwise Hospitality eBusiness Strategies Inc. J.D. Power and Associates Keynote Systems Market Metrix morefocus Nielsen//NetRatings AdRelevance PhoCusWright Inc. ROI Council Smith Travel Research Travel Industry Association of America (TIA) Travelfocused.com Content Outline: Executive Summary US Online Leisure/Unmanaged Business Travel Metrics, 2006 & 2010 Issues & Questions The eMarketer View Key eMarketer Numbers: US Online Travel US Travel Industry Outlook Sizing Up the Online Travel Market Online Travel Shopping Patterns The Power of the Internet as a Travel Planning Resource Critical Success Factors of Travel Web Sites Rating and Ranking Travel Web Sites Related Information and Links Related Links Contact Report Contributors About eMarketer
For more information visit http://www.researchandmarkets.com/reports/c65395
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