"Major realignment" in travel - PhoCusWright
31 Jul 2009 at 14:11 — Andrew Gough
The online corporate travel market in Europe will represent 22% of the total corporate spend travel spend by 2008, US analysts PhocusWright predict.
Consultants Susan Steinbrink and Lorraine Sileo describe the online market as a "sleeping giant."
The authors say that while the global online travel market will be worth $200bn by the end of 2006, online corporate travel was still small, "representing less than 5% of the total corporate market" in both Europe and the Asia Pacific regions.
26 Jul 2006 at 19:01 — Stanley Slaughter
