UK Online Leisure Travel Industry Will Be Worth
According to a new report by Forrester Research the UK online leisure travel market will grow from just £592 million in 2000 to upwards of £3.7 billion in 2005, representing 14% of total leisure travel sales in 2005.
Jaap Favier, senior Forrester analyst, says “As new opportunities arise online for UK travel players, the industry itself faces an overhaul due to the Net. The number of Internet users booking flights online will grow fourfold between 2000 and 2005 from 1.6 million to 5.7 million, and the online flight market in the UK will account for 45% of the total £3.7 billion industry in 2005. To reach and keep the British online travel shopper, Web travel sites will have to understand the specific travel needs of the various online shoppers.”
