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European Online Travel Market To Be Worth E20bn By 2006, Says Jupiter

European Online Travel Market To Be Worth E20bn By 2006, Says Jupiter

The European online travel market will be valued at more than E20 billion by 2006, according to a new report from Jupiter MMXI, with the UK currently leading the way with almost six million unique visitors in January 2002.

Germany and France follow the UK with 5.1 million and 2.5 million unique visitors in the first month of this year. Italy and Sweden both had 1.2 million to travel sites and Spain 645,000.

Europeans spent on average 26 minutes on travel sites in January 2002. Britons spent the most amount of time, at 37.4 minutes per visitor per month on average; the Swiss spent the least amount of time at an average of 17.9 minutes in January 2002.

Lastminute.com is the most popular travel site in the UK, with 849,000 unique visitors last month. Across Europe, Bahn.de takes the top spot, with 2.1 million unique visitors in January.

Top 10 Travel Sites in the UK, January 2002 
       
  UK, at home panel Unique visitors (000) Digital media reach %
       
  Total Digital Media  16,152  100 
   Travel  5,886  36.4% 
1 Lastminute.com 849 5.3%
2 Expedia.co.uk 844 5.2%
3 Easyjet.com 835 5.2%
4 Go-Fly.com 624 3.9%
5 BritishAirways.com 566 3.5%
6 RyanAir.com 556 3.4%
7 Ebookers.com 475 2.9%
8 TheTrainline.com 420 2.6%
9 OTC-UK.com 389 2.4%
10 BookRyanAir.com 347 2.1%
       
Source: Jupiter MMXI, 14.02.02 

Top 10 Travel Sites in Europe, January 2002 
       
  Europe, at home panel Unique visitors (000) Digital media reach %
       
  Total Digital Media  64,795  100 
Rank Travel  19,607  30.30% 
1 Bahn.de 2,120 3.3%
2 Lastminute.com 1,718 2.7%
3 Easyjet.com 999 1.5%
4 TrenItalia.com 996 1.5%
5 RyanAir.com 926 1.4%
6 Expedia.co.uk 922 1.4%
7 Voyages-SNCF.com 818 1.3%
8 Go-Fly.com 669 1.0%
9 BritishAirways.com 640 1.0%
10 Expedia.com 636 1.0%
       
Source: Jupiter MMXI, 14.02.02 

“Most travel sites currently fail to help visitors sufficiently in their decision-making process and miss an opportunity to turn browsers into online shoppers. Once visitors need advice and interaction Jupiter MMXI has found that they return to the offline world, with an increased level of customer service for potential buyers,” the report warns travel site operators.

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