Some data in from research group ComScore Networks, outlining the growth of the online retail in the US.
Spending on travel products via the internet increased by 9% period-on-period in the third quarter of 2006 to $18.2 billion, ComScore says.
Non-travel transactions reached $23.1 billion during the same three months, up 23%.
ComScore says, despite the close to double-digit increase for online travel, growth is beginning to slow.
Forecasts for 2006 are $170 billion for online as a whole by year-end, with travel expected to take a $70 billion chunk.
Currently driving the overall growth are consumer goods such as electronics (up 42%), “accessories” (up 32%), sport and fitness (up 29%), software (up 27%) and event tickets (up 22%).
Is the slowing of the online travel sector about to hit the UK?
Kevin May, editor, Travolution
Spending on travel products via the internet increased by 9% period-on-period in the third quarter of 2006 to $18.2 billion, ComScore says.Non-travel transactions reached $23.1 billion during the same three months, up 23%.
ComScore says, despite the close to double-digit increase for online travel, growth is beginning to slow.
Forecasts for 2006 are $170 billion for online as a whole by year-end, with travel expected to take a $70 billion chunk.
Currently driving the overall growth are consumer goods such as electronics (up 42%), “accessories” (up 32%), sport and fitness (up 29%), software (up 27%) and event tickets (up 22%).
Is the slowing of the online travel sector about to hit the UK?
Kevin May, editor, Travolution
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