Online Travel's Great Promises
After listening to her friend about the benefits of online travel
, a lady traveler decided to plan her trip on her own by going online.She can now brag about her own list of travel coups in the Internet. She's only getting started but she already has her hands on the following a train ticket from Chicago to New York City for just $33, a hotel suite accommodation in Austin, Texas for just $26 and best of all, a round trip airplane ticket to Denver for just $100.
Exceptional deals await those who would want to get away and relax somewhere for the weekend. With the click of a mouse people can easily avail of great deals found in convenient online shopping thanks to high speed Internet connection plus the fact that so many online airfare wars contribute to the high number of people that go online.
An independent travel research outfit discovered that last year posted over 35 million Americans purchasing travel online. The company states that 19 million others went online to learn more on destinations and places.
This year, the Web is expected to make up to $53 billion from just the leisure travel booking side, and this makes up around 22 percent of the income of the travel industry, reveals another research firm from their projections and studies.
There is so much life in online travel. It has managed to be stronger than our expectations. So many exciting deals are released these days.
An online travel needs provider based in Chicago has their chief executive office projecting an even more dramatic uptrend thanks to the newly heightened airline competitions.
The low end carriers keep putting on more routes and planes that force their bigger rivals that respond by slashing transcontinental fares.
If you're among the frequent East Coast to West Coast fliers who are also well versed on the Florida flight rates, then you should also know about the bloodbath that exists thanks to the high cost of fuel, the bigger capacity in the travel marketplace and lastly, the reduced cost of labor seen in today's more prominent airline firms.
Thanks to the grave competition in this business arena, many of the major airlines, have been struggling through a tough financial situation this year, the first since 2001.
But when it comes to the world of online travel, such prices, as long as it's within a secured travel environment, are extremely stimulative to the marketplace for those of who go for strong volume.
But the online travel business puts high stress on income.
In the midst of an industry leader boasting about its strong bottom line, both the biggest online travel providing teams which are backed by five of the biggest US airline companies are still struggling in their goal to achieve a net profit even after generating strong sales.
As web savvy consumers grow more each day, who look forward to transacting business with any online travel sites that gives them better deals for their travel needs, revenue is hard to build.
Only about 35 percent of online travelers are brand loyal. A wonderful example shared by an Internet travel planner is also one that he uses never leaving any key travel site unvisited.
For the best plane, hotel, car and train deals, a traveling couple goes online.
Isn't it just awful that many travel agents' business are hurt when they are the ones that truly aid clients and help them avoid booking hassles, especially ones that who do not have time, patience or ability to hunt for the best online deals.
But then why bother calling a travel agent when you can do it right in your own home thanks to your computer? The hotel market has now become the hottest area in online travel, with 2003 posting $8.7 billion in leisure bookings.
The two biggest online travel sites have stepped up the battle for market share, spending heavily on investment and promotion.
Both have reached so much success in getting in more corporate clients. For many analysts, the key to success for the online agencies is the shift toward packaging air, car rental and hotel together in one affordable and reasonable price.
For the first time in history, its income, at least half of it, will emanate from other sources beyond those derived from plane ticket sales.
He avers that travel bundles are now the in thing. In the years ahead, more people will espouse this and it will be a hot commodity far that how it is perceived now.
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