Thanks to a colleague?s constant raves on online travel, a female traveler decided to plan her trip by herself. Now she can reel off her own list of Internet travel coups. For her first time finds, an affordable rate of only 33 dollars for a Chicago to New York train fare, 23 dollars for a hotel suite in Texas and just 0 dollars gets her a round trip air ticket for Denver and she?s only getting started. Read this site if you want on line travel insurance information.
Good deals await for those people who suddenly decide to go on a weekend getaway. Most of consumers today are thankful for online travel perks at the touch of a button which enable them to have great deals for their travel bookings such as online airfare wars and quick Internet connections and these pave the way to the rising number of people that rely on cyberspace for great travel finds.
More than 35 million Americans purchased travel online last year, according to an independent travel research firm. The 19 million researched on destinations and places, as told by the company.??Solely in this year, the Internet is expected to make billion or more of the leisure trip bookings that compose 22 percent of the revenue of the travel industry, as revealed in the projections done by another company specializing in travel research. There is immense growth in online travel.
It is stronger than what we initially perceived it would be. So many cool offers abound lately. The head honcho of a Chicago based online travel outfit forecasts an extremely dramatic growth in the years to come due to a newly intensified airline competition.??Low cost carrying firms are able to dominate with their ability to develop more planes and routes and on top of this, they enable another benefit in the form of their bigger rivals slashing transcontinental fares to more affordable rates.
If you?ve been from the East Coast then to the West, or scanned the prices on flights to Florida, you?ll know that it could be so excruciating especially with the skyrocketing fuel prices, bigger marketplace boundaries as well as newly reduced cost of labor in prominent airlines. He also notes that due to the stiff competition these days, a lot of the major airlines have been dealing with their toughest year financially since 2001. You will gain a deeper understanding about flight insurance by checking out that resource.
For people within the business of online travel that aim for bigger volume than high rates of their products, as long as the travel environment is safe, then this is still extremely stimulative to the marketplace. But profitability is an issue for many travel dot coms. While a leader in the travel business proclaims a rich bottom line, two of the other biggest online travel agents, which are known ? to have the backing of five biggest U.S.Airlines and despite very strong sales, are still on the route to achieving a net profit.??All of the increasingly Web savvy consumers will transact business with any Internet site which offers them a better price and this makes getting more revenue tough. Thirty five percent of these online travelers are extremely brand loyal. As an example, a Web surfer shares his brilliant strategy on travel planning ?never leaving any key travel sites unvisited. For the best plane, hotel, car and train deals, a traveling couple goes online.
It is a depressing fact that many travel agents see their businesses failing even when they are the ones that offer the best services and can help people avoid ruts especially those that do not have the ability or the time to search the Web for these online deals. But look at it this way ?why would you still bother getting the services of a travel agent when you can easily do it in the privacy of your own home? The biggest sector in the business of online travel is without a doubt the hotel industry, which have posted a revenue growth of 8.7 billion in leisure bookings starting 2003.
The two biggest online travel sites have stepped up the battle for market share, spending heavily on investment and promotion. Both show success in getting in more accounts from the private sector. 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 very first time, sources beyond just the airline ticket sales will be contributing to more than half of its earnings. He avers that travel bundles are now the in thing. It is bound to sizzle and be accepted much more by consumers in the years to come.
Bill Ulch, the creative force behind Art Central Illustration & Design, founded in 1980, is an alumni of Art Center College of Design
Article from articlesbase.com
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Source: http://thevietnamtours.com/2011/07/what-awaits-online-travelers/
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