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2010: A "Less Bad" Year For US Travel eBusiness

Travel eBusiness Will Have To Work Hard To Engage Tentative Travel Spenders

February 10, 2010

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Authors

  • By Henry H. Harteveldt
  • with Carrie Johnson,
  • Elizabeth Stark,
  • Kate van Geldern

Why Read This Report

2010 will not be an easy year for travel sellers. Total US leisure and unmanaged travel sales in 2010 will be $2.3 billion below 2009 levels, although online travel sales are expected to increase slightly. US online leisure travelers are scared: Many have seen their financial conditions worsen in the past 12 months. Fortunately, more travelers expect to see their financial states improve this year than expect to see them worsen. However, travel eBusiness professionals mustn't mistake this optimism as a sign that the recession is over — travelers will maintain firm grasps on their wallets. To successfully navigate 2010, travel eBusiness professionals will need to present useful details in shopping and booking paths, employ all available digital channels — in a relevant manner — incorporate useful tools like rich Internet applications, and explore additional ways to present value to the traveler.

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  • US Online Travelers Have Measured Outlooks About Their Finances And The Economy
  • Travelers No Longer Feel They Need To Have It All

Also in Collection: How Travelers' Financial Conditions Will Affect Leisure Travel eBusiness

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