Thursday, April 3, 2008

Online Travel Market in India

Source: http://www.pluggd.in/2008/03/indian-travel-industry-witnessing-penguin-effect

Online travel bookings are just 11% of the total 16 billion-dollar travel market in India but is expected to grow exponentially in the next five years. Over nine million Indians travel abroad every year but only a few make reservations online. The Indian online travel market is the fifth biggest in Asia and is likely to become one of the top three in the continent over the next five years and touch six billion dollars in terms of revenues.

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Mukul Singhal