India’s Online Travel Business Expected To Nearly Quadruple Every Year Until 2010

Now, I know some of you may not be surprised by the headline considering that we are talking about a growth spurt in the online travel business from a relatively small base. Still, I am sure some of our readers will be interested in seeing how India stacks up against other Asian countries. Online travel sales in Asia Pacific are estimated to reach $25.6 billion this year, which is about one-third of the U.S. market forecast, according to New York Internet research firm eMarketer. [via Businessweek] India is expected to see a much higher annual growth rate than Vietnam, China or Indonesia. From 2006 to 2010, India is expected to grow at 271.6% annually, while Vietnam’s online travel sector is forecast to expand 202% and China’s and Indonesia’s in the 70% to 83% range. (The biggest markets in revenue terms outside of Japan are India at $300 million and China at $200 million.) The U.S. online travel biz, by contrast, will grow 17% on an annual basis during the same time.

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