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.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_abcf2f99531f53591beeb7f3a37529bb","wijax_fa00dd9554b1cdde2f73461f713c5ac0"]
{"source":"https:\/\/gigaom.com\/2007\/07\/31\/419-indias-online-travel-business-expected-to-nearly-quadruple-every-year-u\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_094667811ff92fde0ae2ef43d722f66c","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2007\/07\/31\/419-indias-online-travel-business-expected-to-nearly-quadruple-every-year-u\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_094667811ff92fde0ae2ef43d722f66c","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post