Do your bed and breakfast have a website? Do you belong to an online reservation system?
Jupiter Research reports that revenue from the online travel market is steadily increasing. The online travel market includes the hotel, airline, and car rental services offered by such companies as hotels.com, Expedia, and Travelocity.
In 2004, this market earned a gross revenue of $57 billion.
In 2005, sales rose to $65.4 billion.
The projection for 2005 is $78.8 billion. By 2010, online reservation systems anticipate cornering 1/3rd for all travel bookings for an anticipated gross revenue of $104 billion.
Take advantage of this trend by tapping into the on-line reservation market.