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Web Is Bright Spot in Europe Travel Market

01/25/2010| 9:23:10 AM| 中文

The losses were limited to offline channels, however. Online sales fared far better, rising 0.4% to remain at about €68 billion ($95 billion). <br>

Europe’s travel market took a hit in 2009. According to the most recent “European Online Travel Overview” by PhoCusWright and PricewaterhouseCoopers (PWC), total spending on nonbusiness travel was an estimated €214 billion ($300 billion) for the year, down from €239 billion ($335 billion) in 2008.

These losses were limited to offline channels, however. Online sales fared far better, rising 0.4% to remain at about €68 billion ($95 billion).

Read the full story at: http://www.emarketer.com/Article.aspx?R=1007464
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