The online travel sector has seen its lowest quarterly growth since January 2009 according to figures from the IMRG Capgemini e-Retail Sales Index.
While overall online spend in September saw a 15% increase year-on-year to £5.5 billion, UK consumer spend on online travel increased 4% year-on-year and was down 17% compared with August 2011.
Online travel for the third quarter of this year increased only 2% compared with the same quarter last year, making it the lowest quarterly growth for nearly three years.
Read full story at: http://www.tnooz.com/2011/10/18/news/online-consumers-shunning-high-ticket-travel-for-cheaper-items/
