Online managed travel is booming in Europe
In 2014, TMCs, including corporate booking tools, hotel booking aggregators, and online travel management companies, will book 13.1 billion euro in online managed travel bookings.
In 2014, European companies will book 41 billion euro of travel through the online tools of large agencies, says a new forecast.
That represents a 29% spike in online gross bookings over four years, according to a white paper by PhoCusWright, produced in conjunction with Travelport.
Two-thirds of that managed travel business will go through the largest, pan-European travel management companies (TMCs)—Carlson Wagonlit Travel, American Express, Hogg Robinson Group (HRG), BCD, and Expedia’s Egencia.
Read full story at: http://www.tnooz.com/2013/07/10/news/online-managed-travel-is-booming-in-europe/