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Travel Online, up 75% from 2000; PhoCusWright Travel Consumer Trends Survey |
Miami, Fla., November 6, 2001 -- Twenty-one million Americans �usually�
buy their travel online, up 75% from 2000, according to results from the
fourth annual PhoCusWright Travel Consumer Trends Survey. Nearly 27 million
Americans have now bought travel online at least once, up from 21 million
last year. Online travel buyers now represent 13% of the population. The
results were released at The PhoCusWright Executive Conference in Miami,
FL, today.
The annual PhoCusWright Travel Consumer Trends Survey reveals the behavior of �online travelers� - a segment of the U.S. adult population who have used the Web in the last month and traveled by commercial air in the last year. For the first time ever, more �online travelers� book their trips on the Internet than by using a traditional travel agency or calling a supplier. When asked �how do you usually buy your personal travel?,� 41% of respondents go online versus 26% who use a travel agency and 26% who call a supplier. Last year, using travel agencies was the leading method for 39% of respondents, and online ranked last at 27%. This phenomenal growth in �online travelers� who usually buy their travel online is the result of consumers� increased desire for low price. Almost 60% say price is the single most important attribute when making personal travel arrangements; and 53% believe online travel agencies offer the best prices. Travelers are more price-sensitive than ever; an additional 8% of online travelers say price was more most important after Sept. 11 than before. �Online travel is still the e-commerce killer app, despite a very battered market,� said Philip C. Wolf, PhoCusWright president and CEO. �While consumers continue to look for low air fares, more and more are going online for hotels, vacations and cruises.� As in previous years, this PhoCusWright survey was conducted by telephone among a random sample of Americans. More than 10,000 were contacted to obtain a sample of 501 �online travelers.� Unlike much e-commerce research, this is a fully representative, scientific random-sample survey whose results can be projected with confidence to the nation�s adult population. Fieldwork was done by ICR-International Communications Research of Media, Penna., a leading research house whose clients include many major U.S. corporations. Other findings include:
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Lorraine Sileo Vice President, Information Services +1 860 350-4084 x130 (desk) [email protected] |
Also See | PhoCusWright Survey Finds Online Meeting and Registration Tools Can Save Companies US$1 Million / Aug 2001 |