WebBRANDING
The Power of Your Web Site in Leisure Travel Decision-Making
by Gary C. Sain
Chief Marketing Officer/Partner
Yesawich, Pepperdine, Brown & Russell
We
are all keenly aware of the power of the Internet as it relates to travel shopping
and travel buying. According to Forrester Research, US leisure online travel revenue
will increase to $63.60B in 2005, up $10.0B from LY and is forecasted to hit $74.4B
next year. An impressive increase of over $20.0B in just two years! Travel purchases
online now rank just behind books, music and videos. According to a current Nielsen/NetRatings
study, Internet penetration has reached 75% of US households. In addition, a recent
comScore report states that 40% of those users actively use travel sites.
Per the 2005 YPB&R/Yankelovich National Travel MONITORsm, 47% of leisure
travelers booked a travel reservation online, up from 38% two years ago. More
specifically, 75% booked a hotel reservation and 65% booked an airline reservation.
In addition, leisure travelers will visit approximately four sites before they
make a reservation. It should come to no surprise that 70% of leisure travelers
want to check fares and rates. In addition, they want to:
| Check availabilities.............................................................. |
65% |
| Decide where to stay........................................................... |
62% |
| Find places to go.................................................................. |
60% |
| Plan things to do and see................................................... |
57% |
| Read visitors critiques or reviews..................................... |
39% |
| Read journalists critiques or reviews............................... |
26% |
read more
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