2006 online travel spending off to a strong start

Online travel spending is off to a great start in 2006, with more people booking their journeys online.
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The growth in 2006 online consumer spending follows a year of solid gains. Total online spending for the full year 2005, including travel, reached $143.2 billion, up 22 percent over 2004. Online non-travel spending in 2005 accounted for $82.3 billion, an increase of 24 percent over 2004 levels.

The 2006 year opened on a strong note, with solid growth of 33 percent in online non-travel sales versus the same period in 2005,” said Gian Fulgoni, chairman of comScore Networks. “It’s clear based on what we’re seeing so far in 2006 that the strength in online sales will not wane anytime soon.”

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tags: ecommerce

Posted 01/24/06 by JJ | Filed under: E Commerce and E Business