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Middle East to see online travel bookings double by 2014
- Middle East: Sunday, October 28 - 2012 at 04:00
A report by global travel market research firm PhoCusWright, and co-sponsored by Travelport, has said online bookings in the Middle East online has grown by nearly a third this year, Saudi Gazette has reported. Online travel sales in the Middle East will grow 31% from 2011 to almost $10.4bn this year, and are set to reach $15.8bn by 2014, the study said. In 2011, 39% of all online bookings in the Middle East were made through regional online travel agencies (OTAs), and the gross booking value via OTAs is set to nearly double from $3.1bn to $6bn by 2014m, it said.
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