Spain is the second largest travel market in the world. A major portion of the €50 billion spent on tourism was on domestic travel with this trend continuing for the next two years—boosting sales for local destination providers and domestic transport operators. PhoCusWright’s Spanish Online Travel Overview Fourth Edition provides an in-depth look at the current (2006-2007) and future (2008-2010) online travel trends as well as detailed insight into the European online travel market as a whole.
Highlights include:
- Airlines (experiencing turbulence with price wars and reduction in margins) - Hotels (poised for online growth) - Rail (significant growth is expected in online rail bookings through RENFE’s Web site) - Car Rental - Tour Operators (direct sales have not yet developed) - Online Travel Agencies (despite being small, strong growth will continue) - Conclusion
