BUSINESSWEEK ONLINE:   Business Week ebiz
DATA MINE May 10, 1999 Hotel E-Bookings Set to Soar Less than 1% of all hotel revenues last year came through bookings made over the Internet, but in the next three years, these are set to more than quintuple. The majority of bookings are now made through hotel Web sites. By 2001, more will occur via travel Web sites like Expedia or Preview Travel. Online Hotel Bookings (in millions of dollars) Hotel Sites Travel Sites Online Total Percent of All Bookings 1998 $294 $230 $524 0.8% 1999 $597 $524 $1121 1.7% 2000 $1090 $1040 $2130 3.1% 2001 $1900 $2000 $3900 5.5% DATA: PhoCusWright Inc. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP					MORE NUGGETS Japan Gets the E-Commerce Bug The Japanese are starting to catch up with the U.S. Top 10 Y2K Concerns Tax snafus are right up there with nuclear power mishaps PC Headaches for the TV Networks The more computer regulars log on the less they tend to watch the tube The Mother Lode A collection of items from the Data Mine