I love the industry segment and a strong proponent of technology in the travel space. It has revolutionized the way customers buy travel and related products. Hope my blogs are of interest. Thanks L..

Following are phocuswright stats on online travel industry

In the cruise segment, the market research firm predicts, travel agent sales will grow from $9.6 billion to $10.9 billion from 2007 through 2011. Agents will continue to sell a majority of all cruises.

In hotel/tours, travel agent sales will grow from $13.3 billion to $17.2 billion.

In car rentals, agent sales will remain stagnant at about $1.3 billion per year.

Only in air will agents see a further decline, eroding to $9.7 billion by 2011 - even as air travel grows in actual dollars.