Minister Al-Rajhi: 11,171 jobs created in occupational safety and health field in 3 years    EU to launch first chamber of commerce in Riyadh to boost trade relations    ALESCO's Executive Council meeting to be held in Jeddah    Crown Prince to grace Arab Forum of Anti-Corruption Agencies on May 15 in Riyadh    Saudi Arabia, Japan discuss way to grow digital economy and innovation    Saudi startups secure over SR12 billion in venture capital investment in a decade    Saudi non-oil revenues up by 9% reaching SR111.5 billion in 1Q of 2024 Quarterly budget report posts SR12.39 billion deficit    Kerem Shalom crossing closed as Hamas fires rockets from Gaza    Rwanda won't guarantee how many migrants it will take from UK    Presidential Medal of Freedom: Biden honors activists, astronauts and Olympians    European election: Teen admits to attacking Matthias Ecke    Groundbreaking Ceremony for Al-Asasyah Advanced Industry HVAC Smart Factory in Dammam    Loay Nazer announces candidacy for presidency of Al-Ittihad    Al-Nassr sets up thrilling clash with Al-Hilal in King's Cup final after defeating Al-Khaleej    Karim Benzema seeks medical consultation in Madrid for ongoing injuries    Al-Hilal beats Al-Ittihad in heated King's Cup semi-final    Infinix GT 20 Pro flagship launch: Revolutionizing esports-level gaming and ushering in a new era of the holistic gaming universe    SFDA: Breast-milk substitute products are sugar-free complying with Saudi specifications    'Zarqa Al Yamama': Riyadh premieres first Saudi opera    Australian police launch manhunt for Home and Away star Orpheus Pledger    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



ATM '13 set as region online travel bookings to reach $15.8b by 2014
Published in The Saudi Gazette on 01 - 11 - 2012

JEDDAH – Regional Internet bookings were expected to grow by another $5.4 billion, accounting for 22 percent of all travel bookings within two years, with a total value of $15.8 billion, the October 2012 study from Travelport entitled “Assessing the Online Travel Opportunity: The Middle East”, conducted in association with global travel market research company PhoCusWright, said.
A shift in the attitude of the region's travelers to new booking channels has seen online bookings grow by almost a third in 2012 to reach just under $10.4 billion, up 31 percent from 2011 figures.
The topic of online versus traditional booking channels will once again be a key focus at the Arabian Travel Market 2013 seminar that will be held at the Dubai International Convention & Exhibition Centre on May 6-9, 2013.
Organizer Reed Travel Exhibitions will highlight the dramatic shift in consumer mindset over the last 12 months as travellers log on to technology for convenient airline and hotel bookings.
The research, which covered online travel trends in 10 Middle East countries from 2010 to 2014, also revealed that regional online travel agencies (OTAs) are expected to grow by 18 percent between now and 2014, with gross booking value set to almost double from $3.1 billion to $5.4 billion in the next two years.
“In 2011 alone, there was a 39 percent rise in online bookings in the region, and we are seeing a clear shift from dependence on traditional booking channels to online services as the Middle East traveller becomes more comfortable with using the Internet as a convenient and credible resource,” said Mark Walsh, Portfolio Director, Reed Travel Exhibitions.
“Mirroring this sharp rise in the online travel marketplace, floor space in our Technology and Online Wholesalers section for next years show is already 78 percent sold,” he added.
“The breakneck pace of technological development is leading the travel industry towards a completely virtual business environment. The ‘human face' of the business needs to be successfully transplanted into the online domain by bringing both personality and functionality into play if companies are to maintain their commercial success moving forward,” said Walsh.
Growing confidence in ecommerce sites and the safety of web-based transactions is also prompting an increase in interest in online travel searches, says Wego, which also saw a substantial rise in traffic and transactions following the launch of its parallel Arabic-English platforms earlier this year.
“Now that wego.ae is live in Arabic, we have noticed a surge in local hotel searches and interest in a much wider mix of international flights and accommodation to over 600 destinations,” said Ross Veitch, Wego CEO and co-founder.
According to Veitch, searches by local users for flights from Abu Dhabi have increased by 120 percent year-on-year, and by 106 percent for Dubai departures. – SG


Clic here to read the story from its source.