Fri 27 Jul 2007
It is evident that Web 2.0 initiatives are changing the way all industries operate today. The chart below shows the overall spending by US marketing executives on the next generation of internet marketing technologies. As far as early adoption goes, the travel industry is lagging other major industries in investing in and taking advantage of these Web 2.0 tools. Eventually, most of these technologies will find their way into the travel industry, given that travel is in the top 3 market segments on the internet.
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3X increase in average monthly room nights booked.