| Daily news, 09 Mar 2007 |
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SINGAPORE - India will be Asia's fastest growing market for online travel retail by 2010, according to global market analyst Euromonitor International. Other markets topping the table include Vietnam, Hong Kong, Indonesia and China, as online travel retail takes off in Asia.
The online travel retail market in India is expected to boom over the next five years, with Internet-based travel retail transactions increasing by an incredible 271 percent between 2005 and 2010.
Euromonitor International, who will be speaking about the growth of online travel retail in Asia Pacific at Travel Distribution Summit Asia 2007, predicts that sales generated in India will exceed US$2 billion in 2010 alone.
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