April 28, 2009: PhoCusWright said the value of online leisure and unmanaged business travel bookings would drop 3% this year to $93 billion. The company said it was the first time since PhoCusWright began tracking the marketplace in 1998 that online travel has fallen year over year.
See the full story at www.usatoday.com/travel/news/2009-04-28-online-travel-decline_N.htm