In 2014, European companies will book 41 billion euro of travel through the online tools of large agencies, says a new forecast.
That represents a 29% spike in online gross bookings over four years, according to a white paper by PhoCusWright, produced in conjunction with Travelport.
Two-thirds of that managed travel business will go through the largest, pan-European travel management companies (TMCs)—Carlson Wagonlit Travel, American Express, Hogg Robinson Group (HRG), BCD, and Expedia’s Egencia.
Read full story at: http://www.tnooz.com/2013/07/10/news/online-managed-travel-is-booming-in-europe/
