06-14-2002, 04:13 PM
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| Senior Member
Join Date: Sep 2001 Location: IAH/HOU
Posts: 2,354
| Travel Agencies Seek Government Help
Travel Agencies Seek Government Help Quote: |
WASHINGTON (Reuters) - U.S. travel agencies, squeezed by airline commission cuts and the proliferation of online ticketing, see turbulence ahead and have asked the government for help.
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While travel agents sold $63 billion in airline fares in 2001, Web-based services accounted for $24 billion in sales and their market share is growing because of discounts and convenience. The online travel market is expected to grow to more than $60 billion in 2006, experts said.
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While travel agents, especially the bigger ones, say they can probably weather some big changes in their industry, they uniquely fear online sales through airline-owned Orbitz Inc.
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