Economic downturn to create new winners and losers in travel
Economic downturn to create new winners and losers in travel March 14, 2009 Internet bookings will surge. Demand for online virtual meetings will gather pace. Domestic travel will stay stable or grow, as will demand for low-cost flights. Internet bookings will surge. Demand for online virtual meetings will gather pace. Domestic travel will stay stable or grow, as will demand for low-cost flights. Destinations adjacent to big travel markets will do not so bad. Long-haul travel will fall sharply. And the most pain will be felt in the business travel and MICE sectors. Those were the predictions ...