TECH| E-hotel revenue reaches $31B

TravelCLICK's quarterly results indicate healthy growth for the hotel industry in the fourth quarter with GDS revenue growth of 17.7 percent and Internet growth of over 23.6 percent .

Based on a proprietary data from its eMonitor and eTrak reports, TravelCLICK estimates GDS related transactions at 56 percent of total 2007 electronic revenue with the Internet driving 44 percent, with over half of that coming from direct web bookings.

Key observations for the market based on this latest data include:Click here to read full story>