TRAVEL. In 1999, US consumers booked $6.5 billion of
leisure and unmanaged business travel online, almost triple the
$2.2 billion booked in 1998, representing 5 percent of total US
bookings in 1999. Online bookings are expected to increase
significantly to 14 percent of total bookings by 2005 ($28 billion),
with key segments including lodging, cruise, tour, and
rental car products.†