E-tourism in turmoil (01net.com)

The attacks on America on September 11th have heavily hit the development of e-tourism. In "L'e-tourisme au coeur de la tourmente", the online magazine 01net.com reviews the situation. Over the $18 billion (19.7 billion euros) represented by the industry, 14.5 billion come from the United-States. The main American actors, Expedia, Priceline and Travelocity have seen their stock exchange prices fallen by more than 30% after the attacks. Big American airline companies have already revised their strategy of sell on Internet and cancelled the promotional offers reserved to online buyers until now.

With more particular concerns for the GDS (Global Distribution Systems), the electronic booking companies which coordinate the whole booking on the international scale”. Moreover Amadeus, the European company, announces a general decrease by 28% of the number of bookings while Sabre, the American has fallen by 60%.