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Growth in online bookings to continue

Friday, 7 October 20053 min read

According to research firm Merrill Lynch,e-commerce and online travel bookings are expected to show strong growth in the third quarter, according to Forbes.

With estimates of 21% U.S. online e-commerce growth and 19% U.S. online travel bookings growth in the calendar third quarter, Merril Lynch believe this will exceed the expected domestic travel growth of just 6% to 8%, according to Forbes.