43. inventory
44. Bookings on European online travel agencies or the European divisions of U.S. agencies are projected to total $62.9 billion in 2007
45. Meanwhile, passenger traffic leaving and returning to the United States on U.S. carriers is on the rise
46. the privately held company sees enough potential in the international air travel market to concentrate on those bookings as well as hotels and car rentals
Section C
Surging growth in international travel is driving revenue increases at the foreign units of U.S. online travel agencies and has spurred heated competition for a bigger slice of the lucrative and expanding market.
Companies like Orbitz Worldwide Inc. and Priceline.com Inc. have ramped up efforts to attract customers to their sites overseas, and at least one U.S. travel site, Vayama, has devoted itself entirely to international bookings for travel to and from the United States.
Growth in bookings made outside the United States far outpaces the growth in U.S. domestic bookings. That is partly because more people are traveling and partly because travelers are increasingly comfortable trusting their reservations to websites, said Orbitz Chief Executive Steve Bamhart.
Its a competitive market place in the United States, and its going to be a very competitive marketplace globally , Bamhart said in an interview on Monday.
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