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* * * * This understates expedia – excludes venere and also the SNCF JV * * * * Page * Thomas Cook Group OTA Strategie Thuiswinkel Update Presentation Ambities van een reisgigant, Utrecht 28 september 2010 Page * Page * 79 Europese online travel markt - bruto omzet in €b1 Note: 1 Wholesale market excluded to avoid double counting of totals 2 Tour Operators excluded from OTA market, but are not estimated to comprise a large part 3 Direct suppliers include Rail, Car, Air Hotels etc. Source: PhoCusWright European Online Travel market 5th Edition 9% 68 73 68 60 48 OTA2 Direct3 TO 9% 14% Eur