Excerpt from The Drum
The global travel booking abandonment rate averages 90.74% for 2019 so far, with cruise and ferry websites experiencing the highest levels of abandonment, according to new research figures from SaleCycle.
The data covers January to October 2019, and looks at abandonment rates across five different travel types, and abandonment trends throughout the year to date.
People generally take time to research travel purchases, which is why travel abandonment rates are higher than the retail average of 84%. Within the different types of travel websites, there are variations. For example, Cruise and Ferry sites have high abandonment rates (97%) while the rate for Hotel sites is 84.63%. Variations in abandonment rates are often due to the type of travel product booked, the price, and the time and effort needed to book.
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