Chicago-based Travelclick recently posted third quarter results for electronic bookings. The term "electronic bookings" includes bookings made via the GDS and via Pegasus, whether by a traditional travel agent or via the Internet, which primarily includes OTA bookings. It excludes consumer direct bookings made via hoteliers' own internal systems and excludes merchant model bookings, which are generally made via the OTAs' own inventory system against a block of rooms versus live inventory access via a GDS or Pegasus.
The year-to-date results show that bookings via the consumer Internet channel are declining year over year at a rate much greater than their travel agent counterparts. This is not surprising in light of the traffic trends for supplier sites versus OTA sites (as reported by Compete).