By 2016, total travel spend will approach $100 billion. Online travel is taking off, growing at 15% on average with certain markets growing even faster. Low online penetration means big gains for tech-savvy intermediaries but also technology providers that can offer value to supplier networks growing weary of established and outdated distribution channels. Complexity also brings opportunity to online and travel tech companies, as local suppliers expand throughout the region and look for new partners. To give our travel colleagues a bit of a head start, here are five high-level findings explored in much greater detail in Phocuswright’s latest report, the Latin America Online Travel Overview Second Edition. Get the full story at Tnooz