Total revenues of China’s online travel market reached 738.41 billion yuan (US$107.99 bn) in 2017, up by 25.1% over 2016. The high growth has started to slow down since 2014 and is estimated to be 12.2% by the end of 2020. On the other hand, the penetration rate of online travel is 13.3%, increased by […]
China online travel market insights Q1 2018, led by Ctrip, Qunar, and Fliggy
The transactions of China’s online travel market reached US$32.94 billion in the first quarter of 2018. Ctrip and Qunar combined accounted over half of the whole market, followed by Alibaba affiliated Fliggy. Online transportation remains the major part of the online tourism market, compared with accommodation and vacations. The total transactions of China’s online travel market reached […]
Chinese tourism insights for Dragon Boat Festival and FIFA World Cup 2018
During this 3-day festival, China saw 89.1 million person-trips with a total tourism revenue of over US$5.5 billion, an increase of 7.3% YoY. As it coincides with the World Cup 2018, tourists from Guangdong, Hebei, Fujian, Beijing, Guizhou, and Shanghai spend the most during the World Cup. Dragon Boat Festival A total of 89.1 million person-trips […]
Private customized tourism becoming increasingly popular in China
Private customized travel has become increasingly popular with Chinese in 2017 and it is no more a privilege just for the rich. Ctrip had over one million customized orders and saw a 200% increase in revenues in 2017. There were 1658 users from different places chose the private customized travel with destinations covering 141 countries. […]
China online travel market overview for Q4 2017
In Q4 2017, China online travel market saw a 12.3% year-on-year growth in transactions to 219.99 billion yuan (US$34.29 billion). Ctrip and Qunar jointly dominated this market with a combined share of 53.3%. Alibaba’s affiliated Fliggy ranked third with a share of 14.1%. In terms of subdivision market, online transportation took the largest share of […]
China online accommodation market Q2 2017
China online accommodation market totaled 39.38 billion yuan (US$5.97 billion) with an increase of 27.1% YoY according to data from Analysis.
China online tourism market analysis
During 2016, the online tourism market in China maintained steady growth over the year prior, growing much more quickly than GDP growth while increasing its overall penetration into the tourism industry as a whole.
China’s air ticket online booking market in Q1 2017
China’s air ticket online booking market is upcoming and on the rise, with seen increases in market share and dominance of certain air divisions, coupled with increased direct sales channels to enhance the pace of growth.
China online travel market overview Q1 2017
China online travel market exceeded 210 billion yuan in Q1 2017 with an increase of 51.5% YoY, led by Ctrip, Qunar, and Alitrip.
China online accommodation market overview Q1 2017
The transactions of China online accommodation market totaled 37.202 billion yuan in Q1 2017 with an increase of 43.24% YoY according to data from Analysis.
5 Travel trends in China in 2017
Tourism has become an important consumption necessity in China as 98% respondents in a Ctrip survey expressed their intentions to travel in 2017.
Top travel apps in China in Sep 2016
Qunar was ranked the top generic travel booking app by coverage in September 2016 according to data from TalkingData, followed by Ctrip and LY.com apps.
China Online Travel Market Overview for Q1 2016
China online travel market reached 155.71 billion yuan in the first quarter of 2016, up 58.9% YoY or 14.7% QoQ, according the research company Analysis.
Ctrip Performance Overview in 2015
Ctrip achieved net revenues of RMB10.9 billion (US$1.7 billion) with a gross margin of 72% in 2015, up 48% year-on-year according to its official unaudited financial results.
Ctrip, Tuniu, CY Account for Half of China OTA Market in 2015
Transaction values of all Chinese travel agencies reached about 365.29 billion yuan (US$55.88 billion) and the online reached about 73.55 billion yuan (US$11.25 billion) in 2015 according to ctcnn.com.