According to Enfodesk, the two main online third-party travel agencies, Ctrip and eLong together accounted for approximately 61.6% of the market share in 2012, up from 55.4% in 2011.
Ctrip remained the leader in China’s online travel booking market in the second quarter with 41.8% market share by revenue according to Analysis International’s latest report.
iResearch’s Q1 data indicate the same amount of market share owned by Ctrip. eLong has shown strongest growth from 7.4% in Q1 to 13.2% in Q2.
go.qq.com, part of Tencent, is the most visited online travel website in May 2012 according to Hitwise data; it’s not surprising considering the mass online community Tencent owns.
Total online travel market revenue reached 440 billion yuan (USD 70bln) in the first quarter of 2012 in China, 78% of which went to air tickets booking and 13.8% to hotel booking.
The total estimated revenue of China OTAs in Q1 was about 23%, down 0.5% from the previous quarter but up 20.4% on YoY growth. Ctrip not only dominates OTA market with over 41% market share by revenue but also tour package booking market with 38% market share (by revenue), followed by Taobao Trip (9.7%).
ctrip.com maintains its dominant position in China’s Online Travel Agency (OTA) market with 41% share of total 2.41 billion yuan revenue (USD 379 million). [Read more...]
China’s online travel market in Q1 this year exceeded 2 billion in revenue (third-party online travel agents), up 4.7% compared to the previous quarter. In China, there are a lot more travel activities during the first quarter due to New Year and spring festival. [Read more...]
According to a latest China online travel booking report by iResearch, China’s total online travel booking revenue in 2009 has increased to $3.74 billion yuan (about US $548 million) from year 2008′s $2.94 billion yuan (US$431 million), up 27.2%.
The top online travel booking websites (by revenue) are:
- Ctrip: 55.6%
- eLong.com: 9.9%
- mangocity.com: 6.2%
- 118114.cn: 5.8%
- 12580.com: 3.2%
- etpass.com: 3.1%
- 17u.com: 2.7%
- aoyou.com: 1.5%
- Others: 12%
Ctrip.com & eLong.com
Both listed in NASDAQ, ctrip and eLong are probably not strange to you as the two biggest online travel service provider in China. [Read more...]