The data provided by iResearch shows that China online travel market in the first quarter of 2013 kept a relatively high rate of year-on-year growth. And the total transaction sie had reached 45.27 billion yuan (about USD 7.4 billion).
The total amount of China online travel revenue was up to 2.43 bilion yuan. The fast growing of revenue is mainly due to the rapid development of online travel transaction. In addition, the price promotion from hotels and airline tickets had also contributed to the fast growth.
Ctrip is still leading the race with a market share of 47%, followed by Elong and 17u.