China's online accommodation booking market grew by 18.5% to US$7.01 bn in Q4 2018. The top 3 players combined accounted for 73.2% of the total. Ctrip placed first with a share of 46.4%. Meituan Dianping (14.3%) overtook Qunar (12.5%) to be the first runner-up.
The online accommodation booking market totaled 47.11 billion yuan (US$7.01bn) in Q4 2018, an increase of 18.5% year-on-year or a decline of 13.7% quarter-on-quarter.
The fourth quarter generally marks the end of peak travel...
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