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).
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.
Ctrip yesterday announced the launch of the lowest hotel online booking rates commitment. From March 10 onwards, Ctrip guarantees the lowest online domestic hotel booking rate. If consumers find any other cheaper offer, Ctrip will pay three times the difference in cash. Online travel booking in 2009 has reached 30.24 million users, an increase of […]
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: […]