The total transactions of China’s online travel market exceeded RMB 143 billion (USD 21.4 billion) in Q2 2016, an increase of 31.3% YoY or 8.9% QoQ according to iResearch data.
The total revenues of China’s online travel agency market reached RMB 7.04 billion (USD 1.05 billion) in Q2 2016, an increase of 46.1% YoY.
Online booking of air tickets accounts for 57.2% of total online travel market revenues in China.
