Ctrip Acquired eLong for US$400 Mln
Ctrip announced its investment in eLong last Friday through acquiring eLong shares from certain selling shareholders, including Expedia together with several other investors. Ctrip acquired
China Internet Stats, Trends, Insights
Tourism
Find out statistics, trends, and insights of China tourism and Chinese travelers.
China Online Travel Market Exceeded US$15 Bln in Q1 2015
The total transactions of China online travel market reached 94.76 billion yuan (USD 15.28 billion) in Q1 2015, an increase of 51.3% YoY or 9.4%
Chinese Spending Accounted for 40% of Total Foreigners’ in Japan in Q1 2015
The total spending of foreigners visiting Japan in Q1 2015 reached 706.6 billion yen, an increase of 64.4% YoY according to Japan’s “Chinese Herald”. Chinese
China Outbound Travelers Spent Close to $500B Overseas in 2014
According to China Confidential, a research institute of Financial Times, the total expenditure of China outbound travelers reached RMB140 billion (US$498 billion) in 2014. In
China Online Air-ticket Market Exceeded RMB190 Bln in 2014
China online travel was a RMB307.79 billion (US$50.33 billion) market with an increase of 38.9% in 2014 according to iResearch. Online ticket market, online hotel
China, the Largest Outbound Tourism Market in 3 Consecutive years
Since 2012, China had been the largest outbound tourism market in the world. In 2014, the total number of outbound travelers increased from 98 million
China Rural Travel Exceeded 1.2 Bln Person-trips in 2014
According to news on press conference on 3 February 2015, the number of China travelers to countryside in 2014 was over 1.2 billion person-trips. China
China to Overtake U.S. As the Biggest Business Travel Market in 2017
“In 2014, total direct investment in China travel industry exceeded RMB705.3 billion (US$114.94 billion), which settled 88.5 million people’s employment, representing 11% of total employment
China to Be the Largest Business Travel Market Worldwide in 2016
GBTA expects China to continue to grow its domestic business travel market much more rapidly than the other countries in the world with estimated spending
Ctrip Mobile App Downloads Reached Nearly 600M in 2014
Ctrip net revenues were RMB1.9 billion (US$308 million) for Q4 2014, up 33% YoY. Net revenues in 2014 were RMB7.3 billion (US$1.2 billion) in 2014,
Mobile Represented Almost Half of Qunar’s Revenue in Q4 2014
Qunar total revenues for the fourth quarter of 2014 were RMB519.8 million (US$83.8 million), an increase of 107.1% year-on-year. Mobile revenues were RMB257.5 million (US$41.5
China Inbound Travelers in 2014
According to data from China Tourism Academy, total revenue generated from China inbound tourism market reached $51.646 billion with an increase of 3.27% year on
Chinese New Year Traveler Insights 2015
Traveling is popular among Chinese people nowadays. Especially, during Chinese New Year in 2015, Chinese travelers showed their strong consumption ability. It was estimated that
Chinese Globe Shoppers: Almost 1/3 of All Tax Free Shopping Spend
Shoppers from China spent 18% more on Tax Free Shopping in 2014 compared to 2013 according to Global Blue.
Travel Industry Performance on Weibo 2014
Estimated by China Tourism Academy, China would accept 3.76 billion person trips in 2014 with total revenue of RMB3.3 trillion (US$0.53 trillion). With the overwhelming development
CIW eBooks
eBook: Win Chinese Market with Content
[tabby title=”Overview”] This eBook shares three trends of digital content consumption in China, China’s digital content ecosystem, and how content help businesses in branding and
eBook: Small Town Youth, New Growth Engine in China
[tabby title=”Overview”] The average monthly disposable income of new small-town youths from China’s lower-tier cities is 3,730 yuan, compared with 5,401 yuan of young people
eBook: China E-Commerce Factories
[tabby title=”Overview”] E-commerce factory is the collaboration of the manufacturing industry and the internet. Under the circumstances of retail sector being depressed while the traffic