Global and China Online Tourism
Industry 2012-2015
Published by : Sino Market Insight
Published : Oct-2012
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In accordance with Global and China Online Tourism Industry Report, 2012-2015 released by Sino Market Insight, the market size of China’s online tourism industry is predicted to hit
RMB 317.9 billion in 2015.
Chinese online tourism market size reached RMB 131.37 billion in 2011, and the figure is expected to be up to RMB 317.9 billion in 2015 with a CAGR of 24.72%, higher than the world’s 10.64%.
As for the market segments of the online tourism
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Major Online Tourism Companies in China
7.1 Ctrip.com International, Ltd
7.1.1 Profile
7.1.2 Financial Data
7.1.3 Revenue Structure
7.1.4 Prospects and Performance Prediction in 2012-2014
7.2 elong.com
7.2.1 Profile
7.2.2 Financial Data
7.2.3 Revenue Structure
7.2.4 Prospects and Performance Prediction in 2012-2014
List Of Figures
Operators and Key Enterprises of China Online Tourism Industry
Diagram of China Online Tourism Industry
Global Online Tourism Market Size, 2009-2015E
Online Tourism Market Size in the U.S., 2009-2015E
Penetration Rate of Online Tourism in the U.S., 2008-2012
Online Tourism Market Size in Europe, 2009-2015E
Penetration Rate of Online Tourism in Europe, 2008-2012
Penetration Rate of Online Tourism in Asia, 2008-2012
Penetration Rate of Online Tourism in Latin America, 2008-2012
Development Progress of China Online Tourism Industry
Monthly Number of Users Covered by Online Tourism in China, Jan. 2011-Jun. 2012
Total Revenue of Tourism
Tourism plays a vital role in economic development in most countries around the world. The industry has not only direct economic impact, but also significant indirect and influential impacts. There is agreement among experts that the travel and tourism sector is the fastest growing of global economy. According to the latest UNWTO World Tourism Barometer, international tourism receipts surpass US$ 1 trillion in 2011, growing about 3.8%up from 2010 (WTO, 2012).
Being the first who enter the Chinese online search market, it has gained majority of the market share in China. Many people are used to the platform and competitors find it too costly to imitate and roll out equivalent products and services to serve customers’ needs.
billion to an estimated $13.3 billion by 2023 with a Compound Annual Growth Rate of 10.50
China is a dominating country with a long, graphic history; an economy worthy of getting into business with; and stories that are unlike any other. The relationship between general economic development and tourism is a tale as old as time, whether it’s businesses agreeing to tourism in their city or in literature where the results proved to be true. Tourism is often seen by governments as a tool for economic development, in particular areas such as employment, entrepreneurial opportunities, development in rural regions, generate tax revenues, and so much more. In 2012, a study by Zeng et al discovered that domestic and international tourism in China is becoming a booming industry. In reality, tourism in China has actually been declining slightly since 2007. This is because of the Chinese Yuan, (whose full title is Yuan Renminbi, abbreviated as RMB) and the fluctuations of the exchange rate causing the price of traveling to China to increase as well as decrease in personal interest. The recent recessions in America and Europe has led to Americans and Europeans being less willing to travel to China and contribute to the Chinese market. In recent years, air pollution and food safety problems have arisen, causing some foreign visitors to worry about travel conditions and even cancel their
1 The tourism school, Zhejiang Gongshang University, Hangzhou, China; 2School of Business Administration, Zhejiang Gongshang University, Hangzhou, China. Email: chenjue8@yahoo.com
Growth in China and other emerging markets expected increase sales by 7.8% in 2015, reaching $350 billion
forecasted to grow at an annualized rate of 3.6% over the five years through 2015-16 (with a
China’s outbound tourism is on a strong footing. Over 100 million Chinese people made a trip abroad last year. Data by the World Tourism Organisation (UNWTO) Chinese tourists increased their spending by 27% to reach $165 million in 2014.
With a population of over 1.35 billion, China is the most populated country in the world. So, it is not difficult to imagine how many tourists desire to see the intriguing and fascinating country. There
One bright spot of China web game market is the high grow rate. Sales revenue of domestic web game market is 12.77 billion yuan in 2013, increased by 57.46% over 2012. Sales revenue is expected to reach 23.68 billion yuan in 2017, almost twice as much as that in 2013. Web games have become one of the driving forces of the development of Chinese whole online game industry, the market size will maintain a rapid growth trend.
As a leader of the tourism department in Beijing,,I’d like to tell you what Beijing is like .There are four questions that I want to explain.
A rise of 14.5% and the compound annual growth rate foreseen to be 2.7% since 2014
The data was collected by Partner Net to create a statistical overview to analyze the growth of visitors in Hong Kong. Data were collected and grouped by the Partner Net (Table 1); as per the provided data and studies the percentage of mainland China visitors and tourists is 74% for 2015 and 78% for 2014 of the complete visitors in Hong Kong for the year of 2014 and 2015. Mainland China is the largest visitor market for Hong Kong. According to a record of the Tourism Commission, 28.2 million (59.6%) were same-day visitors. There were 31.3 million (66.3%) Mainland China visitors came Hong Kong under the Individual Visit Scheme which is increase of 14.1% higher than 2013 visitors and tourism (Tourism Commission