Analysys International Says China's Q4 Online Travel Market Reached RMB254 Million
Posted on: Wednesday, 8 March 2006, 09:00 CST
BEIJING, March 8 /Xinhua-PRNewswire/ -- Analysys International, a leading Internet based provider of business information about technology, new media and telecom (TMT) industries in China, says China's online travel services market reached RMB254 million in the fourth quarter of 2005, among which airline ticket booking serviced 77 million, hotel reservation serviced 165 million, and travel arrangement serviced 12 million.
According to the research report China Online Travel Services Market Quarterly Tracker Q4 2005, recently released by Analysys International, hotel reservations is the major business of online travel, accounting for 64.96% market share. Currently online travel service providers can get an average commission of RMB47.82 per ticket from airline reservation services, which is lower than the room reservation service commission of RMB59.78 per room per night (Figure: China Online Travel Market Size Q4 2005 http://english.analysys.com.cn/UserFiles/watered/1660.jpg ).
Analysys International says the total transaction amount of online travel in China reached RMB5 billion in 2004 and net income of the online travel channels was RMB680 million. Analysys International estimates China's total transaction amount of online travel will reach RMB 7 billion in 2005, up 40% compared with the year 2004.
As China's E-commerce environment gets mature, plus the travel industry is a pillar industry in China, online travel will further develop. Analysys International says China's online travel market will develop at an annual growth rate of 82.2% from 2005 to 2009 and the market size will reach RMB77.2 billion by 2009.
About Analysys International
Analysys International is the leading Internet based provider of business information about technology, new media and telecom (TMT) industries in China with the mission to help their clients make better business decisions. They provide data, information and advice to 50,000 clients worldwide, representing 1,500 distinct organizations; they also deliver over 150 consulting engagements a year, and hold more than 20 events that draw in over 8,000 attendees. Their clients include executives from companies like technology vendors, vertical information technology users, as well as professionals from professional service companies, the investment community and government agencies. For more information, please visit the web site at http://english.analysys.com.cn/ .
For more information, please contact: Jessica Wang Overseas Media Manager Analysys International Tel: +86-10-6466-6565 x394 Fax: +86-10-6466-7102/7103 Email: Overseas@analysys.com.cn
Analysys International
CONTACT: Jessica Wang, Overseas Media Manager of Analysys International,+86-10-6466-6565 x394, or fax, +86-10-6466-7102/7103, orOverseas@analysys.com.cn
Web Site: http://english.analysys.com.cn/http://english.analysys.com.cn/UserFiles/watered/1660.jpg
Source: PRNewswire
Related Articles
- China Toy Market Report, 2007-2008 Is On Sale Now
- The Report 'China Alcohol Market Report 2008' Provides Statistics of the Sales Scope of Such Alcohol and Provides Predictions on Their Market Size From 2007 to 2011
- New Age Media Systems Expands UK Facility to Develop Sales and Support of Marketing and Media Research Analysis Software
- Analysys International Says China's B2B Market Reached RMB 1.26 Billion in 2005
- Analysys International Says China Software Market Sales Reached RMB 32.4 Billion in 2005
- Analysys International Releases Five Forecasts About China's IT Market in 2006
- Analysys International Releases Five Forecasts About China's Internet and New Media Market in 2006
- Analysys International Says Growth Momentum Sustained for China's Server Market and HP Led the IA Server Market in Q3 2005
- China Is Seeing More and More Cases Of IT Outsourcing for Operations and Maintenance - Annual Analysis Report on Chinese IT Services Market (2005)
- New Global Telecom Walks Away With the 2005 Frost & Sullivan Customer Service Leadership Award for Success in the Wholesale-Hosted IP Telephony Service Market
 |
 |
User Comments (0)
RSS Feeds