Articles Archive for 16 November 2009
External Source, Hotel, Industry Event, Internet Marketing, Trends »
Chinese travel companies including online intermediaries are seeing early signs of recovery in the economy. Although there might be some uncertainties in the near-term, from a long-term perspective, it is largely believed that the fundamentals are healthy for the growth of the Chinese economy.
PhoCusWright recently affirms such belief. The firm projects that online travel revenue will increase by 19% this year.
In its first-ever online travel China report, PhoCusWright underlined that China’s online travel space is estimated to be US$6.9 billion, accounting for about 11% of the country’s entire travel market. …
