4Hoteliers
SEARCH
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
Chinese online booking explosion hits RMB 18B.
Friday, 11th July 2008
Source : Travel Distribution & Sales China 2008
Technological advancement and changes in consumer behavior have meant that the Chinese travel industry has taken huge economic strides recently.

OTA's, hotels and airlines have all benefited from an increase in online bookings from RMB 442 million in 2002, to RMB 18.2 billion in 2007.

Inbound, internet savvy visitors to China have provided the perfect reason for China based travel businesses to implement new technologies – and so they are.

IHG have recently introduced a facility whereby Chinese guests who do not carry foreign bank cards have access to real time hotel confirmations and online payments. Whilst Wyndham now allow users to complete the booking process in their own native language, making it more comfortable in a country where credit card fraud has been problematic.

Both of these are excellent technological advancements that help to facilitate change in consumer buyer behavior across China.

The airline sector is experiencing a boom period as well, fuelled by the strengthening economy and the mobilized Chinese middle class. The airline sector now accounts for 28% of the total travel market - up from 21% in 2002 - and is China's fastest growing travel segment.

 
The outlook for the Chinese travel industry will be discussed in depth at this year's Travel Distribution and Sales conference, which will play host to a collection of industry experts this September in Beijing.

Described as a key event for the serious Chinese travel players, the 2008 event sees leading local and international brands combining to mix local knowledge with global experience.

Discussion focuses on the increasing Chinese opportunity, and how new travel distribution and sales trends and technologies are impacting all travel businesses. The mixture of senior leaders from major local brands, shows that this event is gaining importance as the Chinese brand continues to strengthen.

For more information about the conference, including a speaker list and how to register for the early bird discounted prices, visit www.eyefortravel.com/tdchina
 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2024 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy