Online travel market in China is booming as internet and credit card usage soars

Netscribes (India) Pvt. Ltd., launches Online Travel Market in China 2010 report covering one of the emerging sectors in China. The report is part of Netscribes’ Travel and Tourism Industry series.

Mumbai, India – September 27, 2010 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its report Online Travel Market in China 2010. The online travel market has been growing strongly. Growth in this sector is being propelled by increasing internet penetration and growing discretionary spending of consumers.

The online travel segment is growing faster than the offline segment. The online travel market has been growing at a CAGR 24%. Growth in this sector is being propelled by increasing internet penetration and growing discretionary spending of consumers.

The report begins with a market overview section which discusses the market size and growth. It analyzes the online travel market value chain as well as the business models adopted by players. An analysis of the drivers influencing the industry growth includes increasing internet penetration, growing discretionary spending of consumers, rising credit card holders and changing consumer lifestyle and growth in tourism. The key challenges identified are regulatory framework and reduction of agent fees by airlines.

The report discusses the current market trends as players widen their service offerings, players coordinating with online communities, growing PE investments, joint ventures and acquisitions and change in revenue structure of the online travel companies.

The competition section provides an overview of the competitive landscape of the market with the market share of players. A service portfolio matrix has also been provided. It also includes brief profiles of the major players which incorporates their financials and business highlights.

Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base.

Gagan Uppal
Netscribes (India) Private Limited,
Podar Center, 85 Parel Post Office Lane,
Off Dr. Ambedkar Road, Parel (East)
Mumbai 400 012, Maharashtra
India.
Phone +91-96191-00122
E-mail gagan.uppal@netscribes.com

This release was published on openPR.