31 July 07
China's
Online Travel market continues to rise
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China's online travel market was worth
£100 million in 2006, up 82% from 2005, according to a report by
Shanghai-based iResearch.
Online travel services catered for
approximately 2.75 million hotel, airline and other travel service
bookings last year, up 72% from the year before.
Analysts at iResearch said the number
of online travel customers would more than double to 5.7 million in
2008, and hit about nine million by 2010.
Due to online marketing, a boom in the
tourism industry and increased disposable income, China's online travel
sector was expected to be worth £424 million by 2010, the report said.
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