Posts Tagged ‘outbound travel’:
29 Dec 09
A new market opportunity in China
It seems that nowadays everybody is talking about the opportunity of online travel in China, and perhaps with good reason as according to a recent research by Phocuswright, “online [travel] distribution growth continues at an impressive rate of 19% in 2009, in spite of the overall downturn in travel”.
However, the solemn fact remains that few foreign travel outfits have actually been successful in China, especially online. Just ask Expedia about how its China acquisition eLong is doing… Continue reading