Mergers continue in China’s tourism industry as Ctrip and Qunar enter strategic partnership

Posted by Daniel Meesak
On 29th October 2015
alipay, china, ctrip, market, merger, qunar, tourism

China’s leading travel websites, Ctrip.com and Qunar announced on Monday that they will enter a strategic partnership, thus together forming China’s biggest online travel agent (OTA). In more technical terms, they will conduct a share swap that results in Ctrip owning a 45% stake in Qunar, and Qunar parent Baidu will own a 25% stake […]

Chinese cruise market seeing rapid growth

Posted by Daniel Meesak
On 19th October 2015
carnival, chinese, cotri, cruise, cruises, market, outbound, tourism

The world’s largest cruise operator, Miami-based Carnival Corp., is betting big on the growing Chinese cruise market by rapidly expanding its presence in the market – doubling its number of brands in the Chinese market. Until now, only two brands have been active in China; Carnival’s Costa division since 2006, and Carnival’s Princess Cruises cruise […]

COTRI Market Report featured on Skift

Posted by Daniel Meesak
On 11th September 2015
chinese, cotri, market, report, skift, tourism

Skift, the largest industry intelligence and marketing platform in travel, has published some materials from the latest issue of COTRI Market Report. Some of the material included is where Chinese tourists are mainly traveling, why they travel, what they spend money on when traveling, in what shops they prefer to buy products, and how they […]