China Online Tourism Industry and Listed Tourism Companies, 2007-2008

China Online Tourism Industry and Listed Tourism Companies, 2007-2008

By the end of the first quarter of 2008, China has surpassed the United States of America in terms of the number of netizens, and has become the largest in the world.

Meanwhile, China's tourism industry has developed rapidly. According to the plan for China tourism industry, China is expected to achieve US$53 billion in revenue from international tourism and CNY850 billion in revenue from domestic tourism respectively in 2010 to make its total revenue reach CNY1.27 trillion by then. China is also forecast to have ten million people employed in the tourism industry by the end of the decade. In the light of the statistics from the
China National Tourism Administration, the total revenue of China tourism industry in 2007 reached CNY1.09 trillion, breaking CNY1 mark for the first time.

China online travel booking market has developed rapidly. According to the statistics by a comprehensive survey, the number of netizens taking internet as the main channel to get tourism information accounted for 66.7% of China's total, that of netizens who have made a hotel reservation by internet amounted to 70.2% of China's total, that of netizens who have booked air tickets by internet accounted for 70.7% of China's total and that of netizens who have booked holiday products by internet amounted to 20.3% of China's total. With the diversification of online business related to travel, online travel booking service providers have rolled out integrated tourism products, which are becoming more and more popular among netizens. It is expected that more netizens will use online travel booking services. The year of 2007 witnessed a healthy growth in online travel booking market in China, and the market size amounted to CNY2.55 billion, up 65.4% year-on-year. Stimulated by 2008 Beijing Olympics as well as the development of business travel and private travel market, it is forecasted that the online travel market size will reach CNY4.38 billion in 2008, rising 70.9% against a year earlier.

Online travel service providers are playing an increasingly important role in people's travel life, and their revenue proportion to the total of China tourism industry is also gradually increasing. It is forecasted that the revenue of China's online travel service providers will reach CNY5.47 billion in 2010.

Online travel service providers are mainly divided into two categories. One is travel booking websites, providing booking air tickets & hotels and tourist routes as well as service platform. The other is travel information websites, mainly offering travel information and exchange platform. Generally, the revenue of travel booking websites is much larger than travel information websites.

The travel websites can upgrade the value of traveling and e-commerce and make operations management, tourist service, research and innovation under the background of network create new approach and work flows. Information and services provided by travel websites have become the necessary selection and reference for many travelers before their journey. However, travelers can not rely on websites totally to plan their travel activities and consumption, as these websites are still not prefect in various aspects. The total value of the U.S. online travel market amounted to US$91 billion in 2007, from which we can see the shortage of China's online tourism industry and meanwhile, we can also see it the bright future is foreseeable.

1 Overview of Summary of China's E-commerce Development
1.1 Development Environment
1.2 Status Quo
1.3 Development Trend

2. E-commerce Development of China Tourism Industry
2.1 Market Overview and Informatization
2.2 Overview of E-commerce Development of China's Tourism Industry

3 Main Websites & Key Listed Companies
3.1 Ctrip
3.1.1 Overview
3.1.2 Profitability Mode
3.2 17u.net
3.2.1 Overview
3.2.2 Profitability Mode
3.3 Mangocity
3.3.1 Overview
3.3.2 Profitability Mode
3.4 Elong
3.4.1 Overview
3.4.2 Profitability Mode
3.5 China CYTS Tours Holding Co., Ltd
3.5.1 Overview
3.5.2 Profitability Mode
3.6 Emei Shan Tourism Co., Ltd
3.6.1 Overview
3.6.2 Profitability Mode
3.7 Huangshan Tourism Development Co., Ltd
3.7.1 Overview
3.7.2 Profitability Mode
3.8 Guilin Tourism Co., Ltd
3.8.1 Overview
3.8.2 Profitability Mode
3.9 Fridayol.com
3.9.1 Overview
3.9.2 Profitability Mode
3.10 cnto.com
3.10.1 Overview
3.10.2 Profitability Mode
3.11 Golden Holiday
3.11.1 Overview
3.11.2 Profitability Mode
3.12 Easytour
3.12.1 Overview
3.12.2 Profitability Mode

4 Conclusions and Viewpoints


Number of Web Surfers in China, Dec 2004-Dec 2007
Web Surfer Scale by Access Method (Multiple Choice)
Growth of Number of China's Websites
Shopping Sum of Web Surfers
Online Shopping Ratios of Web Surfers by Education Background
Forecast of Scale of B2B E-commerce Market in China
Number of Cases Investing Travel Reservation Market, 2000-2007
Client Structure of Ctrip
Regional Distribution of Clients of Ctrip
Operating Revenue and Structure of Ctrip, 2007
Revenue of Ctrip by Product, 2004-2007
Revenue Structure of Elong by Product, 2003-2007
Revenue of China CYTS Tours Holding Co., Ltd, 2007
Net Profit of China CYTS Tours Holding Co., Ltd by Business, 2007
Financial and Evaluation Statistics of China CYTS Tours Holding Co., Ltd
Travel Agency of China CYTS Tours Holding Co., Ltd
Revenue Structure of Travel Agency of China CYTS Tours Holding Co., Ltd
Operating Revenue and Net Profit of Emei Shan Tourism Co., Ltd, 2007
Investment Returning of Emei Shan Tourism Co., Ltd, 2007
Main Financial Indices and Y-o-Y Change of Emei Shan Tourism Co., Ltd by Industry, 2007
Number of Travelers Received by Emei Shan Tourism Co., Ltd, 2007
Main Financial Statistics and Forecast of Huangshan Tourism Development Co., Ltd
Change of Gross Profit Margin of Huangshan Tourism Development Co., Ltd by Main Business, 2005-2007
Ticket and Ropeway of Huangshan Tourism Development Co., Ltd, 2004-2007
Main Financial Statistics and Forecast of Guilin Tourism Co., Ltd
Number of Travelers Received by Guilin Tourism Co., Ltd, 2006-2007
E-commerce Profitability Mode of China's Tourism Industry