The transactions of the online travel booking market in China include the total value of all successful bookings at online travel services via the internet or call centers for travel products, like plane tickets, hotel or travel bookings. Additionally, third party travel agents were included as well. In 2019, the transaction volume of the Chinese online travel booking market amounted to approximately 1.8 trillion yuan with an annual growth rate of 21.6 percent. The volume of transactions dropped in 2020, the first year of COVID-19 pandemic, to 987.5 billion yuan but was estimated to grow in 2021 and 2022.
Transaction volume of the online travel booking market in China from 2013 to 2020 with estimates until 2022 (in billion yuan)
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iResearch. (December 31, 2021). Transaction volume of the online travel booking market in China from 2013 to 2020 with estimates until 2022 (in billion yuan) [Graph]. In Statista. Retrieved July 02, 2022, from https://www.statista.com/statistics/278567/transaction-volume-of-the-chinese-online-travel-booking-market/
iResearch. "Transaction volume of the online travel booking market in China from 2013 to 2020 with estimates until 2022 (in billion yuan)." Chart. December 31, 2021. Statista. Accessed July 02, 2022. https://www.statista.com/statistics/278567/transaction-volume-of-the-chinese-online-travel-booking-market/
iResearch. (2021). Transaction volume of the online travel booking market in China from 2013 to 2020 with estimates until 2022 (in billion yuan). Statista. Statista Inc.. Accessed: July 02, 2022. https://www.statista.com/statistics/278567/transaction-volume-of-the-chinese-online-travel-booking-market/
iResearch. "Transaction Volume of The Online Travel Booking Market in China from 2013 to 2020 with Estimates until 2022 (in Billion Yuan)." Statista, Statista Inc., 31 Dec 2021, https://www.statista.com/statistics/278567/transaction-volume-of-the-chinese-online-travel-booking-market/
iResearch, Transaction volume of the online travel booking market in China from 2013 to 2020 with estimates until 2022 (in billion yuan) Statista, https://www.statista.com/statistics/278567/transaction-volume-of-the-chinese-online-travel-booking-market/ (last visited July 02, 2022)