Tuesday, July 01, 2008
New York Times: Interview with Ctrip CFO Jane Jie Sun
Just spotted over at the New Times website - an interview with Ctrip CFO Jane Jie Sun. Another indication of Ctrip's strong desire to expand their customer base outside of China. Claims 50% of the online market and tha tthe online market is 1-2% of the overall travel market. In addition they have another 2-3 % of the overall travel market through call centres. Claim total Chinese travel market is $150billion (Chinese domestic plus foreign inbound). That would put the online travel market at $1.5-3 billion confirming other numbers we have seen.