Transaction value of online accommodation booking market in China Q2 2019-Q2 2020

Published by Agne Blazyte, May 11, 2023
In the second quarter of 2020, the gross merchandise volume of online accommodation booking in China amounted to 16.39 billion yuan, plummeting from 52.54 billion yuan in the same period of the previous year. The outbreak of the COVID-19 pandemic in 2020 had a considerable impact on the tourism industry in China.

Gross merchandise value (GMV) of online accommodation booking market in China from 2nd quarter 2019 to 2nd quarter 2020 (in billion yuan)

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Release date

September 2020

Region

China

Survey time period

Q2 2019 to Q2 2020

Supplementary notes

Figures have been rounded.

One yuan equals approximately 0.15 U.S. dollars and 0.12 euros (as of September 2020).

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