Online sector has taken a bigger slice in Chinese business travel management market. In 2020, over 77 percent of business travel bookings in China were accomplished through online travel agencies and portals. In 2021, online travel agencies' market share dropped to 73 percent, whereas the share of travel management companies grew to almost 41 percent.
Share of business travel market in China in 2020 and 2021, by operator type
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TouTiao. (May 25, 2022). Share of business travel market in China in 2020 and 2021, by operator type [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/784194/china-business-travel-market-distribution-by-booking-channel-used-by-smes/
TouTiao. "Share of business travel market in China in 2020 and 2021, by operator type." Chart. May 25, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/784194/china-business-travel-market-distribution-by-booking-channel-used-by-smes/
TouTiao. (2022). Share of business travel market in China in 2020 and 2021, by operator type. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/784194/china-business-travel-market-distribution-by-booking-channel-used-by-smes/
TouTiao. "Share of Business Travel Market in China in 2020 and 2021, by Operator Type." Statista, Statista Inc., 25 May 2022, https://www.statista.com/statistics/784194/china-business-travel-market-distribution-by-booking-channel-used-by-smes/
TouTiao, Share of business travel market in China in 2020 and 2021, by operator type Statista, https://www.statista.com/statistics/784194/china-business-travel-market-distribution-by-booking-channel-used-by-smes/ (last visited November 21, 2024)
Share of business travel market in China in 2020 and 2021, by operator type [Graph], TouTiao, May 25, 2022. [Online]. Available: https://www.statista.com/statistics/784194/china-business-travel-market-distribution-by-booking-channel-used-by-smes/