China’s online travel industry is estimated to grow in double digits year-on-year with online travel revenue hitting about $75 billion by 2017.
iResearch, a China-based research company has released the growth projection for the the online travel market up to 2017.
China’s online travel brands have been constantly making the news recently with their funding, growth numbers, acquisitions and mobile strategy.
According to iResearch, China’s online travel gross merchandise value is estimated to reach $46 billion in 2014, $55 billion in 2015, $65 billion in 2016 and $75 billion in 2017.
READ THE ORIGINAL ARTICLE: Enter the dragon: China online travel soars, $75 billion market by 2017.