Oct 24, 2017
Unnamed Road, Tongcheng Shi, Anqing Shi, Anhui Sheng, China
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Unnamed Road, Tongcheng Shi, Anqing Shi, Anhui Sheng, China
Ctrip’s new tie-ups with Tongcheng and Tuniu looks like a better strategy than a merger with Qunar, and could consolidate its place as China’s leading online travel agent.
A new strategic tie-up between eLong and Tongcheng could foreshadow an eventual merger of the 2 online travel agents, creating a new challenger to industry leaders Ctrip and Qunar.
A new round of price wars is likely in the year ahead for online travel agents, fueled by aggressive expansion of a new group of players backed by China’s top Internet companies.