CNG signs deal to enter China

Tuesday, 21 Jan, 2005 0

CNG Travel Group has moved into the travel sector in China in a deal with a leading consolidator of hotels and airline tickets.

The travel technology and services provider has struck an exclusive three-year agreement with Ctrip.com International.

Ctrip will be CNG’s distributor in China, integrating CNG’s global stock of more than 25,000 hotels into its booking engine and offering the localised content to customers via its web site and call centres. CNG also becomes Ctrip’s preferred hotel supply partner for Europe and North America.

CNG chief executive Finbarr Power said: “This arrangement gives CNG an important foothold with a significant player in a growing market and allows Ctrip to provide richer hotel content, choice and value for travellers. ”

Ctrip chairman and chief executive James Liang added: “Offering our fast-growing customer base more hotel choices and competitive prices through CNG will increase our hotel reservation revenues. Domestic, outbound and inbound volumes make China one of the fastest-growing travel markets in the world.”

China has the potential to be one of the world’s great tourism economies whose ‘future prospects remain extraordinary’, according to the World Travel and Tourism Council.

The WTTC rates China as the fifth most important tourism destination, and expects it to become the fourth fastest-growing tourism economy. Over the next 10 years, WTTC forecasts China will achieve an annualised real growth rate of 10.4% in travel and tourism demand.

Report by Phil Davies 



 

profileimage

Phil Davies



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...