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IT&CM 2007 unveils top tourism companies in China

REPORT – IT&CM 2007 – SHANGHAI: Following a six-month long research period from September 2006 to March 2007, TTG and Euromonitor International revealed the results of the inaugural China Top 10 ranking. This…

REPORT – IT&CM 2007 – SHANGHAI: Following a six-month long research period from September 2006 to March 2007, TTG and Euromonitor International revealed the results of the inaugural China Top 10 ranking. This first-ever China-wide research aims to rank the country’s top performing travel and tourism organisations in a bid to identify major players in the Chinese travel and tourism market.

The China Top 10 study covered five categories: Hotel Chains, Airlines, Travel Retail Companies, Tourist Attractions and Tourist Destinations.

Companies ranked among the top 10 revealed at Incentive Travel & Conventions Meetings China 2007 (IT&CM China) on 23 April during the opening ceremony and welcome reception at Le Meridien She Shan Shanghai.

TTG Asia Media managing director, Mr Darren Ng, said: “The rankings will help current and potential investors gain a clearer picture of China’s dynamic and fast-growing travel and tourism industry, and to identify the major industry players of the industry.”

Euromonitor International, the official market information provider in this study, used a comprehensive multiple-source approach. Over 50 sources, which included a wide range of official data, local trade press information and interviews with players from all areas of the industry, were utilised to track the revenue of major players in key sectors.

Euromonitor International (Shanghai) Co Ltd Director, Daniel Melone, said: “We hope to continue building our relationship with key tourism industry players in China and strengthen our research even further over the next few years. We believe that Euromonitor International’s market intelligence studies and databases are instrumental in contributing to the great success and growth of China’s tourism industry.”

Delegates at IT&CM China attended a seminar on the findings from the China Top 10 study. Euromonitor International senior consultant, Ms Liyun Zhang, presented a session on China Top Ten: What Makes a Top Ten Player, on 24 April at the Grand Ballroom, Level 3, Sheraton Grand Shanghai Tai Ping Yang.

China Top 10 Hotel Chains


Rank

Organisation

Total Sales 2006
USD Million

No. of Properties

1

Jinjiang International Holdings

517.1

263

2

InterContinental Hotels Group

420.3

49

3

Accor Group

259.5

44

4

Starwood Hotels & Resorts Worldwide Inc

221.2

30

5

Marriot International Inc

219.3

27

6

Jinling Hotels & Resorts

206.4

43

7

Shangri-La Hotels and Resorts Inc

184.5

21

8

Orient Hotel Management Co Ltd

179.1

27

9

Conifer Hotels & Resorts Group

135.2

21

10

Gloria International Hotels Group

118.8

19

China Top 10 Airlines


Rank

Organisation

Total Sales 2006
USD Million

Fleet Size

1

Air China Ltd

5380.5

91

2

China Southern Airlines Co Ltd

4916.7

264

3

China Eastern Airlines Corp Limited

3372.9

167

4

Shanghai Airlines Co Ltd

1039.0

43

5

China Southwest Airlines Co Ltd

994.2

36

6

China Northwest Airlines Co Ltd

775.5

23

7

China Hainan Airlines Co Ltd

593.0

12

8

China Northern Airlines Co Ltd

454.9

17

9

China Yunnan Airlines Co Ltd

308.8

24

10

Xiamen Airlines Co Ltd

264.4

21

China Top 10 Travel Retail Companies


Rank

Organisation

Total Sales 2006
USD Million

No. of Outlets

1

Shanghai Spring International Travel Service Ltd

1267.7

32

2

China Travel Service Head Office

1243.5

43

3

China Comfort Travel Group Co Ltd

1210.9

73

4

China International Travel Service

1185.8

136

5

Shanghai Dazhong International Travel Service Co Ltd

1048.1

79

6

Shanghai Airlines Tours Group Co Ltd

1035.7

62

7

Shanghai Daily Travel Service Co Ltd

997.9

63

8

Shanghai Railway Travel Service Co Ltd

940.0

46

9

Shanghai Xinhua Travel Service Co Ltd

653.6

33

10

China CYTS Tour Holding Co Ltd

560.9

31

China Top 10 Tourist Attractions


Rank

Organisation

No. of visitors 2006 `000 people

1

Great Wall – Badaling Tourism Development Co Ltd

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