The global online travel market shows a “three-way dominance” structure, with Ctrip (China), Booking (Europe), and Expedia (USA) leading in their respective regions of China, Europe, and the US.
In 2020, these companies reported the following revenues:
- Ctrip (China): ¥13.35 billion (approx. $2 billion)
- Booking (Europe): ¥34.43 billion (approx. $5.2 billion)
- Expedia (USA): ¥18.35 billion (approx. $2.8 billion)
A detailed analysis of the ecological layout of each major platform in the travel industry, considering the dimension of time, is provided.
Ctrip’s Ecological Layout in the Travel Industry (Investments & Acquisitions)
- Beijing Hyundai Yuntong Reservation Center—1999—China—Hotel Booking
- Coast Airlines—2002—China—Airline Ticket Booking
- Eztravel—2009—China—Short Trips
- Home Inns & Hotels—2009—China—Hotel
- Eternal Asia Tourism—2010—China—OTA
- Hanting Hotels—2010—China—Hotel
- BTG Jianguo Hotel—2010—China—Hotel
- China Ancient Town Network—2010—China—Village Tourism
- Huazhu Hotels Group—2010—China—Hotel
- Taimete Travel—2012—China—Travel Agency
- Tujia—2012—China—Homestay Booking
- 7 Days Inn—2013—China—Hotel
- Tours4Fun—2013—USA—Travel Agency
- eHi Car Rental—2013—China—Car Rental Service
- Yidao Car Service—2013—China—Ride-Hailing Service
- Qunar Travel—2014—China—OTA
- Tongcheng Travel—2014—China—OTA
- Zhixing Train Ticket—2015—China—OTA-Ticketing
- eLong—2015—China—OTA
- Balloon Travel—2015—China—Travel Community
- MakeMyTrip—2016—India—OTA
- Bestone—2016—China—Local Services
- China Eastern Airlines—2016—China—Air Transport
- Seagull Holidays—2016—USA—Travel Agency
- Globus Group—2016—USA—Travel Agency
- Jiuxi Inns—2016—China—Inn
- Skyscanner—2016—UK—Flight Search Engine
- SkySea Cruises—2016—China—Cruise Line
- Mobike—2017—China—Bike Sharing
- Tangren Jie—2017—China—Car Rental Service
- http://Trip.com—2017—USA—Social Travel
- Twizoo—2017—UK—Social Reviews
- Hai Nabei—2017—China—Immigration Services
- Big Fish Self-Guided Tours—2017—China—Outbound Self-Guided Travel Services
- Lijiang Huayu Hotel—2017—China—Homestay Hotel
- NoWait—2018—China—Dining
- Youjia Homestay—2018—China—Homestay
- DragonPass—2019—China—Travel Services
- TripAdvisor—2019—USA—Travel Community
- Lvyue Hotels—2019—China—Hotel
- Travix—2020—Netherlands—OTA
Booking’s Ecological Layout in the Travel Industry (Investments & Acquisitions)
- Active Hotels—2004—UK—OTA
- http://Booking.com—2005—Netherlands—OTA
- Agoda—2007—Thailand—OTA
- TravelJigsaw (later renamed http://RentalCars.com)—2010—UK—Car Rental Service
- KAYAK—2012—USA—OTA
- Qlika—2014—Israel—Digital Marketing
- Buuteeq—2014—USA—Digital Marketing
- HotelNinjas—2014—Spain—Hotel PMS
- OpenTable—2014—USA—Local Services
- Ctrip—2014—China—OTA
- Rocketmiles—2015—USA—OTA
- PriceMatch—2015—France—Hotel Revenue Management
- Hotel Urbano—2015—Brazil—OTA
- AS Digitals—2015—Australia—Restaurant Booking
- Woomoo—2016—Taiwan—Travel Technology Services
- Meituan—2017—China—Local Services
- Grab—2018—Singapore—Ride-Hailing
- Didi Chuxing—2018—China—Ride-Hailing
- Yanolja—2019—South Korea—OTA
Expedia’s Ecological Layout in the Travel Industry (Investments & Acquisitions)
- TripAdvisor—2005—USA—Travel Community
- http://CarRentals.com—2008—USA—Car Rental Service
- TravelGuru—2008—India—OTA
- Kuxun—2009—China—Travel Search
- eLong—2011—China—OTA
- Trivago—2012—Germany—Travel Search
- HomeAway—2015—USA—Vacation Rental Platform
- Orbitz Worldwide—2015—USA—OTA
- Travelocity—2015—USA—OTA
- SilverRail—2017—UK—Train Ticket Distribution
