Slower economic growth in China may make consumers more inclined to search for travel deals on online sites such as Qunar, according to Ben Cavender, associate principal at China Market Research Group in Shanghai.
“People are definitely going to be more cost-conscious,” Cavender said. “People are becoming more comfortable about doing online bookings, and I think we’ll see Qunar and other sources of tickets and hotels start to do really well.”More in Business Week.
Ben Cavender is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.
- What is going wrong in localization - Ben Cavender Hangout (chinaspeakersbureau.info)
- Alibaba, the winner in China's economy - Ben Cavender (chinaspeakersbureau.info)
- New rules on mobiles force market into maturity - Ben Cavender (chinaspeakersbureau.info)
- Ferrari, Apple: two products appealing to the rich - Ben Cavender (chinaspeakersbureau.info)