The latest report from Hamburg-based business intelligence company yStats.com, “Asia-Pacific Online Travel Market 2016” includes a forecast that North American online travel sales will be exceeded by the Asia-Pacific region within a few years. The company’s CEO and founder, Yücel Yelken, observes “Online travel in Asia-Pacific is growing faster than in any other global region.” Read more here: https://www.ystats.com/ystats-com-report-asia-pacific-to-become-the-largest-online-travel-market-worldwide/ Find the report here: https://www.ystats.com/product/asia-pacific-online-travel-market-2016/

1. 1
PRESS RELEASE
Hamburg, November 01th
, 2016
Asia-Pacific to surpass North America in online travel sales, per
yStats.com report
The latest report from Hamburg-based business intelligence company yStats.com, “Asia-Pacific Online Travel Market
2016” includes a forecast that North American online travel sales will be exceeded by the Asia-Pacific region within a few
years. The company’s CEO and founder, Yücel Yelken, observes “Online travel in Asia-Pacific is growing faster than in any other
global region.”
A forecast cited in the yStats.com report tells of double digit growth in the region, supporting the prediction of surpassing the
maturing North American online travel market. Online travel sales in the Southeast Asia sub-region lead the Asia-Pacific region in terms
of growth rate, with a prediction of four-fold growth in the next 10 years.
The largest single online travel market in Asia-Pacific is China, and Ctrip is the country’s largest online travel agency. The
increase in mobile travel bookings contribute to the growth in China as well as in Japan and South Korea, where a large portion of online
bookings are done through a mobile device, according to the findings in the yStats.com report. While the growth rate in India has been
over 50% in the last year, in some other economies the concept of online shopping for travel has not yet caught on.
For further information, see: https://www.ystats.com/wp-content/uploads/2016/11/20161101_Product-Brochure-Order-Form_Asia-Pacific-
Online-Travel-Market-2016.pdf
Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ysta
About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing
the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of
expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of
related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports,
we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including
Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C
E-Commerce and Online Payment.