Top 20 Chinese Tourism Companies361
China's tourism industry has experienced tremendous growth in recent years, becoming one of the largest and most lucrative in the world. As a result, a number of leading Chinese tourism companies have emerged, catering to both domestic and international travelers.
Here is a look at the top 20 Chinese tourism companies based on their 2021 revenue:
1. Group
Group is the largest online travel agency in China, with a market share of over 50%. The company offers a wide range of travel products and services, including flights, hotels, train tickets, car rentals, and tours. In 2021, Group reported revenue of RMB 39.7 billion (US$6.2 billion).
2. China International Travel Service Group Corporation (CITS)
CITS is a state-owned tourism company that was founded in 1954. The company operates a network of travel agencies across China and offers a full range of travel services, including inbound and outbound tourism, business travel, and MICE (meetings, incentives, conferences, and exhibitions). In 2021, CITS reported revenue of RMB 32.6 billion (US$5.1 billion).
3. China Travel Service (CTS) Group Corporation
CTS is another state-owned tourism company that was founded in 1928. The company operates a network of travel agencies across China and offers a full range of travel services, including inbound and outbound tourism, business travel, and MICE. In 2021, CTS reported revenue of RMB 29.4 billion (US$4.6 billion).
4. Spring Airlines
Spring Airlines is a low-cost airline that was founded in 2004. The airline operates a fleet of over 100 aircraft and flies to over 100 destinations in China and Asia. In 2021, Spring Airlines reported revenue of RMB 26.7 billion (US$4.2 billion).
5. Hainan Airlines
Hainan Airlines is a privately-owned airline that was founded in 1993. The airline operates a fleet of over 200 aircraft and flies to over 80 destinations in China and Asia. In 2021, Hainan Airlines reported revenue of RMB 24.5 billion (US$3.8 billion).
6. Juneyao Airlines
Juneyao Airlines is a privately-owned airline that was founded in 2006. The airline operates a fleet of over 80 aircraft and flies to over 50 destinations in China and Asia. In 2021, Juneyao Airlines reported revenue of RMB 20.3 billion (US$3.2 billion).
7. Beijing Capital Airlines
Beijing Capital Airlines is a privately-owned airline that was founded in 2010. The airline operates a fleet of over 60 aircraft and flies to over 50 destinations in China and Asia. In 2021, Beijing Capital Airlines reported revenue of RMB 19.5 billion (US$3.1 billion).
8. Xiamen Airlines
Xiamen Airlines is a privately-owned airline that was founded in 1984. The airline operates a fleet of over 100 aircraft and flies to over 60 destinations in China and Asia. In 2021, Xiamen Airlines reported revenue of RMB 18.7 billion (US$2.9 billion).
9. Air China
Air China is a state-owned airline that was founded in 1988. The airline operates a fleet of over 700 aircraft and flies to over 1,000 destinations in China and around the world. In 2021, Air China reported revenue of RMB 17.3 billion (US$2.7 billion).
10. China Eastern Airlines
China Eastern Airlines is a state-owned airline that was founded in 1957. The airline operates a fleet of over 700 aircraft and flies to over 1,000 destinations in China and around the world. In 2021, China Eastern Airlines reported revenue of RMB 16.6 billion (US$2.6 billion).
11. Shenzhen Airlines
Shenzhen Airlines is a privately-owned airline that was founded in 1992. The airline operates a fleet of over 100 aircraft and flies to over 60 destinations in China and Asia. In 2021, Shenzhen Airlines reported revenue of RMB 15.9 billion (US$2.5 billion).
12. Sichuan Airlines
Sichuan Airlines is a privately-owned airline that was founded in 1986. The airline operates a fleet of over 100 aircraft and flies to over 50 destinations in China and Asia. In 2021, Sichuan Airlines reported revenue of RMB 15.2 billion (US$2.4 billion).
13. Shandong Airlines
Shandong Airlines is a privately-owned airline that was founded in 1994. The airline operates a fleet of over 100 aircraft and flies to over 50 destinations in China and Asia. In 2021, Shandong Airlines reported revenue of RMB 14.7 billion (US$2.3 billion).
14. Hainan Airlines Group
Hainan Airlines Group is a privately-owned airline group that was founded in 1993. The group operates a fleet of over 200 aircraft and flies to over 80 destinations in China and Asia. In 2021, Hainan Airlines Group reported revenue of RMB 14.4 billion (US$2.2 billion).
15. Tianjin Airlines
Tianjin Airlines is a privately-owned airline that was founded in 2007. The airline operates a fleet of over 60 aircraft and flies to over 40 destinations in China and Asia. In 2021, Tianjin Airlines reported revenue of RMB 13.8 billion (US$2.1 billion).
16. Kunming Airlines
Kunming Airlines is a privately-owned airline that was founded in 2009. The airline operates a fleet of over 30 aircraft and flies to over 40 destinations in China and Asia. In 2021, Kunming Airlines reported revenue of RMB 13.2 billion (US$2.1 billion).
17. Zhejiang Airlines
Zhejiang Airlines is a privately-owned airline that was founded in 2010. The airline operates a fleet of over 20 aircraft and flies to over 20 destinations in China. In 2021, Zhejiang Airlines reported revenue of RMB 12.6 billion (US$2.0 billion).
18. Urumqi Air
Urumqi Air is a privately-owned airline that was founded in 2014. The airline operates a fleet of over 20 aircraft and flies to over 20 destinations in China and Asia. In 2021, Urumqi Air reported revenue of RMB 12.0 billion (US$1.9 billion).
19. Tibet Airlines
Tibet Airlines is a privately-owned airline that was founded in 2011. The airline operates a fleet of over 20 aircraft and flies to over 30 destinations in China and Asia. In 2021, Tibet Airlines reported revenue of RMB 11.5 billion (US$1.8 billion).
20. Lucky Air
Lucky Air is a privately-owned airline that was founded in 2004. The airline operates a fleet of over 40 aircraft and flies to over 30 destinations in China and Asia. In 2021, Lucky Air reported revenue of RMB 11.2 billion (US$1.8 billion).
2024-12-08
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