Top 8 Chinese brands seek Rio gold
(chinadaily.com.cn) Updated: 2016-08-03 07:23Beijing Caissa International Travel Service Co
 |
|
A picture of Caissa International Travel Service's website on July 14, 2016. [Photo/IC] |
As the official ticket agency in Chinese mainland during London Olympics, Caissa has signed thousands of deals to ensure sports tourists having a good time in Rio. The number of tourists going to Brazil this August is expected to rise 10 times, according to the company.
Currently, the share of sports travel in China's overall tourism market is just 5 percent or 170 billion yuan. In developed countries, the corresponding figure is usually 25 percent.
By 2025, China's sports travel market is expected to reach 1 trillion yuan, according to a report by China Securities Co Ltd, a Beijing-based financial advisory firm and securities brokerage.
- Sports consumption a big winner
- Jilin Grain gets $1.5 billion in bid to restructure
- Alphabet tests drones as US considers new rules
- Sinopec to sell 50% of its gas pipeline
- E-shopper experience to go high-tech with Buy+
- Baidu, Xiaomi bullish on India
- LeEco and Netflix may share content
- 325 million lured by live streaming apps
