The global economic crisis has caused a sluggish trend in the travel sector worldwide, especially for business travel and cross-border travel. Bucking the trend, however, the third quarter of 2009 has seen a significant boom in leisure travel, driven primarily by China. When will be the real "turning point" for tourism industry? How have the travel sector’s service providers been reacting to, and capitalizing on, the changing patterns of consumer behavior? Also, how is the prospect of 'eco-friendly tourism' in China?
In this episode, we talk to Fritz Demopoulos, CEO and co-founder of Qunar, and discuss about a variety of new opportunities present to the travel industry in the lead-up to economic recovery.
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Fritz Demopoulos, CEO and co-founder of Qunar |
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