of the growth of the wine and travel giant BOCOM International predicts that Ctrips wine and travel market share will increase by 10 in 2018 A significant change in the same period is that Douyin and wine travel will increase from 10 to 20 According to Bank of Communications Internationals forecast the scale of Douyins local life services will reach 100 million yuan in 2020 Among them Liquor Travel Vs scale will reach 100 million yuan close to Meituans In a quarter of the year Douyin Liquor Travel Vs scale will reach 100 million yuan approximately the same as Meituans Zoom out further Source Bank of Communications International
Meituan Douyin Kuaishou Xiaohongshu etc are not born wine travel platforms They simply extend their tentacles to the industry and easily use their scale advantages to defeat many Germany Telegram Number Data small native players This situation is enough to make Ctrip and Liang Jianzhang calm down and think about whether they will step into the same river in the future Where is their moat But if this happens it will inevitably trigger Ctrips further resource concentration which will lead to a situation where the industrys resource concentration and competition landscape will be unified in a short time It is difficult to change within Especially in the past two years the
upstream and downstream performance has been unstable and may face the risk of contraction at any time It is difficult for small and mediumsized enterprises to resist nonsystemic risks let alone systemic risks As the giants dominate the industry The Matthew effect of strengthening control seems to be becoming more and more unshakable 4 In the final review of the year there are many keywords in the tourism industry but due to the influence of the macro environment the overall trend is contraction and expansion with the arrival of the year The travel industry as a whole is looking forward to possible improvements From the upstream transportation and