Search results for “Ctrip”
Ctrip- and Tencent-backed OTA reports 28.5% GMV rise in 2018
Revenue from accommodation reservation services decreased by 22.5% to RMB1,830.4 million, revenue from transportation ticketing services increased from RMB61.3 million to RMB3,232.5 million.
Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018
Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.
Ctrip, Millennium Hotels sign China-focused distribution deal
MHR will partner with Ctrip’s membership programme, which will certify its properties as “Chinese Friendly Hotels” and enable them to benefit from Ctrip’s ranking system.
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
Ctrip Group participates in ITB Berlin 2019
Chief Product Officer Lynn Qu discussed the recent successful growth of Trip.com, especially in the Asia Pacific region.
Fliggy spearheading “Global Fun” as part of Alibaba’s globalization strategy
There is still much room for cross-brand synergy or consolidation under the umbrella of Alibaba.
Huge consumption capacity still to be unlocked: Ctrip chairman
Ctrip believes its strong foundation and the rise in the urbanization rate offer the company an opportunity to strengthen its presence in the Chinese market.
Trip.com: Earn global market shares through differentiated strategies and local teams
Trip.com values not only the variety and pricing of their supply but also service localization.
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Booking.com chairwoman on China market, brand synergy and new growth engines
Trip.com Group works with Kayak to offer car rentals in Asia Pacific
Chinese tourists spend $127.5 billion on outbound travel in 2019
Tourplus raises $400k by Chinaccelerator and private investor
China’s social media platform WeChat taps into outbound tourism market
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