Ctrip talks to BRICS

September 5, 2017 by  
Filed under News, North Asia

XIAMEN, China, 5 September 2017:  Ctrip CEO Jane Jie Sun attended the 9th BRICS Business Forum hosted by President Xi Jinping in Xiamen, Monday.

She delivered a speech to more than 500 representatives from Chinese and overseas business communities and presented tourism’s message to BRICS governments that it is the “new engine driving the world’s economic recovery.”

“Tourism serves as a bridge between China and other members of BRICS, as well as the rest of the world, to foster harmonious ties between people around the world, she told the gathering Read more

Ctrip honours Marco Polo

June 6, 2017 by  
Filed under News, North Asia

HONG KONG, 6 June 2017: Marco Polo Hongkong Hotel, Gateway Hotel and Prince Hotel have been recognised with a Ctrip Award 2016.

Marco Polo Hongkong Hotel was named the Best Business Hotel, Gateway Hotel won Best Popular Hotel, and Prince Hotel received the Best Family-friendly Hotel accolade from Ctrip, signifying that the three hotels have consistently earned outstanding feedback from Ctrip guests on its global platform.

As China’s top online travel agency offering domestic and international hotel and flight bookings, Ctrip has over 90 million online members, as well as 50,000 hotel memberships. Read more

Ctrip revenue surges in 2016

February 24, 2017 by  
Filed under News, North Asia

SHANGHAI, 24 February 2017: Ctrip’s net revenue for its fiscal year 2016 reached RMB19.2 billion (USD2.8 billion) a massive 76% increase over 2015.

Ctrip.com International, a leading travel provider headquartered in China announced, Thursday, its unaudited financial results for the full year ending 31 December 2016.

Despite the massive increases in net revenue, the company reported a full year a loss from operations of RMB1.6 billion (USD226 million), compared to income from operations of RMB381 million in 2015. Read more

CTrip buys Skyscanner

November 25, 2016 by  
Filed under News, North Asia

SHANGHAI, 25 November 2016: Ctrip, a leading travel conglomerate in China announced, Thursday, that it has signed a purchase agreement with the majority shareholders of Skyscanner Holdings Limited, a leading global travel search site headquartered in Edinburgh, UK.

In related financial news CTrip reported, Thursday, that it had achieved a strong net revenue gain of 75% in its third quarter unaudited financial results for 2016.

Read more

Ctrip achieves revenue gains in Q2

September 1, 2016 by  
Filed under News, North Asia

SHANGHAI, 1 September 2016:  Chinese travel giant, Ctrip.com International, listed on Nasdaq, reported net revenues for the second quarter reached RMB4.4 billion (USD664 million), up 75% year-on-year.

It was part of its report on its second quarter unaudited financial results up to 30 June.

Despite a tough comparable base in the second quarter of 2015, the accommodation reservations business experienced healthy growth Q2, driven by strong increases in both volume and revenue per room night. Read more