Articles tagged “ctrip”

Ctrip Expects Rising Costs to Nibble at Its Margins

Ctrip Expects Rising Costs to Nibble at Its Margins

Sean O'Neill, Skift

Ctrip's revenue growth has remained in line with forecasts, but its costs are rising. More interestingly, the online travel giant has branched out into hotel management by providing data services and marketing support to franchisees for a new brand, Rezen.

2 weeks ago

Ctrip Will Show Frequent Flyer Earnings With Searches

Ctrip Will Show Frequent Flyer Earnings With Searches

Grant Martin, Skift

Supplemental flight data like Wi-Fi availability and seat pitch is slowly coming to online search. Ctrip's entry may accelerate that.

1 month ago

Meituan’s Hong Kong IPO May Intensify Its Rivalry With Ctrip

Meituan’s Hong Kong IPO May Intensify Its Rivalry With Ctrip

Sean O'Neill, Skift

China's travel market is fast-growing enough that it could support a competitor to current leader Ctrip. That day may arrive soon, too, given that Meituan-Dianping is showing surprising traction in hotel booking.

2 months ago

Chinese Outbound Travel Is Up While Per-Trip Spending Drops

Chinese Outbound Travel Is Up While Per-Trip Spending Drops

Jing Travel

The good news for destinations around the world is that outbound travel from China is still increasing. But there's no room for complacency: Competition for those tourists is widespread, and average spending is down.

2 months ago

Ctrip’s Lowered Pace of Revenue Growth Reflects a New Normal

Ctrip’s Lowered Pace of Revenue Growth Reflects a New Normal

Sean O'Neill, Skift

Ctrip sacrificed some revenue growth to defend its market share in hotel bookings from rivals like Meituan. The competition shows no sign of abating.

2 months ago

American and Singapore Airlines Rework Loyalty Programs for China’s Alibaba

American and Singapore Airlines Rework Loyalty Programs for China’s Alibaba

Daniel Meesak, Jing Travel

Just when you might have thought the Chinese online travel market might be stabilizing because Ctrip bought a couple of major competitors, along comes Tencent's Meituan Travel and Alibaba's Fliggy. The latter appeals to a younger demographic, a fact that many airlines may find especially appealing.

3 months ago

Booking CEO Gillian Tans Gets a Ctrip Board Seat

Booking CEO Gillian Tans Gets a Ctrip Board Seat

Dennis Schaal, Skift

Online travel's two most influential female executives, Ctrip's Jane Jie Sun and Booking.com's Gillian Tans, will now deliberate around the table together at Ctrip board meetings. Ctrip felt the need to announce that the two companies are strengthening their ties after Booking's 2017 investment in Ctrip rival and IPO-bound Meituan-Dianping.

5 months ago

Airbnb Nearly Merged With Chinese Rival Tujia in 2017

Airbnb Nearly Merged With Chinese Rival Tujia in 2017

Shelly Banjo and Olivia Zaleski, Bloomberg

If we were Booking or HomeAway, we'd probably read this and see a big opportunity here.

6 months ago

China’s Ctrip Invests in a U.S. Company That Wants to Bring Back Supersonic Travel

China’s Ctrip Invests in a U.S. Company That Wants to Bring Back Supersonic Travel

Daniel Meesak, Jing Travel

Why did Ctrip invest in Boom? We're not sure, and neither is the writer for this story. It seems like a strange choice, no? Remember, this is a company that owns sites like Skyscanner and trip.com.

7 months ago

TUI Group Is Quietly Joining the Cruise Heavyweights

TUI Group Is Quietly Joining the Cruise Heavyweights

Patrick Whyte, Skift

TUI Group is slowly building up quite a formidable cruise operation. How long before it starts to consider buying out joint venture partner Royal Caribbean?

8 months ago

Royal Caribbean Ends Its Joint Venture With Ctrip in China

Royal Caribbean Ends Its Joint Venture With Ctrip in China

Hannah Sampson, Skift

Cruise lines had a lot of big plans for China a few years ago, but as the market has cooled, those plans are changing. SkySea Cruises shows that winning Chinese travelers isn't as easy as taking an old ship and tailoring it to local preferences.

8 months ago

Ctrip’s Growth Hits a Speed Bump Over Consumer Issues

Ctrip’s Growth Hits a Speed Bump Over Consumer Issues

Sean O'Neill, Skift

Recent consumer activism and regulatory issues have unsettled Ctrip. But the trend is a positive sign that Chinese consumers will gradually demand protections, which will put in place drivers for long-term stable growth.

8 months ago