Articles tagged “ctrip”

Ctrip’s Bigger Hand in MakeMyTrip May Speed It Toward Break-Even

Ctrip’s Bigger Hand in MakeMyTrip May Speed It Toward Break-Even

Raini Hamdi, Skift

India’s largest online travel agency may beat analysts’ expectations and break even sooner rather than later. Ctrip, which now owns nearly half of the company, could be a factor. Another is boosting hotel content, which offers higher margins than air.

4 days ago

Trip.com’s Nearly Quarter Century Odyssey as a Can’t Lose Travel Domain, Right?

Trip.com’s Nearly Quarter Century Odyssey as a Can’t Lose Travel Domain, Right?

Dennis Schaal, Skift

Buying a compelling travel domain like Trip.com and thinking it ensures success is like the people who buy a restaurant and think they can run it because they are foodies. Several major travel companies squandered the Trip.com domain because it was a side hustle. Moral of the story? A brand is only as good as the real-world business behind it.

1 month ago

Stopping Asian Airports From Becoming Protesters’ Punching Bags

Stopping Asian Airports From Becoming Protesters’ Punching Bags

Raini Hamdi, Skift

Unless they live on another planet, most people now know that airports are the perfect places to hold demonstrations and gain maximum coverage for a cause. It’s a message that airport authorities in Asia must correct, particularly as conflicts will continue to simmer in the region.

1 month ago

Ctrip Changing Name to Trip.com Group to Emphasize International Business

Ctrip Changing Name to Trip.com Group to Emphasize International Business

Dennis Schaal, Skift

Ctrip, or the company soon-to-be known as Trip.com Group Ltd., is banking on international growth as a key driver of its business, primarily in Asia. But short term, at least, difficulties in Hong Kong and Taiwan and with the White House are complicating that game plan.

1 month ago

Berlin and Other German Cultural Hubs Grow Popular With Chinese Travelers

Berlin and Other German Cultural Hubs Grow Popular With Chinese Travelers

Diana Cerqueira, Jing Travel

As Chinese travelers increasingly seek out cultural tourism, destination marketing organizations would do well to boost visibility for museum institutions and historic landmark sites with this segment. VisitBerlin's effort is case in point.

2 months ago

Airbnb Beat Expedia in Booked Room Nights

Airbnb Beat Expedia in Booked Room Nights

Dennis Schaal, Skift

Does anyone remember when Travelocity was the leading U.S. online travel agency? We're thinking about that because a milestone may have taken place in the first quarter when Airbnb attracted more room nights booked than did Expedia. What it does clearly show is that the online travel pecking order is very much in flux.

2 months ago

Why Skyscanner Is Closing Its Stand-Alone Local Recommendations App

Why Skyscanner Is Closing Its Stand-Alone Local Recommendations App

Sean O'Neill, Skift

It's no surprise to see Skyscanner absorb the last bits of the user-generated reviews brand formerly known as Gogobot. But the price-comparison search company's bet on soliciting reviews from its own customers remains intriguing. The move highlights its ambition to become a superapp for travel.

2 months ago

Ctrip’s International Strategy Fuels TrainPal’s Hyper Growth

Ctrip’s International Strategy Fuels TrainPal’s Hyper Growth

Tamsin Smith, Jing Travel

The runaway success of the ticket booking app marks the latest development in the Chinese online travel giant’s strategy to strengthen its fast-growing international business.

4 months ago

Why Oyo and Ctrip Need Each Other: Bigger Reach in Asia

Why Oyo and Ctrip Need Each Other: Bigger Reach in Asia

Raini Hamdi, Skift

Oyo has more rooms in China than in India, but India is still its biggest revenue generator. A deal with Ctrip may help correct that imbalance.

5 months ago

Ctrip’s Global Push Starts to Pay Off in Diversified Revenue Streams

Ctrip’s Global Push Starts to Pay Off in Diversified Revenue Streams

Sean O'Neill, Skift

The more Ctrip internationalizes its sources of revenue, the more it will cross swords with global players like Booking Holdings, which owns a small stake, and Expedia Group. It already claims to process more transaction volume than both of them, and a third of its revenue comes from outside mainland China.

5 months ago

China’s Ctrip Will Own Nearly Half of India’s MakeMyTrip After Share Swap

China’s Ctrip Will Own Nearly Half of India’s MakeMyTrip After Share Swap

Sean O'Neill, Skift

It makes sense that Ctrip, the market leader in China, would be interested in strategically working more closely with MakeMyTrip in the fast-growing Indian market. In a new deal, it now has five of the 10 board seats at India's largest online travel agency group.

6 months ago

Meituan Dianping Claims Leadership as Largest Domestic Hotel Site in China

Meituan Dianping Claims Leadership as Largest Domestic Hotel Site in China

Dennis Schaal, Skift

Meituan has an advantage in travel over some of its competitors because it is a platform company, offering an extensive array of retail services, although food delivery is its core business. The Chinese hotel market is clearly in flux with Meituan and, to a lesser extent, Alibaba, nipping at Ctrip's heels.

7 months ago