Articles tagged “ctrip”

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.