Search results for “net revenue”
Huge consumption capacity still to be unlocked: Ctrip chairman
03/06/2019|2:20:22 PM|
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.
Ctrip's net revenues surge 76% in 2016
02/23/2017|7:36:07 PM|
Ctrip reported net revenues of USD 2.8 billion in full year 2016, representing a 76% increase YoY. Accommodation reservation revenues rose 58% to USD 1.1 billion, accounting for 37% of the total revenues.
Travelport records 6% net revenue rise in 2016
02/21/2017|9:54:08 PM|
Travelport's air revenue increased 3% to USD 1,651 million in 2016 and Beyond Air revenue rose 18% to USD 579 million, contributing 26% of Travel Commerce Platform revenue of the year.
Expedia's gross bookings rose 13% with revenue up by 12%
02/09/2019|10:48:24 AM|
Total stayed lodging room nights increased 13% year-over-year for the full year 2018, and HomeAway's stayed property nights grew 29%.
Major Chinese airlines report drop in profits due to currency depreciation and rising costs
10/31/2018|3:43:52 PM|
China Eastern Airlines reported a 38% drop in net profit for in the third quarter. Hainan Airlines saw a 90% year-on-year tumble in operating profit to $33.5 million.
Ctrip rival Meituan sells 209.6 million hotel room nights in 9 months
11/22/2018|7:21:26 PM|
Meituan has sold a total of 209.6 million domestic hotel room nights in the first three quarter of 2018. By comparison, the company marked 200 million room nights stayed on December 26, 2017.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
Ctrip shows how to attain multiple benefits from superlative service quality
09/07/2018|7:46:54 PM|
The Chinese online travel giant has taken a series of initiatives to support a traveler’s journey, and this is also helping in cutting down on cost of revenues.
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