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Ctrip works with Skyscanner to boost direct bookings

05/23/2018| 8:44:30 AM| ChinaTravelNews 中文

Skyscanner's monthly active user increased 30%, reaching 80 million. Its direct booking program continues to gain momentum, delivering revenue growth over 600% year-over-year.

Ctrip's international air ticketing (excluding Skyscanner) accounted for over 40% of the group’s air ticketing revenue in the first quarter, and Skyscanner revenue grew 600% during the time.

Jane Sun, CEO of Ctrip, said: “Skyscanner's Monthly Active User (MAU) increased by around 30% year-over-year, reaching 80 million. Its direct booking program continues to gain momentum, delivering revenue growth over 600% year-over-year. In the first quarter, we are still just touching a very small portion of what's direct booking can contribute in the long run.”

“Trip.com is gradually gaining customer recognition, particularly in the air ticketing business. With the international air ticketing showing the triple digits growth in its first quarter trip.com is gaining its momentum.”

Asked about the strategy to compete against shareholder Booking Holdings on a global stage, Jane replied:"Booking has developed a tremendous footprint in the global places and we have the highest respect for them foresee chip. Our strength is the coverage associated with our China customers. So in China we open our inventory to our partner, and in the Global places, Booking opened inventory to us and so far, I think it works out very well there are lots of things we can explore together."

TAGS: Ctrip | OTA | financial statement
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