Search results for “MakeMyTrip”
Ctrip expands across European & Asian rail markets
Ctrip’s target customers include Asian travelers visiting Europe and Europeans visiting Asia.
Two decades on, Ctrip hopes to emerge even stronger: CEO Jane Sun
The domestic online travel category is ripe for expansion, asserts the online travel group. As for the international business, Ctrip expects it to contribute 50% of the total revenue generation in the next 3-5 years.
Travel advertising trends in Asia Pacific
In Asia Pacific the top three challenges for travel marketers are driving direct bookings, achieving ROI for advertising and targeting travelers during a specific purchase point .
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO
The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.
Ctrip's net revenue increases 21% to $1.2 billion in Q1 2019
Revenue of accommodation reservation, transportation ticketing, packaged-tour and corporate travel revenue increased by 21%, 16%, 25%, 32% separately in Q1 2019.
TUI plans to take on local online booking players with $1 billion revenue goal
In the new markets, TUI will ape online travel agencies, selling dynamic packages with the aim of getting to one million customers and $1.1 billion in revenue by 2022.
Fosun venture capital invests in Israeli booking site Splitty
Chinese investment firm Fosun RZ Capital led a $6.75 million series A investment round in Splitty, a hotel booking startup based in Israel.
Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018
Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.
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