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Chinese OTA mulls delisting from US; TravelSky projects half-year loss | Daily Brief

07/29/2020|12:16:25 AM|

Seven Chinese hotel groups made it to the global top 20 hotel groups by room number; Alibaba's online travel unit Fliggy has broadcast live streams from Serbia, Finland, Germany, and the U.K.

Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO

05/24/2019|11:45:47 AM|

The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.

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.

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