Ctrip.com reports revenue jump
February 04, 2010 | Online Travel
China's Ctrip.com announced that its revenues in the fourth quarter of last year jumped 43% year on year to RMB 603 million, and its full-year revenues rose 34% from 2008 to RMB 2.1 billion.
Net income attributable to Ctrip’s shareholders was RMB 190 million in the fourth quarter of 2009, up 57% year on year, and the full-year net income increased 48% from the year earlier to RMB 659 million.
Hotel reservation revenues were RMB 279 million for the fourth quarter and RMB 956 million for full-year 2009, up 33% and 25% year on year, respectively.
In the fourth quarter, its air ticket booking revenues increased 45% year on year to RMB 240 million. For the full year ended Dec. 31, the revenues from the same service rose 35% from a year earlier to RMB 888 million.
Packaged-tour revenues jumped 62% year on year to RMB 49 million in the fourth quarter and RMB 177 million for the full year of 2009.
Ctrip expects its net revenue will continue to grow at a year-on-year rate of around 30% in 2010, said the company in a statement.
Get the Ctrip.com Q4 2009 earnings call transcript at Seeking Alpha
Related Articles
Social media empowers new modes of travel
19 Mar, 2010 | Online Travel
Where German travelers are headed in 2010
19 Mar, 2010 | Online Travel
HotelPlanner.com launches new meeting space reservations platform
19 Mar, 2010 | Online Travel
10 travel innovation trends for 2010
18 Mar, 2010 | Online Travel
eLong meets Ctrip’s best price guarantee
17 Mar, 2010 | Online Travel
China expected to stimulate world travel economy in 2010
16 Mar, 2010 | Online Travel
Google Marketplace drives corporate travel apps
15 Mar, 2010 | Online Travel
IATA sees brighter 2010 outlook
15 Mar, 2010 | Online Travel
Expedia to lift investment in Kuxun.cn
15 Mar, 2010 | Online Travel
How TripAdvisor engages mass influencers
12 Mar, 2010 | Online Travel
Most Popular Articles
Does your hotel really need a social media strategy?
11 Mar, 2010 | Hospitality Industry
How TripAdvisor engages mass influencers
12 Mar, 2010 | Online Travel
6 ways to drive more online travel sales in 2010
11 Mar, 2010 | Online Travel
Top ten best practices for today’s online hotel marketer
17 Mar, 2010 | Hospitality Industry
Why should I open your e-mail?
09 Mar, 2010 | Internet Marketing
The need for a more holistic approach to revenue management
10 Mar, 2010 | Hospitality Industry
How have Web 2.0 & social media shaped online hotel marketing?
16 Mar, 2010 | Hospitality Industry
Google Marketplace drives corporate travel apps
15 Mar, 2010 | Online Travel
Starwood runs loyalty pilot program that targets rivals’ customers
15 Mar, 2010 | Hospitality Industry
Five creative strategies for hotels to attract new repeat guests
17 Mar, 2010 | Hospitality Industry
Economic Downturn
Recovery over a year away, say European hotel executives
16 Mar, 2010 | Hospitality Industry
China expected to stimulate world travel economy in 2010
16 Mar, 2010 | Online Travel
IATA sees brighter 2010 outlook
15 Mar, 2010 | Online Travel
Virgin America’s guide to not screwing up customer service
12 Mar, 2010 | Internet Marketing
UK travelers plan to take multiple trips abroad in 2010
09 Mar, 2010 | Online Travel
Un-stoppable growth in OTA bookings, GDS still lacking behind
05 Mar, 2010 | Online Travel
Global hotel prices dropped beyond 2004 levels during 2009
02 Mar, 2010 | Hospitality Industry
Things are looking up for U.S. airlines
02 Mar, 2010 | Online Travel
Asia leads travel industry’s recovery
26 Feb, 2010 | Online Travel
Meeting buyers see budget cutbacks ease
25 Feb, 2010 | Hospitality Industry
Travel companies grapple with “new normal”
23 Feb, 2010 | Online Travel
Europe likely to see recovery, not growth, says STR
22 Feb, 2010 | Hospitality Industry
Hogg Robinson Group sees early signs of recovery
22 Feb, 2010 | Online Travel
US Travel growth expected in 2010
18 Feb, 2010 | Online Travel
IHG’s profit drops 18%, as hotel rates continue to fall
16 Feb, 2010 | Hospitality Industry
E-Mail Newsletter
Visit our sponsors:
