For the second quarter of 2011, Ctrip reported total revenues of RMB886 million (US$137 million), representing a 20% increase from the same period in 2010. Total revenues for the second quarter of 2011 increased by 9% from the previous quarter. Hotel reservation revenues amounted to RMB366 million (US$57 million) for the second quarter of 2011, representing a 16% increase year-on-year and 18% increase quarter-on-quarter, primarily driven by an increase in hotel reservation volume. Air ticket booking revenues for the second quarter of 2011 were RMB347 million (US$54 million), representing a 13% increase year-on-year, primarily driven by a 21% increase in air ticketing sales volume and partially offset by a 7% decrease in commission per ticket year-on-year. Air ticket booking revenues increased 6% quarter-on-quarter. Packaged-tour revenues for the second quarter of 2011 were RMB108 million (US$17 million), representing a 62% increase year-on-year due to the increase of leisure travel volume. Wing On Travel and ezTravel together contributed 40% for the year-on-year growth for packaged-tour revenues. Packaged-tour revenues decreased 13% quarter-on-quarter, primarily due to seasonality. Corporate travel revenues for the second quarter of 2011 were RMB40 million (US$6 million), representing an 18% increase year-on-year and a 26% increase quarter-on-quarter, primarily driven by the increased corporate travel demand from business activities. Get the full story at MarketWatch