Ctrip.com International, Ltd. , a leading consolidator of hotel accommodations and airline tickets in China, today announced the promotion of Mr. Min Fan to be Ctrip's Chief Executive Officer, effective immediately. Mr. James Liang, Ctrip's Chairman and former Chief Executive Officer, will continue to serve as the Chairman and also lead Ctrip's strategic development and new business initiatives.

Mr. Fan is a co-founder of Ctrip and has held several senior managerial positions at Ctrip, including as the Chief Operating Officer prior to the promotion. Mr. Fan has over 15 years of experience in the travel industry in China. Prior to founding Ctrip, he worked as the general manager of Shanghai Travel Agency, a leading travel agency in China, and also worked as the Deputy General Manager of Shanghai New Asia Hotel Management Company, a leading hotel management company. Mr. Fan obtained his Master's and Bachelor's degrees from Shanghai Jiao Tong University. He also studied at the Lausanne Hotel Management School of Switzerland.

Commenting on Mr. Fan's promotion, Mr. Liang said, "Min has played an integral role in building Ctrip as one of the best-known travel brands in China. Under his outstanding leadership, our hotel reservation business has continued to dominate the travel consolidator market, our air-ticketing business has experienced remarkable growth and our sales and marketing force has been highly effective in executing our focused strategies. I can think of no other individual better suited than Min to take Ctrip to the next level of success. In his new role, Min will be responsible for overall business and operations of the company, while I will concentrate on strategic development and new business initiatives, in addition to assisting Min during the transition."

"James has created a true gem in the travel industry in China. Within the past six-year period, he has not only built one of the largest travel service companies in China, but also cultivated the best management team in the industry. We thank James for his extraordinary vision and steadfast focus on delivering the best quality service. I am honored that James and the board have given me this exciting opportunity to lead Ctrip along with James to reach new heights. With its strong foundation and a tremendously talented management team, I am confident that Ctrip will continue to grow market share in the travel consolidator market and also dominate the fast-growing online travel market in China," said Min Fan.