Ctrip.com and China Eastern Airlines announced their entry into a strategic collaboration agreement.
Welcome to breaking news of this week: Ctrip competes with Alitrip in postpay market; the new product of Qunar.com was removed at the first day of rollout; Anbang has a new target after losing the Starwood...
Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
Welcome to Breaking Hotel News from Meadin.com. Let’s look at what happened recently. Ctrip and Qunar Agree Share Swap and Cooperation; Starwood Rumors Continue, Sells Timeshare Business.
Alitrip is Alibaba’s standalone travel business, launched just over a year ago, with statements at the time that it wanted Alitrip to win in crowded online travel industry dominated by rival Ctrip.
Announcement from Ctrip says that, as a result of the share swap, Qunar’s parent company Baidu will control 25% of Ctrip’s aggregate voting interest while Ctrip will own shares in Qunar worth 45%.
Ctrip ispoised to strengthen its position as China’s largest travel website as it teams up with Tencent to stave off competition, according to Morgan Stanley.
Homeinns Hotel Group received a buyout offer from investors including Ctrip.com International Ltd. as China’s biggest operator of economy hotels.
Big Chinese online intermediaries are diligently pursuing new opportunities as part of their respective growth strategies.
The Priceline Group Inc. announced that it will invest an additional $250 million in Ctrip.com International, Ltd. Ctrip, China’s leading online travel company.
What got investors’ attention was Ctrip’s Q1 forecast for a revenue gain of 40%-50%, which suggests the best sales gain since the end of 2010.
Ctrip.com International, Ltd. today announced that they have completed an investment transaction in Travelfusion by purchasing a majority stake in the company.
Royal’s vehicle for establishing Century in China will own 35% of the venture, as will Ctrip.com International, the Shanghai-based travel services company that is partly owned by Priceline Group.
Tuniu Corporation, a leading online leisure travel company in China, announced to aign a strategic agreement with Ctrip.com International, Ltd. ("Ctrip").
Royal Caribbean Cruises and Ctrip.com International announced that they have agreed to form a strategic partnership through SkySea Cruises.
Recently, Ctrip did an online research by thousands of users and released the first “Report of Tourists’ Satisfaction about Travel Law”.
Ctrip, China’s largest online travel agency, has released a report on the 2014 Golden Week travel data to show that more tourists chose to go abroad to spend the holiday.
Recently, Ctrip took all its hotel products off Qunar.com and blamed the Search platform impartiality of Qunar.com, which have continued to be under-emphasised.
Online travel site Ctrip were squabbling fiercely with Qunar.com about the search platform impartiality of Qunar.com.
Ctrip.com International, Ltd announced that it has entered into an agreement to acquire Celebrity Century, a 1,814-passenger cruise ship.
Priceline has invested USD500M in Ctrip, China’s market leading travel website, while the companies have entered into a wide-ranging inventory.
Ctrip announced that the Company has entered into an investment agreement with Tongcheng Network Technology Share Co., Ltd.
Two online travel agencies, Qunar.com of Baidu and Ctrip.com International, Ltd., are discussing a possible merger, Bloomberg News reported on Tuesday, quoting informed sources.
For the third quarter of 2013, Ctrip reported total revenues of RMB1.6 billion (US$268 million), representing a 32% increase from the same period of 2012. Total revenues for the third quarter of 2013 increased by 24% from the previous quarter.
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