Ctrip Expects Rising Costs to Nibble at Its Margins

Bloomberg

Shown here is CEO Jane Sun of Ctrip, an online travel agency. On
Thursday, Ctrip reported its third-quarter 2018 financial results
showing it had beat investor expectations for revenue despite
competitive pressures. Bloomberg

Skift Take: Ctrip’s revenue growth has
remained in line with forecasts, but its costs are rising. More
interestingly, the online travel giant has branched out into hotel
management by providing data services and marketing support to
franchisees for a new brand, Rezen.

— Sean O’Neill


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Source: FS – All-Travel destinations-News
Ctrip Expects Rising Costs to Nibble at Its Margins