Ctrip Q1 financial report: Inbound tourism grew by 100%, partnering with industry partners to serve global tourists.
On May 20, Ctrip Group announced its unaudited financial performance for the first quarter of 2025. In the first quarter, Ctrip Group's net operating income was 13.8 billion yuan. The four major businesses of accommodation booking, transportation ticketing, tourism vacation, and business travel management generated revenues of 5.5 billion, 5.4 billion, 9.47 billion, and 5.73 billion respectively in the first quarter. Thanks to Ctrip's continued strategic layout and investment in overseas markets, as well as optimizing platform services and expanding business scope, it has attracted a large number of users worldwide, further enhancing the competitive strength of Chinese travel companies globally. In the first quarter, Ctrip's international OTA platform saw a year-on-year increase of over 60% in travel bookings, an approximately 100% year-on-year increase in inbound tourism orders, and outbound tourism business in the first quarter has exceeded 120% of the same period in 2019.
Latest