Credit: Shutterstock photoCtrip is currently the second largest OTA in the world with a market capitalization of around $21 billion (surpassing Expedia's $17 billion). From being a regional leader in China, Ctrip now plans on a possible entry into the U.S. and a wider international reach in the future. After consolidating China's competitive online travel market, Ctrip is still focusing on continuing its discounts to the lower budget hotels in China, in order to eliminate competition from that segment. Ctrip's aggressive stance in every possible segment of its business is one of the primary reasons for its growth, which we expect to continue into the future.
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Have more questions about Ctrip? See the links below.
- What Is Ctrip's Revenue And EBITDA Breakdown?
- How Has Ctrip's Revenue And EBITDA Composition Changed Over 2012-2016E?
- Ctrip Q4 2015 Pre-Earnings Report
- What Drove Ctrip's Revenue Growth And Led To Its EBITDA Decline Over The Last Five Years?
- Ctrip: Year 2015 In Review
- Ctrip Q1 2016 Earnings Preview
- Where Can Ctrip's Growth Come From In The Next 5 Years?
- Which Two Segments Are The Biggest Contributors To Ctrip's Growth?
- How Fast Is Ctrip's Hotel Revenue Growing?
- How Can Ctrip's Expansion In Geographies Like The U.S. Impact Its Share Price?
- How Did The Brexit Decision Impact Ctrip So Far?
- Ctrip Q2 2016 Earnings Preview
- Ctrip Continues Growing Though Its Bottom Line Remained Dampened Due To Investments
- What Drove Ctrip's Packaged Tour Business In Q2 2016?
- Reasons Why We Upgraded Ctrip's Stock Price By Almost 20%
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Ctrip
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
