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Nikkei Markets

Ctrip International Business To Bring Half Of Revenue In Five Years, CEO Says

Nasdaq-listed Ctrip earned 35% of first-quarter revenue from international business

HONG KONG (Nikkei Markets) -- Ctrip.com, China’s largest online travel agent with a 60% share of the market, expects international business to outpace domestic expansion and bring in half of its total revenue within five years, according to its Chief Executive Jane Sun.

A growing outbound tourism market in China and the rapidly increasing scale of business for travel websites such as Skyscanner that are owned by the group are behind the optimism.

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