May 19, 188bet app download announced its unaudited financial results for the first quarter ended March 31, 2021。

The global 188bet app download industry has been severely affected by the epidemic，In the context of domestic epidemic prevention and control policies being tightened at the beginning of the year，First quarter of this year，Ctrip’s net operating income is 4.1 billion yuan，Performance fluctuations are significantly better than market expectations，Many institutions raised Ctrip’s ratings。March this year，Ctrip’s domestic main business accelerates recovery，Domestic air tickets and hotel business achieved significant growth。Business travel management business，And other businesses including domestic advertising revenue and 188bet app download financial services business have exceeded pre-epidemic levels。where，Business travel management business increased by 6% compared with the same period in 2019，Other business increased by 17% compared with the same period in 2019。

While the main 188bet app download is accelerating its recovery，First quarter of this year，Net profit attributable to shareholders of Ctrip Group reaches RMB 1.8 billion，A month-on-month increase of nearly 80%，Remaining profitable for three consecutive quarters。On the basis of stable profitability，The success of the secondary listing in Hong Kong further broadens Ctrip’s financing channels，Over-subscription of shares and rising stock price against the trend，Once again tested Ctrip’s background and value。

The main 188bet app download has accelerated its recovery and profitability remains stable

Affected by the epidemic，The global 188bet app download industry is still in the recovery cycle，However, in the first quarter of this year, Ctrip’s four core business lines had a significant “blood recovery” effect。Financial report display，Ctrip’s accommodation booking revenue is 1.6 billion yuan，Transportation ticketing operating income is 1.5 billion yuan，Business travel management business revenue is 2.5.2 billion yuan，The operating income of 188bet app download and vacation business is RMB 169 million。

Since the past 12 months，Ctrip’s mid- to high-end hotel booking revenue leads the growth of the entire quality leisure travel segment。March this year，Ctrip’s domestic air tickets and hotel business achieved double-digit growth compared with the same period in 2019，The 188bet app download and vacation business has also shown a trajectory from extremely popular local 188bet app download to full recovery of inter-provincial 188bet app download。Compared to February，Inter-provincial travel orders on the Ctrip platform increased by as much as 7 times month-on-month in March，The newly opened stores of Ctrip Group’s three major brands increased by nearly 10 times month-on-month，In the sinking market，Store coverage in fifth-tier cities and county-level cities reaches 70%。

Benefiting from China’s gradual recovery of social and economic activities from the COVID-19 pandemic，Ctrip’s 188bet app download travel management 188bet app download is growing rapidly，Achieved 101% year-on-year growth，And a 6% increase compared to the same period in 2019。According to the "2020-2021 China 188bet app download Travel Management Market White Paper" released by Ctrip，62.6% of companies said their travel budget will increase in 2021，This also means that Ctrip’s 188bet app download travel 188bet app download will still have large room for growth。

Although the travel restrictions at the beginning of the year had a greater impact on 188bet app download overall performance，But with the improvement of efficiency and the effective implementation of the cost reduction strategy，As of the end of the first quarter，188bet app download capital reserves (cash and cash equivalents、Restricted Cash、The balance of short-term investments and time deposits and financial products held to maturity) is RMB 66.1 billion，11% increase from the end of 2020。Stable profitability，And sufficient cash reserves further enhance 188bet app download ability to resist risks，Consolidated “deep cultivation in China，The strategic foundation of “Global Mind”。

Total order volume and user activity continue to grow, international hotel bookings return to pre-epidemic levels

From the financial report data，Benefited from the rapid growth of domestic advertising business and 188bet app download financial services business，First quarter of this year，Ctrip Group’s other business income increased by 17% compared with the same period in 2019。According to Analysys report，The travel advertising market size is expected to grow from 94.6 billion yuan (USD 14.6 billion) in 2019 to 139.3 billion yuan (USD 21.5 billion) in 2025。It can be seen from this，The innovation of the marketing system will not only bring new performance growth points to Ctrip，It will also create new valuation space for Ctrip after its secondary listing。

Since returning to Hong Kong for secondary listing，188bet app download stock price has always been stable above the issue price。One day before the financial report is released，Ctrip Group-S (9961) soared over 5% at the opening，The closing price was finally locked at 304.HKD 8，11 increase from the closing price on the first day of secondary listing.24%，Market value reaches HK4.3 billion，An increase of nearly 10% from the closing price on the first day of secondary listing。

March this year，Ctrip Group will elevate the construction of "188bet app download marketing hub" to a strategic level。The changes in 188bet app download marketing have not only changed Ctrip’s attributes as a pure trading platform，It also further inspired users’ travel inspiration。March，Ctrip’s average daily order volume increased by 50% compared with February；The average daily number of new customers on the platform achieved double-digit growth month-on-month；APP average DAU (daily activity) increased by nearly 20% month-on-month。As an important component of Ctrip’s marketing system，March，Ctrip live broadcast pre-sale GMV achieved double-digit growth month-on-month；The average number of visits to Ctrip’s live streaming rooms has increased by more than 40% month-on-month。As of the end of the first quarter，The number of travel KOLs on the Ctrip platform increased by more than 50% compared to the end of the fourth quarter of last year。

April，The platform-based attributes of Ctrip Live Broadcasting are further enhanced，More than 10 live broadcasts take turns every day，DAU of live broadcast channels on Ctrip APP increased by 100% month-on-month。As an important carrier of the “188bet app download marketing hub” strategy，The launch of “Planet” further enriches partners’ marketing channels，It also provides users with more trading channels to obtain travel inspiration and preferential products。Currently，Nearly 150 top merchants in the 188bet app download industry、Destination added to "Planet"，Ctrip’s 188bet app download marketing ecology continues to enrich。

It’s worth noting，Entering April，The recovery pace of the domestic 188bet app download market has also accelerated significantly。"Qingming" holiday，The total order volume on the Ctrip platform increased by 300% compared with the same period in 2020，"May Day" holiday，Long-distance bookings on Ctrip platform have been fully restored，The total order volume increased by approximately 270% year-on-year，An increase of more than 30% compared to the same period in 2019。While the domestic 188bet app download market is accelerating its recovery，Affected by the increasing demand for accommodation in overseas countries，In recent months，Trip.com overseas hotel bookings on international sites have also returned to pre-epidemic levels。This also means，Once the international epidemic is further controlled，Cross-border restrictions are gradually lifted，“Deeply cultivate the country，Ctrip, with a global heart, will still have greater room for value growth。