June 28，Ctrip Group (Nasdaq: TCOM and Hong Kong Stock Exchange: 9961) announced unaudited financial results for the first quarter ended March 31, 2022，188bet sports betting senior management team during the conference call after the financial report was released，Explanation of this quarter’s results。

“Since the epidemic，The 188bet sports betting industry continues to face challenges。”Co-founder of Ctrip Group、Chairman of the Board of Directors Liang Jianzhang bluntly stated，Global markets are recovering strongly，But the domestic epidemic outbreak in March affected many areas，Greatly inhibited the performance of the 188bet sports betting industry。at“Deeply cultivated in China，Thinking of the world”Under the strategy，Ctrip continues to strengthen its internal strength in the first quarter、Flexible，Promoting domestic products in depth、Service and business efficiency at the same time，Grasp the positive signals from overseas，Accelerate the internationalization process。

Sun Jie, CEO of Ctrip Group, also said，The group’s performance 188bet sports betting first two months of 2022 is solid，And showed considerable resilience 188bet sports betting subsequent rapid changes 188bet sports betting market；Also，Ctrip is fulfilling corporate responsibility、Creating value for users and industry partners，also showed“Social enterprise”’s responsibility。“We are fully prepared to further cooperate with global destinations，Strengthen market position、Gain market share。”

Precipitated value empowers users and businesses，Actively assist Shanghai in fighting the 188bet sports betting and ensuring supply

First quarter of 2022，Ctrip Group’s net operating income is 4.1 billion yuan，Adjusted EBITDA is 91 million yuan，The overall performance is higher than 188bet sports betting expectations。

Look at the details，Affected by the domestic epidemic outbreak in March，Ctrip’s first quarter performance showed an overall trend of highs and lows。Introduction to Liang Jianzhang，“The performance of the Chinese market 188bet sports betting first two months is encouraging。January and February，Our domestic hotel bookings are outperforming the market，Over 20% year-on-year growth。”The entire first quarter，Ctrip’s domestic hotel bookings are close to the same period in 2021，Flight bookings are also recovering faster than the market。

Recent，With the domestic epidemic under effective control，Local travel and inter-provincial travel are also experiencing an accelerated recovery。Introduction to Sun Jie，Hotel bookings in South China and West China have exceeded the same period in 2019 188bet sports betting past month。As the epidemic situation eases，188bet sports betting past two weeks，Ctrip’s domestic hotel bookings also exceeded 2019 levels。

In addition to actively carrying out self-rescue，Ctrip also continues to make breakthroughs in terms of user and merchant value，The accommodation business provides a classic case。“To enhance user scenarios、Response to users’ needs for better services and discounts，We continue to improve our 188bet sports betting value-added package products”。Introduction to Sun Jie，As of now，The high-star 188bet sports betting packages on Ctrip platform have covered more than 10,000 hotels。High-star 188bet sports betting packages contributed more than 40% of bookings to participating hotels，Bring more incremental growth to 188bet sports betting partners。

While adding value and empowering users and industry partners，Ctrip continues to take an active role in social responsibility。From the beginning of the local 188bet sports betting outbreak in Shanghai in March，Ctrip Group has set up an emergency working group led by Group CEO Sun Jie，Proactively assist relevant departments in Shanghai to ensure the accommodation of medical teams and supply companies from all over the country。

Among them，Nearly a hundred employees from Ctrip’s accommodation team conducted rolling room inquiries at 2,095 hotels in the city during the Qingming Festival，Nearly 25,000 new rooms have been added，Provide accommodation guarantee for Shanghai medical team；Ctrip’s business travel team has helped approximately 6,800 corporate personnel to ensure supply，Contributed 160,000 room nights。Ctrip’s rural 188bet sports betting revitalization plan is also advancing steadily this quarter，There are currently 9 fake farms in operation。

Global 188bet sports betting recovers rapidly，The dawn of domestic 188bet sports betting recovery in June

According to incomplete statistics，Currently, about 60 countries and regions around the world have lifted all entry restrictions related to the new coronavirus 188bet sports betting。Benefit from this，Ctrip’s international travel business is recovering strongly。

“188bet sports betting international market，We are pleased to see strong travel demand in many countries，Especially Europe and Asia Pacific performed well，Global markets are recovering from the epidemic。After these countries decided to significantly lift travel restrictions，The business performance of our international platform is outstanding”。Liang Jianzhang said。

From the perspective of Ctrip’s international hotel business，The overall hotel booking volume on the international platform 188bet sports betting first quarter increased by approximately 25% compared with the same period in 2019。Trip.com brand’s local air ticket bookings in overseas markets increased by more than 200% compared with the same period in 2019，Exceeds the industry average in major markets。Ctrip’s order volume for overseas destination entertainment products，The first quarter of 2022 also maintained a rapid year-on-year growth of more than 3 digits。

“The upward trend of the international market continues to strengthen in the second quarter。”Ctrip’s senior management team released a relatively positive signal regarding the international business performance in the second quarter of this year。For domestic market，Based on the recent domestic epidemic situation continuing to decline steadily、The National Health Commission reiterates epidemic prevention and control“Nine mistakes”request、Inter-provincial travel has almost fully resumed，Ctrip’s various businesses are also gradually picking up around the big curve of the 188bet sports betting economy’s recovery: late June，The overall domestic air ticket orders increased by more than 80% compared with the same period last month。

Liang Jianzhang also expressed his expectations for the recovering domestic market: “Although the domestic market may be relatively weak in the second quarter due to the impact of the epidemic，There will still be twists and turns in the 188bet sports betting industry in the short term，But as the epidemic situation improves，User confidence and willingness to travel will continue to increase，Ctrip’s domestic hotel bookings in the past few weeks have exceeded the same period in 2019。As travel restrictions further lifted，The Chinese market recovery trend is expected，The 188bet sports betting industry still has great potential in the future。”