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Listed Group Author of this article: Zhihui 2024-08-27
Second Quarter,Ctrip’s outbound hotel and air ticket bookings have fully recovered to the same period in 2019。
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August 27,Ctrip Group (NASDAQ: TCOM;HKEx:9961) announces its unaudited financial results for the second quarter of 2024。Second Quarter,Ctrip is based on a historically high base,Achieve steady growth,Net income 12.8 billion yuan。In today’s financial report meeting,Ctrip will apply AI Agent for the first time in the industry,Show the company’s commitment to innovation,And a strong 188bet app download commitment to using new technologies to drive change in the tourism industry,And introduce the specific results of AI implementation——Two content products。

“In travel demand,Especially with the strong growth in cross-border tourism demand,Second quarter of 2024,We achieved sustained growth。”Co-founder of Ctrip Group、Said Liang Jianzhang, Chairman of the Board,“This strong performance demonstrates our ability to adapt in a dynamic market。Looking to the future,We will go all out,Using artificial intelligence to innovate the tourism industry,Create excellent value experience for customers。”

Second Quarter,Ctrip’s businesses continue to grow,Among them,Hotel booking business revenue 5.1 billion yuan;Transportation ticketing business revenue 4.9 billion yuan;Tourism and vacation business income 1 billion yuan;188bet online sports betting Business travel business income 6.300 million yuan。Meanwhile,Product R&D expenses are RMB 3 billion,Approximately 23% of net revenue。

Second Quarter,Cross-border travel is a major growth point in the tourism market,Promoting Ctrip to go abroad、Inbound and overseas platform business grows rapidly。Outbound travel,Second Quarter,Ctrip’s outbound hotel and air ticket bookings have fully recovered to the same period in 2019。Inbound tourism,Ctrip is paying、Scenic spot tickets、Accommodation、Innovative products in group travel and other fields,Also coordinate with destinations to carry out overseas marketing, etc.,Tell the story of China’s tourism,Good service to overseas tourists traveling to China。

Aiming at high-growth potential market segments in the tourism industry such as silver-haired people and young people,Ctrip also links with partners,Provide differentiated 188bet app services for the above groups,Discover new growth points。“Ctrip Friends Club”Brand,Has cooperated with more than 1,600 hotels in more than 40 popular destinations across the country,Providing more than 4,000 hotel + package products,Exclusive products and services,Meet the travel needs of senior people。At the same time,Ctrip Innovation“Performance + Travel”Development of new tourism products such as,Concert coverage、Music Festival、Exhibition、Event、Film festival and other scenes,Ticket + hotel、Tickets + transportation and other services,Win the favor of young users。

Ctrip continues to invest in AI and ESG,Enhance sustainable development capabilities,Optimize products and services with AI technology,Inspiring users、Travel Guide、Itinerary planning、After-sales service 188bet Online Sports Betting and Casino and other dimensions,Unleash creativity。At the same time,Ctrip continues to promote family-friendliness、Environmentally friendly、Community Friendly、Established ESG strategies such as ecological chain friendliness,Industry-leading ESG fulfillment practices,Changed Ctrip’s MSCI rating from“BB”Leap two levels to“A”。

“We are pleased to see strong growth in our travel business,China’s tourism consumption demand is still strong。”Sun Jie, CEO of Ctrip Group said,“The optimistic market outlook inspires our enthusiasm for continuous innovation and implementation of new plans。By working closely with our partners,We are confident of achieving more brilliant results in the future。”

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