Ctrip's corporate travel management services generated September quarter revenues of US$9 million, up 25 percent from a year earlier. - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

November 06, 2012 - 08:00 AM ET

Ctrip's corporate travel management services generated September quarter revenues of US$9 million, up 25 percent from a year earlier. The Chinese travel company cited "increased corporate travel demand from business activities." Corporate travel services represented 4 percent of Ctrip's total revenue. The company posted net income of US$31 million, down from US$328 million in the September 2011 quarter due in part to large jumps in product development, sales and marketing expenses.

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
Carlson Wagonlit Travel's specialist energy and resource services division announced three executive appointments.... read more »
Delta Air Lines named Steven Larkin to a new sales director position responsible for corporate and agency accounts in Canada.... read more »
ATPI Group grew its travel and events management network with the addition of Romania's Business Travel Turism.... read more »
GlobalStar Travel Management added Australia's Concierge Business Travel to its network.... read more »
Former Ikea global travel purchaser Yves Galimidi has joined TCG Consulting as European engagement manager,... read more »
GlobalStar Travel Management added as a partner Singapore's Corporate Travel Services.... read more »
ECommission Solutions named its first chief technology officer and hired GDSX veteran Damar Christopher to serve as vice president of client services.... read more »
CWT Meetings & Events U.K. and Ireland named Julie Norburn commercial director, effective later this month.... read more »
BCD Travel on Wednesday announced the promotion of David Coppens to the newly created position of executive vice president for global operations.... read more »
Travel agency veteran Kerin McKinnon joined AmTrav as vice president of strategic sales.... read more »
Travel management consulting firms GoldSpring Consulting and Partnership Travel Consulting announced "a strategic partnership."... read more »