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
American Airlines on March 28 will begin to merge US Airways Dividend Miles into its AAdvantage frequent-flyer program,... read more »
Travel agency alliance AllStars Travel Group appointed Kim Doran director of risk management, security and compliance.... read more »
American Express Global Business Travel named CityJet CEO Christine Ourmieres-Widener as its chief global sales officer.... read more »
Expense management provider Certify upgraded its mobile application to support the 64 languages... read more »
Carlson president and CEO Trudy Rautio will retire in May, the company announced Thursday.... read more »
Former Salesforce.com senior director of global travel, meetings and expense Ralph Colunga has joined Concur as senior director of global travel.... read more »
JetBlue Airways promoted Marty St. George to executive vice president of commercial and planning, a position that includes leading JetBlue's sales, marketing and revenue teams,... read more »
Travel and Transport named Brian Beard general manager of strategic initiatives.... read more »
American Express Global Business Travel appointed two technology executives, reporting to chief technology officer Philippe Chereque.... read more »
Christie Hicks, senior vice president of Starwood Hotels & Resorts' sales organization, will step down after 15 years with the company,... read more »
GoldSpring Consulting acquired travel management consulting firm Management Alternatives,... read more »