Traditional Culture Encyclopedia - Hotel reservation - What does Ctrip do?

What does Ctrip do?

Ctrip is Ctrip.com.

China's leading online ticketing service company, founded in 1999, is headquartered in Shanghai, China. Ctrip. Com has more than 5000 member hotels at home and abroad for booking. It is the leading hotel reservation service center in China, with a monthly hotel reservation volume of over 500,000 nights. Ctrip.com has branches in Beijing, Guangzhou, Shenzhen, Chengdu, Hangzhou, Xiamen, Qingdao, Nanjing, Wuhan, Shenyang, Nantong and Sanya, with more than 10000 employees.

As a leading online travel service company in China, Ctrip. Com has successfully integrated the high-tech industry with the traditional tourism industry, providing more than 40 million members with all-round tourism services, including hotel reservation, air ticket reservation, holiday reservation, business travel management, preferential merchants, tourism information, etc. It is regarded as a model of seamless integration of the Internet and traditional tourism.

Ctrip's business has developed steadily and its profitability is excellent. Com was successfully listed on NASDAQ in February 2003.

Holiday supermarket provides nearly a thousand holiday routes, covering many destinations at home and abroad. It is the leading holiday travel service network in China, starting from Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou and Chengdu. VIP members can also enjoy discounts as low as 60% in nearly 3,000 preferential merchants in major business travel cities across the country. In addition to providing rich tourism information on its own website, Ctrip.com also commissioned the publication of a series of tourism books, Ctrip to China, and a monthly travel magazine, Ctrip Free Travel.

It occupies more than 50% market share of online travel in China and is an absolute market leader. The main competitors are E Long, which has been controlled by the world's largest online travel company, and Youyou.com and mango net, which are backed by large state-controlled travel groups, with abundant funds and rich tourism resources. However, the three major competitors are not strong enough to fight Ctrip.