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Ctrip's Lowered Pace of Revenue Growth Reflects a New Normal  Skift

In other words, the companies are increasingly trying to sign up the same hotels, which creates conditions for a price war. One bright spot is that the prospect of a trade war with the U.S. and coinciding uncertainty in China’s domestic economy has not significantly impacted outbound Chinese tourism booked through Ctrip, according to the company. Unfavorable currency exchange rates may have modestly affected the choice of countries that Chinese travelers visited. Ctrip may have already collected a lot of the low-hanging fruit of relatively price-insensitive, high-income, internet-savvy, frequent travelers who are core to its customer base. As the company moves to attract customers who have average incomes and less familiarity with booking online, it faces increased expenses. The company has boosted its sales and marketing expenses to 31 percent as a share of revenue in second-quarter 2018. That’s up notably from 22 percent as a share of revenue in the second quarter of 2013, as part of a sequentially higher trend over time. Some of the company’s promotional efforts included the recent creation of a loyalty program for its users for access to discounts at “tens of thousands” of domestic Chinese hotels. To stand out from competitors and improve its brand reputation with consumers, Ctrip upgraded its service guarantee for several products. This year it began to promise a full refund for visa and related air ticket fees in case customers’ visa applications are denied for international travel.

For the original version including any supplementary images or video, visit https://skift.com/2018/09/06/ctrip-second-quarter-2018-earnings/

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Simple Tips And Tricks For Stress-Free Travel


Traveling is a great way to learn more about the world. Travel offers the opportunity to become acquainted with fascinating people and cultures while getting away from the routines and trials of daily life. By implementing some of these useful tips, you can have a great trip and get inspired for future ones.

Depending on where you travel, there may be some medical requirements before you are allowed entry. If this is the case, ensure that you have the proper documentation stating that you have been treated for all possible illnesses that they claim you should have received a shot for. You will need proof if so. You may be quarantined if you cannot produce the certificates as proof.

If you are worried about someone entering your room at night, you should bring a door stop with you. They don't take up a lot of space, but they are great for keeping doors shut.

You should locate a hotel that in the city of port for your cruise that accommodates all your needs like parking. You can stay there the night before your cruise. Always ask the hotel staff for the policies and pricing on parking at the hotel and whether deals are available.

If you are traveling to a specific attraction, such as an amusement park, see if you can purchase tickets online, and print them in advance. There is a small fee associated with purchasing tickets online; however, the time saved at the ticket booth will make it worth the cost. Timed entry is another option that can allow you to bypass long lines to pay for admission.

Check the alarm in your hotel room when you arrive. Many people have been awakened up by early hotel alarm clocks because they were still set on the old alarm. To be sure you can rest, check that the alarm is either off or set to the time in which you want to wake up.

Allow a family member access to your travel itinerary. This will ensure that someone knows where you are. Don't forget to stay in touch with this person so they know you are safe. This provides you with a level of protection.

Tip the bell boy and housekeeper when staying in a nice place. It is usually acceptable to pay $1 for each bag that you have, and about $2-$5 each day for housekeeping. Tipping the people who assist you during your stay will help to develop a relationship with the staff, and entice them to provide you with optimum service.

Just keep in mind you will probably pay more and it doesn't really save that much space. Try to find a better and more space efficient way to pack your clothes. Trying out different folding techniques will allow more to fit in your bag.

Sign up for forums and social websites that focus on travel. Locating a group of fellow travelers to socialize and share experiences with gives you a great way to research an upcoming trip. This will put you in a group of people who share similar experiences.

Make sure that you do not travel during rush hour. If you must travel during rush hour, plan for delays. The kids can stretch their legs or you can all eat something.

Cash your traveler's checks prior to buying anything, even food. Though lots of places will accept the checks, it can be a hassle. You may get shorted by using them, so use local currency when spending.

Traveling allows you to experience everything the world has to offer. After taking the preceding tips and suggestions to heart, virtually any traveler can experience an unforgettable journey that will set the stage for a lifetime of amazing excursions. ทัวร์ญี่ปุ่นเกาหลี ราคาประหยัด ทัวร์ญี่ปุ่น บินเชียงใหม่ ทัวร์ญี่ปุ่น กับบริษัทไหนดี โปรแกรม ทัวร์ ญี่ปุ่น โปร โม ชั่ น ตั๋ว เครื่องบิน ราคา ถูก