Zheng Quan Shi Bao Wang·2025-11-18 00:54Core Insights - Ctrip Group reported a net operating revenue of 18.3 billion RMB (approximately 2.6 billion USD) for Q3 2025, representing a 16% year-over-year increase, driven by sustained global travel demand [2] - The net profit for the quarter reached 19.9 billion RMB (approximately 2.8 billion USD), a significant increase from 6.8 billion RMB in the same quarter of 2024 [2] Business Segment Performance - Accommodation booking revenue was 8 billion RMB, up 18% year-over-year, attributed to an increase in booking volume [2] - Transportation ticketing revenue reached 6.3 billion RMB, a 12% increase, driven by growth in ticket bookings [2] - Vacation travel revenue amounted to 1.6 billion RMB, reflecting a 3% year-over-year growth [2] - Business travel management revenue was 756 million RMB, up 15%, mainly due to an increase in business travel orders [2] International Business Highlights - Ctrip's international business showed remarkable performance, with total bookings on the international OTA platform increasing by approximately 60% year-over-year [2] - Inbound tourism bookings more than doubled, with a year-over-year growth exceeding 100% [2] - Bookings for outbound hotels and flights reached 140% of the levels seen in the same period of 2019 [2] Executive Commentary - The Executive Chairman of Ctrip, Liang Jianzhang, noted the strong summer travel demand driven by travelers' enthusiasm for exploring the world, emphasizing the use of artificial intelligence to optimize travel processes [3] - The CEO, Sun Jie, expressed satisfaction with the strong performance in Q3, particularly in cross-border travel, and highlighted the commitment to empowering partners to enhance service capabilities and seize growth opportunities [3]