大数据显示，今年以来，俄罗斯是热度增速最快的出境游目的地之一。截至11月19日，今年俄罗斯酒店预订量同比去年增长了43%。 编辑|金冥羽 杜波 每经编辑｜金冥羽 校对|程鹏 据CCTV国际时讯，俄罗斯总统普京11月18日宣布，俄罗斯将很快对中国公民采取对等免签措施。普京表示，这将对两国经济和人文交流产生重大影响， 显著促进两国人民交流，并将积极推动两国关系快速向前发展。 去哪儿旅行指数显示，消息带动赴俄罗斯机票搜索量猛增。截至19日上午9点，北京-莫斯科航线搜索量环比前一小时猛增3.4倍，成都出发航线环比增3.2 倍，上海出发航线环比增1.1倍，深圳环比增1.4倍，杭州、重庆均增1倍以上。 每日经济新闻综合CCTV国际时讯、封面新闻 中国至圣彼得堡航线搜索量同样显示出明显增幅。增速最快的国内出发地有武汉、天津、乌鲁木齐、上海、广州等。其中武汉同比上周增14倍，天津增5 倍，乌鲁木齐增4.5倍，上海至圣彼得堡一小时增2倍，同比上周增3倍。 ...

Core Viewpoint - Citigroup's report indicates that Trip.com has shown strong booking growth in Q3, with over 60% year-on-year increase, and over 50% growth in the Asia-Pacific region, while Europe and the Middle East show encouraging momentum [1] Group 1: Financial Performance - Trip.com reported better-than-expected revenue performance in Q3, leading to an upward revision of profit forecasts for 2025 to 2027 by 1.7%, 0.3%, and 0.2% respectively [1] - The target price for Trip.com’s US stock has been raised from $85 to $86, maintaining a "Buy" rating [1] Group 2: Market Trends - The growth momentum is expected to continue into Q4 2025, despite facing a high year-on-year comparison base, driven by increased user engagement and ongoing upgrades in products and services [1] - The upcoming travel peak season is anticipated to reflect these improvements in user engagement and service offerings [1]

大华继显发表报告指，携程第三季业绩表现胜预期，营收按年增15.5%至184亿元，符合市场预期，非 公认会计原则净利达192亿元。携程预测第四季营收将按年增15至20%，符合市场预期。该行维持对 其"买入"评级，目标价由725港元轻微上调至727港元。 ...

计及海外业务增长胜预期，该行将携程今明两年收入预测分别上调1%及2%，至619亿及698亿元。同时 因应投资收益及营运杠杆改善，中金亦将其今明两年非通用会计准则净利润预测上调77%及4%，至315 亿及197亿元，维持"跑赢大市"评级，目标价上调至711.7港元，美股目标价上调至92.5美元。 中金发表研究报告指，携程上季收入按年增长16%，较市场预期高1%；非通用会计准则经营利润录61 亿元，亦较市场普遍高6%；非通用会计准则净利润达192亿元，大幅超越市场预期。 ...

Core Insights - Ctrip Group reported significant growth in revenue and profit for Q3 2025, driven by strong global travel demand and robust international business performance [1] - The company's net operating revenue reached 18.3 billion RMB, a 16% increase year-over-year and a 24% increase quarter-over-quarter [1] - Net profit soared to 19.9 billion RMB, up approximately 193% compared to the same period in 2024, and a substantial increase from 4.9 billion RMB in the previous quarter [1] Revenue Breakdown - International OTA platform bookings increased by about 60% year-over-year, with inbound travel bookings more than doubling [1] - Outbound hotel and flight bookings reached 140% of the levels seen in the same period of 2019 [1] - Accommodation bookings, the main revenue driver, generated 8 billion RMB, reflecting an 18% year-over-year growth [1] - Transportation ticketing revenue was 6.3 billion RMB, a 12% increase year-over-year [1] - Travel vacation business revenue was 1.6 billion RMB, showing a slight 3% year-over-year increase but a significant 49% increase quarter-over-quarter [1] - Business travel management revenue reached 756 million RMB, up 15% year-over-year [1] Strategic Focus - Ctrip's leadership emphasized the importance of leveraging artificial intelligence to optimize travel experiences and enhance service capabilities [2] - The company aims to build a vibrant and interconnected international tourism ecosystem through collaboration with partners [2]

周二，携程网(TCOM.US)涨3%，报73.04美元。财报显示，今年第三季度，携程净营业收入约183亿 元，同比增长16%；归母净利润约199亿元，同比增长192.6%；经调整EBITDA(息税折旧及摊销前利润) 约63.46亿元。第三季度携程国际OTA平台总预订同比增长约60%，其中入境旅游预订同比增长超过 100%，出境酒店和机票预订已全面超越2019年疫情前同期140%水平。 ...

Core Insights - Ctrip (TCOM.US) experienced a pre-market increase of approximately 3.7%, reaching a peak of $73.5 [1] - The company reported third-quarter net operating revenue of 18.3 billion yuan, a year-on-year increase of 16% [1] - Net profit for the quarter was 19.9 billion yuan, significantly up from 6.8 billion yuan in the same period of 2024 [1] International Business Performance - Ctrip's international business showed strong performance, with total bookings on the international OTA platform increasing by approximately 60% year-on-year [1] - Inbound travel bookings surged by over 100% year-on-year [1] - Bookings for outbound hotels and flights have risen to 140% of the levels seen in the same period of 2019 [1] Technological Advancements - Ctrip's Chairman Liang Jianzhang revealed that the company is enhancing the entire travel service process through artificial intelligence technology [1] - The improvements span from itinerary planning to real-time bookings, smart customer service, and personalized recommendations [1] - The technological empowerment has significantly enhanced user experience [1]

智通财经APP获悉，周二，携程网(TCOM.US)涨3%，报73.04美元。财报显示，今年第三季度，携程净 营业收入约183亿元，同比增长16%；归母净利润约199亿元，同比增长192.6%；经调整EBITDA(息税折 旧及摊销前利润)约63.46亿元。第三季度携程国际OTA平台总预订同比增长约60%，其中入境旅游预订 同比增长超过100%，出境酒店和机票预订已全面超越2019年疫情前同期140%水平。 ...

从各业务分部来看，携程的核心业务均保持了增长态势。住宿预订作为营收主力，收入达80亿元人民币 （约11亿美元），同比增长18%。交通票务收入为63亿元人民币（约8.86亿美元），同比增长12%。旅 游度假业务收入16亿元人民币（约2.26亿美元），同比小幅上升3%，但环比大幅增长49%，显示旅游套 餐产品季节性需求旺盛。商旅管理业务收入7.56亿元人民币（约1.06亿美元），同比增长15%。 深圳商报·读创客户端记者 范宏韬 11月17日，携程集团公布了2025年第三季度业绩公告。财报显示，受全球旅游需求持续旺盛，国际业务 强劲增长的驱动，营收与利润均实现显著提升。 2025年第三季度，携程集团净营业收入达到183亿元人民币（约合26亿美元），较2024年同期增长 16%，环比上一季度大幅上升24%。携程净利润高达199亿元人民币（约合28亿美元），相较于2024年 同期的68亿元人民币，同比激增约193%，环比上季度的49亿元人民币也呈现跨越式增长。此外，经调 整EBITDA（税息折旧及摊销前利润）为63亿元人民币（约合8.92亿美元），同比和环比均保持增长。 值得注意的是，携程的国际业务表现成为本季财报中 ...

Core Insights - Ctrip Group reported a net revenue of 18.338 billion yuan for Q3 2025, representing a year-on-year increase of 15.53% driven by strong travel demand [1] - The company experienced growth across all major business segments, with accommodation booking revenue increasing by 18.3%, transportation ticketing revenue by 11.61%, vacation revenue by 3.08%, and business travel management revenue by 15.24% [1] - Ctrip's international OTA platform bookings grew approximately 60% year-on-year, with inbound tourism bookings more than doubling [1] Financial Performance - Ctrip achieved a net profit of 19.919 billion yuan in Q3, significantly up from 6.823 billion yuan in the same quarter of 2024 and 4.88 billion yuan in the previous quarter [1] - Adjusted EBITDA for the quarter was 6.346 billion yuan, an increase from 5.68 billion yuan year-on-year and 4.88 billion yuan quarter-on-quarter [1] - The substantial increase in net profit was primarily due to the disposal of certain investments, with "other income" reported at 17.032 billion yuan compared to 1.781 billion yuan in the previous year [2] Cost and Investment - Operating costs for Q3 were 3.359 billion yuan, up 19.96% year-on-year, aligning with the revenue growth trend [2] - Research and development expenses rose by 12.17% to 4.083 billion yuan, while sales and marketing expenses increased by 23.63% to 4.181 billion yuan [2] - As of September 30, 2025, Ctrip held cash and cash equivalents, restricted cash, short-term investments, and term deposits totaling 107.7 billion yuan [2]