本文来自微信公众号：投资人黄海 （ID：haivcconsumer），作者：投资人黄海，题图来自：AI生成 但后来的事情大家都知道了，饿了么在并入淘宝生态后迅猛发力，现在单量都要赶上美团了。同样的逻 辑下，飞猪这次也得到了淘宝的弹药支持，在整个阿里集团里的位置也不可同日而语了。 从八月份开始，在闪购之后，飞猪也非常显眼地出现在淘宝app的首页一级菜单栏。甚至淘宝app的所有 订单被分成三类，分别是正常购物、闪购还有旅游。 除了阿里之外，旅游行业的巨头当然就是大家很熟悉的携程和美团，还有早就涉足酒店业务的抖音。外 卖三国杀之后，新一波的"旅游混战"正在酝酿。 为什么酒旅行业会成为下一个被争夺的风口呢？ 之前我发过好几篇旅游行业相关的文章，之所以关注这个领域，是因为旅游行业是目前国内为数不多的 朝阳行业。 前一段时间京东、美团、阿里的外卖三国杀非常精彩，现在另外一个行业也逐渐开始出现巨头混战的苗 头了，但是留意到这个趋势的朋友还不多。这篇文章跟大家分析一下新一轮巨头混战的行业——酒店旅 游。 前两个月，阿里巴巴宣布了一个重大的战略升级，把饿了么和飞猪这两块业务并入了淘宝。 过往很长一段时间，阿里巴巴奉行的是各个事 ...

Group 1 - The core viewpoint of the article is that Ctrip has implemented a new policy allowing research and development employees to work from home without needing direct supervisor approval, aiming to enhance work-life balance and foster a culture of trust and self-drive [1][2] - Since the introduction of the hybrid work policy in 2022, approximately 70% of Ctrip's employees have participated, resulting in around 640,000 instances of remote work [1] - Ctrip's chairman, Liang Jianzhang, advocates for the hybrid work model as a win-win for employees, companies, and society, highlighting benefits such as increased employee satisfaction, reduced traffic congestion, and improved family harmony [2] Group 2 - Ctrip is a leading one-stop travel platform globally, offering a comprehensive range of travel products and services through its various platforms, including Trip.com and Qunar [2] - The company was listed on the NASDAQ in 2003 and later on the Hong Kong Stock Exchange in 2021, indicating its significant growth and international presence [2]

Core Insights - Ctrip (TCOM) opened with a 4.08% increase, reaching $61.76 per share, with a total market capitalization of $40.367 billion as of August 13 [1] - As of March 31, 2025, Ctrip reported total revenue of 13.83 billion RMB, a year-on-year increase of 16.17%, while net profit attributable to shareholders decreased by 0.81% to 4.277 billion RMB [1] - Ctrip is set to release its fiscal year 2025 mid-term report on August 25, with the actual disclosure date subject to company announcements [1] Company Overview - Ctrip Group is a leading one-stop travel platform globally, offering a comprehensive range of travel products, services, and differentiated travel content [1] - The company assists users in exploring travel options, providing inspiration and information for cost-effective travel bookings, and offering in-trip services [1] - Established in 1999, Ctrip went public on NASDAQ in 2003 and was listed on the Hong Kong Stock Exchange in 2021, operating brands including Ctrip, Qunar, Trip.com, and Skyscanner [1] Business Operations - Ctrip's accommodation services offer over 1.7 million options, including hotels, motels, resorts, residences, apartments, homestays, inns, and other properties [2] - The flight booking service provides tickets from over 600 airlines, covering more than 3,400 airports in over 220 countries and regions [2] - The company primarily serves non-mainland Chinese users through Trip.com and Skyscanner, with Trip.com offering services in 24 languages and 35 local currencies [2] - Skyscanner provides services in over 50 countries and regions, supporting more than 35 languages [2] - Ctrip employs 36,249 staff members as of December 31, 2023 [2]

Core Viewpoint - Ctrip (TCOM) shows a 2.41% increase in stock price, reaching $62.09 per share, with a total market capitalization of $40.582 billion as of August 4 [1] Financial Performance - As of March 31, 2025, Ctrip's total revenue is 13.83 billion RMB, reflecting a year-on-year growth of 16.17% [1] - The net profit attributable to shareholders is 4.277 billion RMB, showing a slight decrease of 0.81% year-on-year [1] Company Overview - Ctrip Group Limited is a leading one-stop travel platform globally, offering a comprehensive range of travel products, services, and differentiated travel content [1] - Established in 1999, Ctrip went public on NASDAQ in 2003 and was listed on the Hong Kong Stock Exchange in 2021 [1] - The company operates major brands including Ctrip, Qunar, Trip.com, and Skyscanner, and aims to provide high-quality travel booking experiences [1] Business Operations - Ctrip's accommodation services offer over 1.7 million options, including hotels, motels, resorts, apartments, and other properties [2] - The flight booking service provides tickets from over 600 airlines, covering more than 3,400 airports in over 220 countries and regions [2] - Trip.com and Skyscanner cater to non-mainland Chinese users, with Trip.com offering services in 24 languages and 35 local currencies [2] - As of December 31, 2023, the company employs 36,249 staff members [2]