Core Viewpoint - Ctrip Group's stock rose nearly 4% following the release of its Q3 2025 earnings report, reflecting strong performance driven by increased global travel demand [1] Financial Performance - Ctrip's net operating revenue for Q3 reached 18.3 billion RMB (approximately 2.6 billion USD), marking a 16% increase compared to the same period last year [1] - The company's net profit for the quarter was 19.9 billion RMB (around 2.8 billion USD), significantly up from 6.8 billion RMB in Q3 2024 [1] International Business Growth - Ctrip's international business showed remarkable growth, with total bookings on its international OTA platform increasing by approximately 60% year-on-year [1] - Inbound tourism bookings surged by over 100% compared to the previous year [1] - Bookings for outbound hotels and flights have reached 140% of the levels seen in the same period of 2019 [1]

Core Insights - Ctrip Group reported a net revenue of 14.843 billion RMB for Q2 2025, representing a year-on-year increase of 16.22% [1] - The net profit attributable to shareholders for the same quarter was 4.846 billion RMB, showing a year-on-year growth of 26.43% [1] Revenue Breakdown - Accommodation booking revenue for Q2 2025 reached 6.2 billion RMB, reflecting a year-on-year increase of 21% and a quarter-on-quarter growth of 12% [1] - Transportation ticketing revenue was 5.4 billion RMB, with a year-on-year increase of 11% and stable quarter-on-quarter performance [1] International and Inbound Tourism - Ctrip's international OTA platform bookings grew by over 60% year-on-year in Q2 2025 [1] - Inbound tourism bookings saw a remarkable increase of over 100% year-on-year, driven primarily by demand from South Korea and Southeast Asia [1]