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Ctrip Reports Increased Online Travel Income, Expects Slower China Growth

Aggregated Source: China Hospitality News
August 14, 2008|

Chinese Internet travel website Ctrip.com (<a href="http://www.chinatechnews.com/stocks.php?Symbol=CTRP">CTRP</a>) posted its unaudited financial results for the quarter ended June 30, 2008 and said net revenues were CNY375 million, up 30% year-on-year, but the company only expects third quarter growth to be in the range of 15-20%. "Although the travel industry in China encountered many difficulties during the second [...]

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