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Ctrip Expects Rising Costs to Nibble at Its Margins

By Sean O’Neill, Skift

Bloomberg

Shown here is CEO Jane Sun of Ctrip, an online travel agency. On Thursday, Ctrip reported its third-quarter 2018 financial results showing it had beat investor expectations for revenue despite competitive pressures. Bloomberg

Skift Take: Ctrip’s revenue growth has remained in line with forecasts, but its costs are rising. More interestingly, the online travel giant has branched out into hotel management by providing data services and marketing support to franchisees for a new brand, Rezen.

— Sean O’Neill

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