Ctrip Group turned a year -on -year losses in the second quarter, and the increase in overseas business contributions increased

Author:Dahe Cai Cube Time:2022.09.22

[Dahe Daily · Dahecai Cube] (Reporter Chen Wei) On September 22, Ctrip Group released unaudited financial results as of the second quarter of June 30, 2022. Affected by the repeated domestic epidemic, Ctrip Group's net operating income in this quarter was 4 billion yuan, a year -on -year decrease of 32%and a decrease of 2%month -on -month.

However, due to the continuous growth of overseas business, Ctrip achieved a net profit of 43 million yuan in the second quarter. In the same period last year, it was a net loss of 659 million yuan, a year -on -year loss.

In terms of sub -business, in the second quarter of 2022, Ctrip's accommodation revenue was 1.4 billion yuan, a year -on -year decrease of 45%, and a 6%decrease from the previous month. Mainly due to the recovery of overseas market air ticket business; operating income of tourism and vacation business was 122 million yuan, a year -on -year decrease of 67%and a decrease of 2%month -on -month. 5%.

Ctrip said in the financial report that due to the impact of the epidemic, a number of domestic businesses were relatively low in April and May, and they rebounded rapidly in June. Taking accommodation booking as an example, Ctrip data shows that, from mid -May to the end of June, South China and West China Hotels, which are less affected by the epidemic, took the lead in recovery, exceeding the same period of 2019; Restore and exceed the same period in 2019.

In response to the changes in the domestic travel market, Ctrip has accelerated a number of emerging businesses this year. Local hotel demand is the main force of pulling Ctrip's accommodation reservation. In the second quarter of this year, the local hotel reservation of Ctrip Group increased by more than 30%compared with the same period in 2019. In the first half of this year, Ctrip's domestic car rental business transaction volume increased by more than 90 % compared with the same period in 2019. In the second quarter, the transaction volume of private group products increased by nearly two times the month -on -month.

At the same time, overseas businesses have also maintained high -speed growth in the second quarter, and operating income contribution has continued to increase, especially Ctrip's revenue in Europe and the United States has exceeded the same period in 2019.

In the second quarter, Ctrip International Trip.com's ticket booking volume increased by about 680%year -on -year, and the overall ticket reservation in July has returned to about 90%before the epidemic; local hotel reservations increased by 300%compared to 2019, compared with the first quarter of this year this year The growth rate of recovery was 50%higher; ticket sales increased by more than 100%compared with the same period in 2019, and the product coverage rate increased by more than 500%compared with the same period of the previous year. In the first half of this year, the transaction volume of car rental business increased by more than 7 times year -on -year.

From a geographical point of view, in the second quarter, Europe was the fastest market for Ctrip's international business. The hotel reservation increased by nearly 400%year -on -year, and the ticket reservation was also close to 2019. In addition, in Hong Kong, South Korea, Singapore, Malaysia, the United States, and the United Kingdom, the overall hotel reservation of Ctrip showed a 3 -digit increase compared with 2019.

Ctrip introduced the implementation of the "Tourism Marketing Hub" strategy in the financial report. According to Ctrip, in the second quarter, the average daily user creation content of the Ctrip platform increased by 16%year -on -year, the number of KOL increased by 17%from the previous quarter, and the average user viewing volume increased by about 50%month -on -month. In the second quarter, the direct transaction volume in the Ctrip Star Flagship store increased by 31%month -on -month.

Responsible editor: Tao Jiyan | Review: Li Zhen | Director: Wan Junwei

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