Ctrip Q4 revenue hits $1.75B, up 23.5% YoY
Ctrip has posted strong financial results for Q4 and full-year 2024. In Q4, net revenue reached 12.77 billion RMB ($1.75 billion), up 23.5% YoY, with net profit of 2.16 billion RMB ($295 million), a 66.31% increase. Full-year net revenue totaled 53.38 billion RMB ($7.3 billion), a 19.78% growth, and net profit rose 72.08% to 17.07 billion RMB ($2.3 billion). Accommodation bookings grew by 33% in Q4, while transportation ticket sales rose 16%. The company saw significant growth in cross-border travel, with outbound bookings up 20% compared to 2019, and inbound bookings more than doubling. Ctrip’s international platform saw a 70% growth in hotel and flight bookings.