|Bid||28.55 x 1000|
|Ask||28.57 x 900|
|Day's Range||27.92 - 28.84|
|52 Week Range||25.00 - 51.91|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||40.11|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.37|
Nov.29 -- As the U.S. President Donald Trump and Chinese President Xi Jingping prepare to meet in Buenos Aires this weekend, CEO of Chinese online travel agent Ctrip, Jane Sun, weighs in on the impact the rising tension has on the tourism sector. She exclusively spoke to Bloomberg's China Correspondent Tom Mackenzie on the sidelines of Fortune Global Tech Forum in Guangzhou, China.
Ctrip, Asia's leading online travel agency today announced the celebration of its 15th Anniversary of its listing on NASDAQ. To commemorate the occasion, the company remotely rang the NASDAQ opening bell in Shanghai. The bell ringing celebration ceremony, which was attended by Jane Sun, Ctrip CEO, James Liang, Ctrip Chairman, investors and travel partners celebrated Ctrip’s business achievements over the last 15 years as well as the challenges it has overcome.
Because of the massive amount of capital they manage (over $3 trillion), hedge funds’ collective buying and selling activity can have a significant effect on the direction of the overall market as well as that of individual stocks. Heading into the market turmoil of Q4, equity hedge funds’ exposure to the S&P 500 was at […]
Amid an overall market correction, many stocks that smart money investors were collectively bullish on tanked during the fourth quarter. Among them, Amazon and Netflix ranked among the top 30 picks and both lost around 20%. Facebook, which was the second most popular stock, lost 14% amid uncertainty regarding the interest rates and tech valuations. […]
SHANGHAI , Dec. 6, 2018 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate ...
Offering comprehensive travel services for flights, hotels and trains to millions of members worldwide, Trip.com allow customers access to a large inventory of over 1.2 million accommodation choices. Car rentals and airport transfer services are offered across all major destinations globally, and the site’s Things To Do section features over 21,000 travel products, including tickets, tours and popular activities in more than 50 cities. Lynn Qu, VP of Product at Trip.com said, “We are delighted to expand Trip.com’s global footprint, bringing our award-winning travel app and world-class service to customers in more markets.
Smart hotels in China will have facial recognition to check in, smart keys on phones to switch on appliances, and other robotic technology, predicts Jane Sun, CEO of online travel agency CTrip. The Chinese are willing to try new things and young people will be excited to see a "Star Wars" kind of futuristic theme designed into hotels, Sun says. Smart hotels in China will use robots to carry luggage, install facial recognition for easier check-ins, and use smart keys on phones to turn on air conditioning, predicts Jane Sun, CEO of CTrip, one of China's largest online travel services company.
The travel company had 63.3 billion yuan ($9.1 billion) in cash and cash equivalents as of Sept. 30, 2018. “The market is cooling down a lot,” Ms. Wang said. The company plans to offer more packaged deals consisting of flights, train tickets and hotel nights both inside and outside of China, said Ms. Wang.
Below is the transcript of a CNBC interview with Jane Sun, CEO, CTrip and CNBC's Geoff Cutmore. The interview took place at CNBC's inaugural tech conference, East Tech West, in Nansha, Guangzhou.
The rationale behind the selloff in China stocks is pretty straightforward. The China economy has been flashing warning signs of cooling off for several months, while the U.S. dollar has concurrently strengthened. Amid this economic slowdown and U.S. dollar uptick, U.S. and China trade tensions have not improved, and the probability of bigger and more wide-sweeping tariffs coming in 2019 is now quite high.
Currently, Expedia’s (EXPE) PE multiple stands at 20.63x. At its current multiple, the stock is trading at a premium valuation to its peers Booking Holdings (BKNG) and Ctrip.com International (CTRP) and at a discount to TripAdvisor (TRIP). Booking Holdings, Ctrip, and TripAdvisor have PE multiples of 20.05x, 17.07x, and 39.44x, respectively.
Analysts expect Expedia (EXPE) to continue to benefit from an environment of healthy travel demand. The company’s three consecutive quarters of better-than-expected results have increased analysts’ confidence in its stock.
Lodging accounted for 72% of Expedia’s (EXPE) third-quarter revenue, and it remains the most important contributor to Expedia’s top line. Expedia’s lodging revenue rose 12% YoY (year-over-year) in the quarter. This growth came as a result of a 13% YoY increase in room nights, and it was partially offset by a 1% fall in revenue per room night.
Expedia’s (EXPE) revenue rose 10.5% YoY (year-over-year) to $3.28 billion in the third quarter. Its revenue is divided into four segments: Core OTA, Egencia, HomeAway, and Trivago.
Expedia (EXPE) reported mixed third-quarter results in October. Its EPS surpassed analysts’ estimate, but its top line missed the estimate. However, the company marked YoY (year-over-year) improvements on both counts.
In the last decade, the dynamics of the travel industry have drastically changed. More and more travelers are moving to online travel booking agencies rather than traditional ones. In the past few years, online travel booking agencies have gained significant momentum due to increased mobile and online penetration across the world.
Expedia (EXPE) could be an intriguing stock to watch, according to Wall Street analysts’ latest ratings. Given Wall Street’s one-year forward price target of $148.07, EXPE has a potential upside of 32.7% from its current price of $111.62. The optimism surrounding Expedia stock can be attributed to its back-to-back quarters of strong bottom line results.
Investing.com - Tongcheng-Elong Holdings Ltd, a Chinese travel website backed by tech giant Tencent Holdings Ltd (HK:0700), raised a total of $180 million from an IPO in Hong Kong.
Jane Sun, CEO of Ctrip, the largest online travel agent in Asia met with Ms. Fumiko Hayashi, Mayor of Yokohama, Japan on the 19th of November, 2018. 2018 marks the 45th Anniversary of Shanghai and Yokohama becoming sister cities. The capital of Kanagawa Prefecture, Yokohama is the second largest city in Japan after Tokyo.