Ctrip Q1 2015 Earnings Preview: Strategic Alliances And Open Platform In Focus

Ctrip has guided to a net revenue growth of 40%-50% for Q1 2015. The company admitted that currently the Chinese online travel market environment is aggressively competitive. However, with its innovation, technological advances, alliances, and open platform development, it plans to successfully tackle the rising competition. Ctrip is planning for a sturdy bottom line growth to the tune of over 20% by the year 2020.