Ctrip’s third quarter profit up 80 percent...
Ctrip has delivered solid results in the third quarter of 2009. Its net revenues grew 47 percent year over year and third-quarter profit rose 80 percent on higher revenues from hotel and flight reservations and tour bookings. Total revenue for...
Ctrip hopes to use its new call centre in Nantong next year...
Online travel company Ctrip, which is working on its second call centre in Nantong, plans to use this new facility by next year. The development was confirmed by the company during its Q3 Earnings Call. Nantong is a city in...
British Airways eyes more deals...
British Airways is already eyeing further deals with other airlines after securing its merger with Spain’s Iberia. The deal creates a third European giant, with €15 billion in annual revenue. Keith Williams, chief financial officer of BA, said that the...
Hellman and Friedman acquires Web Reservations International...
Dublin-based Web Reservations International (WRI) has been acquired by affiliates of private equity investment firm, Hellman and Friedman. The financial details weren’t disclosed but the deal is believed to be in excess of €200 million, reported irishtimes.com. The online hostel...
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