China’s Ctrip Plans to Compete in the U.S. Against Expedia and Booking.com
Skift Take
It's not around the corner but you can expect China's Ctrip to set up shop to compete against online and offline travel giants in the U.S. Breaking in through acquisition would be an obvious strategy although it's unclear whether that's actually part of Ctrip's seemingly very active strategic plan.
China's Ctrip, already the globe's second largest online travel agency by market cap behind the Priceline Group and ahead of Expedia Inc., is working on a plan to sell trips from the U.S. to destinations around the world but it would start with excursions from the U.S. to China and Southeast Asia.
That's the word from Tao Yang, a Ctrip senior vice president and head of its vacation business.
"We want to sell travel everywhere," Yang told Skift.
Yang was in Manhattan October 26 for a Ctrip North America partner summit attended by bus operators, tour companies, hotels and attractions to mark Ctrip's acquis
