|May 11, 2010|
Ctrip Joins The RADIUS Network
|Ctrip, the travel agency for online and offline travel volume in China, has joined the RADIUS global network. RADIUS has also signed H.I.S. Co., Ltd., one of Japan's top five travel agencies and JJ Tour Service in Brunei. These additions significantly expand the RADIUS network's access and influence throughout Asia Pacific and reinforce RADIUS' position as a major global travel management company (TMC).|
Ctrip.com International Ltd. (CTRP) has a market capitalization of over $4.5 billion US and more than 10,000 employees servicing both business and leisure travelers. Headquartered in Shanghai, the company has 13 branch offices in Beijing, Guangzhou, Shenzhen and other major Chinese cities. As one of China's leading travel service enterprises, Ctrip provides over 37 million registered members with comprehensive services including hotel reservations, air ticketing, packaged tours and corporate travel management.
Mr. Jonathan Zhuang, Vice President of Ctrip in charge of professional corporate travel management service, said, "Being one of the top TMCs in China, Ctrip is pleased to join the global TMC network of RADIUS to enhance coverage. With global background, Ctrip offers more to clients in China."
H.I.S. Co. Ltd (H.I.S) of Japan processed over $3 billion US in total travel expenditure in 2009. H.I.S. is headquartered in Tokyo and employs over 4,100 people. The company prides itself on bi-lingual service excellence for both fulfillment and account management services for its corporate clients.
"Through our partnership with RADIUS, H.I.S. will be able to offer our existing and potential clients better optimized multinational services, fully meeting their travel requirements," said Mr. Atsushi Yamanobe, General Manager, Corporate and Group Travel and Specialized Branches Department, H.I.S. Co. Ltd. "I have no doubt that RADIUS' worldwide network will also accelerate the ongoing process of H.I.S.' globalization by full speed."
RADIUS also welcomed the Brunei travel agency, JJ Tour Service, to its global network. Founded in 1971, JJ Tour Service is the country's fifth ranked professional travel services provider.
"The Asian region is a key component of RADIUS's growth strategy. In Ctrip and H.I.S. we are bringing on board two of Asia's leading corporate travel agencies," explained Chris Vasiliou, President and CEO of RADIUS. "Ctrip and H.I.S. are both progressive businesses that have great teams and sophisticated systems and we look forward to offering multinational clients an unmatched level of service and data reporting in two of the world's major travel markets."