Bottom line: Ctrip's offline travel alliance campaign looks like a shrewd move with good chances of success, while Tongcheng's move back into profits shows the sector is heading into a new stable period.
A couple of travel-related stories are in the headlines today, led by a blitz into the offline realm by leading online agent Ctrip (Nasdaq: CTRP). The other item has smaller rival Tongcheng reporting its first profit in four years, as it...