05-26-2015, 03:25 AM
In 2012, we recommended buying CTRP:
At first sight, Chinese online travel agency Ctrip.com International, Ltd. (NASDAQ:CTRP) should be a no-brainer. Internet and tourism are sectors with enormous potential in China. There is little doubt about that. What's more? The company has established a large, perhaps dominant position with a market share of over 40%. Internet bookings comprise just 10% of travel industry sales, but that percentage is likely to rise significantly, as it has done in richer economies. On that move alone Ctrip should see significant and continued revenue growth, although Ctrip is by no means exclusively an online travel agency. Online bookings account for 45% of total bookings, but that is growing.