CTRP Yields Great Results
The company's recently released Q2 results show great growth.
Written by Douglas Estadt
Ctrip.com International (CTRP) is a web-based, travel service provider that caters to all aspects of a traveler’s needs, from hotel accommodations to flights. The company’s recently released 2010 Q2 results were more than impressive.
From our own travel experiences, we have witnessed Ctrip’s presence in kiosks and offices in China’s airports. This company is one among many that stand to profit from China’s booming economy.
The facts below reiterate why we invested in CTRP today:
Net revenues up 44% yoy and 18% quarter-over-quarter
China has the greatest number of internet users in the world, and its economy continues to boom
The upcoming Chinese holiday from October 1st-7th will bring even more traffic to Ctrip, as everyone will be traveling
To hear more about CTRP, view the video below.
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