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2008 Beijing Olympics: This stock to get the gold
With the 2008 Beijing Olympics approaching, many travel-related stocks have been predicted to benefit. One of the most promising is the leading Chinese online travel service provider, Ctrip.
Like U.S.-based Expedia, Ctrip allows online users to book hotel accommodations, airline tickets, packaged tours and car rentals – you can even hire a car with a chauffeur through their website.
This company captured almost 50% of its market share in China in 2007.
Bright future for this online travel service
With an estimated compounded growth rate of 43% through 2010 and an annual profit margin of over 33%, Ctrip is looking…
7Apr2008 | Laura Cadden | 1 comment | Continued
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