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The Company is a consolidator of hotel accommodations and air tickets in China.
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crayongoblin (< 20) Submitted: 3/26/08 3:51 AM : Start Price: $54.72 CTRP Score: -18.87
Again, lots of ignorance abound on the internet concerning this one. Most common posts: "Tibet!!!", "Olympic Boycott!!!" Guys, this company is a domestic travel service for Mainland China. It doesn't have partnerships overseas (yet). I've been to China and have used CTrip to book hotels, tickets and taxis. The service is incredibly efficient and professional. When the holidays come around in China, people overcrowd airports, rail and bus stations. CTrip brings some sense of order to the chaos. Even without the Olympics CTrip is guaranteed to keep growing, especially when its nearest competitor, majority Expedia-owned Elong, is a complete joke. If you don't believe me, just go check out Elong's website in comparison to Ctrip's. Ctrip has been seeking out foreign partners for the Olympics. I'm sure Western travel agencies will be more than happy to strike a deal with Ctrip. This would only solidify the incredible advantage that this company has in the Chinese travel industry.
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griderX (98.70) Submitted: 3/27/08 11:04 AM
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Ctrip just recently launched it's English version website...hopefuly they can market it for the Olympics rush. I'll definitely be using them when I visit China!
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wagnermr14 (97.93) Submitted: 5/05/08 8:55 PM
Up 28% in 10 consecutive up days... it is a great company but this move is ridiculous. Short now and enter again back around 55.
wsk1964 (41.53) Submitted: 5/21/08 9:05 PM
Sounds good but I say wait until they can provide international service. An English version website is a step in the right direction.Another step in the right direction would be to hook up as a preferred travel provider with a major credit card rewards system like AAmerican Advantage or American Express.
wuff3t (91.75) Submitted: 6/16/08 3:39 PM
Crayongoblin makes good points - and I would go further and say that the Olympics might even be little more than a silly distraction. I wonder whether there will even be a price drop following the Games (as people are seemingly buying in the run-up to the Games, believing this company to be a one-trick pony) offering a nice entry-point for longer-term investors? This company's real prospects are all about the burgeoning Chinese middle-class and their desire to access the trappings of a Western luxury lifestyle, eg cheap travel and holidays.
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