Online Travel Agency is Big Business

One of the fastest places in the world for travel growth is China. This travel market is expanding, thanks to a rising middle class. The Chinese company dominating this industry is Ctrip.com (CTRP) (the Priceline or Expedia of China) with 60% of the total market share in China.

The company has grown rapidly increasing revenue by about 9 times in just eight years. Last year the company increased revenue by 75%. The revenue growth rate should continue to be greater than 15% per year for the next few years.

China's middle class is still growing which will lead to increase spending on travel.

Check out CTRP today.

Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.