Saturday, October 13, 2012

competition will remain fierce


the SAN FRANCISCO, Oct. 10 evening news, the U.S. investment bank ThinkEquity today released investment report, maintain Ctrip stock (Nasdaq: CTRP)
following is a summary of the contents of the report:
10.1 Golden Week data released by the Chinese government is very optimistic, and we believe that this reflects the Chinese tourism market and consumer spending growth, despite the current macro The economic situation is relatively sluggish. Therefore, we still believe that Nike Air Max 90 Shoes Outlet, Ctrip third quarter and fourth quarter results are expected to be very strong. This means that at the same time, fierce competition in China's tourism market may not quickly cool down. On the contrary UGGs Short Dylyn, the market competition will remain fierce.
Golden Week Data:
Chinese government released data show that 10.1 Golden Week, the number of domestic tourists increased by 40.9 percent last year, the proportion was 18.8%. Tourism-related revenue grew 44.4% last year, the proportion was 25.5%. The number of air passengers increased by 27%, compared to 5.2% last year. Predetermined hotel the number of visitors grew by 36% last year to 20.6% UGG Bailey Button Bomber Boots. It should be noted that last year's Golden Week holidays, for seven days, and this year 8 days UGGs Suburb Tall.
:
remains stable: the number of domestic tourists increased by 40.9% last year, the proportion was 18.8%. Tourism-related revenue grew 44.4% last year, the proportion was 25.5%. Predetermined hotel the number of visitors grew by 36% last year to 20.6%.
market competitive: We believe that Ctrip third quarter and fourth quarter results are expected to be very strong. This means that at the same time, fierce competition in China's tourism market may not quickly cool down. On the contrary UGG Classic Tall Sparkles Sale, the market competition will remain fierce.
Valuation: We maintain our Ctrip stock (Li)
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