CTRP » Topics » Declines or disruptions in the travel industry generally could reduce our revenue.

This excerpt taken from the CTRP 20-F filed Apr 29, 2008.

Declines or disruptions in the travel industry generally could reduce our revenue.

A large part of our business is currently driven by the trends that occur in the travel industry in China, including the hotel, airline and packaged-tour sectors. As the travel industry is highly sensitive to business and personal discretionary spending levels, it tends to decline during general economic downturns. In addition, other adverse trends or events that tend to reduce travel and are likely to reduce our revenues include:

 

   

an outbreak of avian influenza, severe acute respiratory syndrome, or SARS, or any other serious contagious diseases;

 

   

increased prices in the hotel, airline, or other travel-related industries;

 

   

increased occurrence of travel-related accidents;

 

   

natural disasters or poor weather conditions; and

 

   

terrorist attacks or threats of terrorist attacks or wars.

We could be severely and adversely affected by declines or disruptions in the travel industry and in many cases, have little or no control over the occurrence of such events. Such events could result in a decrease in demand for our travel services. This decrease in demand, depending on the scope and duration, could significantly and adversely affect our business and financial performance over the short- and long-term.

 

7


Table of Contents
This excerpt taken from the CTRP 20-F filed Apr 12, 2007.

Declines or disruptions in the travel industry generally could reduce our revenue.

A large part of our business is currently driven by the trends that occur in the travel industry in China, including the hotel, airline and packaged-tour sectors. As the travel industry is highly sensitive to business and personal discretionary spending levels, it tends to decline during general economic downturns. In addition, other adverse trends or events that tend to reduce travel and are likely to reduce our revenues include:

 

   

an outbreak of avian influenza, severe acute respiratory syndrome, or SARS, or any other serious contagious diseases;

 

   

increased prices in the hotel, airline, or other travel-related industries;

 

   

increased occurrence of travel-related accidents;

 

   

natural disasters or poor weather conditions; and

 

   

terrorist attacks or threats of terrorist attacks or wars.

We could be severely affected by declines or disruptions in the travel industry and in many cases, have little or no control over those changes.

This excerpt taken from the CTRP 20-F filed Jun 26, 2006.

Declines or disruptions in the travel industry generally could reduce our revenue.

A large part of our business is currently driven by the trends that occur in the travel industry in China, including the hotel, airline and packaged-tour sectors. As the travel industry is highly sensitive to business and personal discretionary spending levels, it tends to decline during general economic downturns. In addition, other adverse trends or events that tend to reduce travel and are likely to reduce our revenues include:

 

    an outbreak of avian influenza, severe acute respiratory syndrome, or SARS, or any other serious contagious diseases;

 

    increased prices in the hotel, airline, or other travel-related industries;

 

    increased occurrence of travel-related accidents;

 

    natural disasters or poor weather conditions; and

 

    terrorist attacks or threats of terrorist attacks or wars.

 

8


Table of Contents

We could be severely affected by declines or disruptions in the travel industry and in many cases, have little or no control over those changes.

This excerpt taken from the CTRP 20-F filed Jun 22, 2005.

Declines or disruptions in the travel industry generally could reduce our revenue.

 

A large part of our business is currently driven by the trends that occur in the travel industry in China, including the hotel, airline and packaged-tour industries. As the travel industry is highly sensitive to business and personal discretionary spending levels, it tends to decline during general economic downturns. In addition, other adverse trends or events that tend to reduce travel and are likely to reduce our revenues include:

 

    a recurrence of SARS or any other serious contagious diseases;

 

    increased prices in the hotel, airline, or other travel-related industries;

 

5


Table of Contents
    increased occurrence of travel-related accidents;

 

    terrorist attacks or threats of terrorist attacks or wars;

 

    poor weather conditions; and

 

    natural disasters.

 

We could be severely affected by changes in the travel industry and will, in many cases, have little or no control over those changes.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki