These Three Factors Can Significantly Upgrade Ctrip's Valuation

Ctrip is currently the cynosure of all eyes in the online travel domain. Priceline and Expedia are vying for its partnership, while its 40% stake in its major competitor, eLong, increases its clout in the aggressively competitive, China online travel market. Ctrip's increased dominance in China, and its partnership with global online travel leaders, can lead to a significant upside to our valuation of the company in the future.