In 4Q17, bundled sales for CTRP’s air business dragged down the momentum of the company’s business. The business recovered a bit in 1Q18. However, new issues came out: customers complained about the fees attached to canceling and changing tickets.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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