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during the Aspen Action Forum in Aspen, Colorado, USA where she was joined on stage by David Rubenstein, co-chairman of The Carlyle Group, who previously invested in the company in 2003. The secret to how Ctrip grew in value by 210x was revealed by Jane Sun, CEO of Ctrip.com, International Ltd.,
So, for travel agencies, it’s quite difficult to stay afloat, unless they find some specific niche. They would rather follow the word of mouth or go to their old, time-tested local travelagent or stick to larger players. So, new travel agencies have to work hard to break through the wall of mistrust. Invisibility.
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