Catching an industry in its prime growth phase is so wonderful. It is my belief the best growth story investors have available today is the Chinese travel market.Catching an industry in its prime growth phase is so wonderful. Industries that were a boom to investors include railroad stocks in the 1800s, radio stocks in the 1920s, and technology stocks in the 1990s.
It is my belief the best growth story investors have at available today is the Chinese travel market. Only 10-15% of Chinese have ever been on an airplane. With an economy growing around 9%, travel is surging — both for business and pleasure.
The biggest opportunity is economypriced hotels. Economy takes up only 25% of all Chinese hotel rooms, compared to 70% in the U.S. (source: Mirae Asset). Holiday Inns rocketed in the 1950s and 1960s by being the first-tomarket with economy hotels, and I believe the two stocks below could grow exponentially in the next decade.
One catch is the World Expo ran from May-October, and filled hotels with high room rates. Comparisons will be tough to beat in the short-run. In the long-run the future is bright.
