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Monday, 08/16/2010 3:17:46 AM

Monday, August 16, 2010 3:17:46 AM

Post# of 94785
CCME The airport buses are a better idea than the express buses. if you're taking a bus from the airport to a nice hotel, odds are you've got money to spend... thus advertisers are falling all over themselves for time slots. All of that revenue from just four cities, wow. There are a lot more big cities in China as far as I know. I saw a different company running ads on a shuttle bus from the airport in Chengdu, so it's possible that they will have to acquire other companies to expand this segment. It's also possible that CCME can just move in without making acquisitions since it can afford to pay higher concessions than its competitors. Either way, I think this shuttle bus segment could be more than 5 times its current size in a couple of years. 20 cities, plus the annual increase in rates...

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