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Message from Chairman

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In the last decade, with China becoming the world’s second largest economy, the Chinese tourism industry has experienced double-digit growth. Benefiting from China’s GDP growth and the growing affluence of the middle class, it is anticipated that the tourism industry will continue to grow at an exponential rate. Chinese outbound tourism and consumption have outpaced the rest of the world, even exceeding that of the US. Yet, at the end of 2015, only 5% of the Chinese population have passports, a testament to the room of growth for Chinese outbound tourism.

As the leading online traveling platform in China, Ctrip will continue to invest in its international business infrastructure, in order to improve its product offerings and services. Sponsored by Ctrip, CL Capital Management is an international fund management platform established to invest in international hospitality real estate, capitalizing on the timing of the real estate cycle and the macro trend of Chinese outbound tourism traffic booming. In doing so, the firm leverages its comparative advantages and strengths. The firm, together with its professional teams globally,  is committed to create values and maximise returns for our investors in different economic cycles, while maintaining the highest professional standards.

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