E-Bookers: DINESH DHAMIJA/London

DINESH DHAMIJA/London

The travel industry has endured a nightmare trifecta: the Sept. 11 attack, the war in Iraq and SARS. But as Dinesh Dhamija strides through London clutching a bouquet of balloons emblazoned with the e-bookers logo, it's as if the disasters never happened. "We knew we'd survive," says Dhamija, e-bookers' founder and CEO. "The question was whether we would become No. 1 or No. 2." Today e-bookers is Europe's largest Internet travel agency and the first (as of May) to turn a pretax profit. It was also the London Stock Exchange's second-brightest star last year, with share prices up 324%.

It's been...

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