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Company Profile

  • Business description

    Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

  • Contact

    968 Jin Zhong Road
    Shanghai 200335
    CHN

    T: +86 2134064880

    E: iremail@ctrip.com

    https://www.ctrip.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Travel Services

    Fiscal Year End

    31 December 2024

    Employees

    36,249

Trip.com Group Ltd News & Analysis

stocks

China’s travel stocks are benefitting from Covid-19 relaxations

But a V-shaped recovery like the one seen in 2021 is very unlikely in 2023.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,897.50 48.10 0.61%
CAC 40 7,957.57 42.92 0.54%
DAX 40 18,001.60 105.10 0.59%
Dow JONES (US) 38,675.68 450.02 1.18%
FTSE 100 8,213.49 41.34 0.51%
HKSE 18,475.92 268.79 1.48%
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Nikkei 225 38,236.07 37.98 -0.10%
NZX 50 Index 11,938.08 64.04 0.54%
S&P 500 5,127.79 63.59 1.26%
S&P/ASX 200 7,629.00 42.00 0.55%
SSE Composite Index 3,104.82 8.22 -0.26%

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