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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. Prior to 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 websites and mobile platforms, while the rest come from 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

    32,202

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
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% Change
All Ordinaries 7,902.00 84.60 1.08%
CAC 40 8,022.41 0.85 -0.01%
DAX 40 17,737.36 100.04 -0.56%
Dow JONES (US) 37,986.40 211.02 0.56%
FTSE 100 7,895.85 18.80 0.24%
HKSE 16,510.88 286.74 1.77%
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Nikkei 225 37,438.61 370.26 1.00%
NZX 50 Index 11,852.80 56.59 0.48%
S&P 500 4,967.23 43.89 -0.88%
S&P/ASX 200 7,649.20 81.90 1.08%
SSE Composite Index 3,050.15 15.11 -0.49%

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