Trip.com is at a new high ahead of Golden Week in China. Other stocks at new highs include shipping company ZIM Integrated and oil tanker fleet Golar LNG.
Mid to high-star hotels drive consumption Chinese travellers are seeking destinations beyond key capitals with a focus on lesser-known destinations Top outbound destinations are in APAC: Japan, Thailand, South Korea European long-haul travel is up almost 30%, with multi-destination trips above the global average length of stay. SHANGHAI , Sept.
Trip.com shows strong international expansion and market share growth, supported by strategic alliances and a robust supply chain, despite increased marketing spending. The company's new products are well-received across demographics, with a significant portion of orders coming from mobile devices, indicating direct user engagement. Trip.com reported outbound hotel and flight ticket booking vol...
U.S.-listed shares of Trip.com Group Ltd. (TCOM) took off Tuesday after the largest online travel service in China posted better-than-expected results on booming demand for foreign trips.
Shares of travel-industry companies moved higher on Tuesday, lifted by the news that Trip.com Group (TCOM), the largest online travel service in China, topped sales and profit estimates for the second quarter.
Trip.com is a leading online travel agent in China, controlling 50% of the market, with strong growth prospects due to eased travel restrictions and increasing international flight capacity. The company trades at 14X forward earnings, lower than international peers, but corporate governance issues and a lack of shareholder returns are significant concerns. Despite generating strong cash flow, T...
Trip.com Group Limited (NASDAQ:TCOM ) Q2 2024 Earnings Conference Call August 26, 2024 8:00 PM ET Company Participants Michelle Qi - Senior IR Director James Liang - Executive Chairman Jane Sun - CEO Cindy Wang - CFO Conference Call Participants Joyce Ju - Bank of America Alex Poon - Morgan Stanley Thomas Chong - Jefferies Brian Gong - Citi Alex Yao - JPMorgan Wei Xiong - UBS Simon Cheung - Gol...
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