<div id="readability-page-1"><p>Trip.com Group Ltd. ((HK:9961)) has held its Q3 earnings call. Read on for the main highlights of the call.</p><h3>Claim 50% Off TipRanks Premium and Invest with Confidence </h3><ul><li>Unlock  hedge-fund level data  and  powerful investing tools  designed to help you make smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  so your portfolio is always positioned for maximum potential</li></ul> <p>The latest earnings call from Trip.com Group Ltd. highlighted a positive sentiment, underpinned by robust growth in domestic and international travel markets. The company showed strong performance metrics, including significant increases in revenue and bookings, but the discussion was tempered by acknowledgments of rising marketing costs and pricing pressures in the hotel and airline sectors. Overall, the mood reflected optimism despite some operational challenges. </p> <h2>Strong Revenue Growth Highlighting Resilient Demand</h2> <p>Trip.com reported a remarkable net revenue increase of 16% year-over-year, reaching RMB 18.3 billion for Q3. This robust growth was driven by strong travel demand fueled by the summer season and the Golden Week holiday. Such high-performing quarters underscore the resilience of the travel sector and Trip.com’s ability to capture market opportunities despite emerging challenges.</p> <h2>Outbound Travel Surpasses Pre-Pandemic Levels</h2> <p>The surge in outbound travel represented a key success story for Trip.com in Q3. Outbound hotel and air bookings grew nearly 20% year-over-year, reaching approximately 140% of 2019 levels. This highlights the strong recovery and continued expansion of international travel as restrictions ease globally and consumer confidence rebounds.</p> <h2>Remarkable Inbound Travel Recovery</h2> <p>Inbound travel bookings experienced a staggering growth of over 100% compared to the previous year. This reflects robust international demand and the positive impact of improved visa policies, positioning Trip.com as a beneficiary of resumed global mobility and tourism incentives.</p> <h2>International Expansion Drives Growth</h2> <p>Trip.com’s strategic international expansion efforts are paying off, with international bookings rising around 60% year-over-year. The Asia Pacific region contributed more than 50% of this growth. This highlights the company’s strong foothold in regional markets and its ability to cater to diverse traveler needs, further solidifying its international presence.</p> <h2>Rising Marketing Costs Reflect Expansion Challenges</h2> <p>Adjusted sales and marketing expenses rose 26% quarter-over-quarter and 23% year-over-year. These increases are tied to the company’s ongoing international expansion efforts. While this signals a commitment to growth, it also presents operational challenges as Trip.com balances investments with the need for efficiency.</p> <h2>Pricing Pressure Amid Strong Demand</h2> <p>Despite robust demand, hotel and air ticket prices experienced a year-over-year decline in the low single digits. This reflects pricing pressure in the market, possibly influenced by competitive dynamics and evolving consumer preferences.</p> <h2>Optimistic Guidance with a Focus on Long-Term Growth</h2> <p>Looking ahead, Trip.com maintains a positive outlook for the travel industry. The company expects strong demand for both domestic and international travel to continue, projecting sustainable growth into the future. Q3 metrics included a 16% year-over-year revenue increase, with notable growth in accommodation reservation revenue (up 18%) and transportation ticketing revenue (up 12%). Trip.com also emphasized its strategic focus on leveraging AI for better user experiences and scalability while expressing confidence in its long-term value creation, despite potential geopolitical challenges.</p> <p>In summary, Trip.com’s latest earnings call painted a highly optimistic picture of the travel industry’s rebound. The company demonstrated strong performance across several key metrics, underscoring its position as a leader in both domestic and international travel markets. While rising costs and pricing pressures pose challenges, the company’s strategic international expansion and focus on AI-driven solutions position it well for sustained future growth.</p></div>

TCOM

09961

<p>Trip.com Group Ltd. reported strong Q3 earnings, with a 16% year-over-year revenue increase to RMB 18.3 billion, driven by robust travel demand. Outbound travel bookings grew nearly 20%, surpassing pre-pandemic levels, while inbound bookings rose over 100%. International expansion contributed to a 60% rise in bookings. Despite rising marketing costs and pricing pressures, Trip.com remains optimistic about long-term growth, focusing on AI-driven solutions and strategic expansion.</p>

Trip.com Q3 Earnings: Growth Soars Despite Headwinds