<p>攜程集團（香港代碼：9961）已召開其第三季度財報電話會議。請繼續閲讀會議的主要亮點。</p>
<h3>享受 TipRanks Premium 50% 折扣，放心投資</h3>
<ul>
<li>解鎖對沖基金級別的數據和強大的投資工具，幫助您做出更聰明、更精準的決策</li>
<li>通過最新的新聞和分析保持市場領先，使您的投資組合始終處於最大潛力的狀態</li>
</ul>
<p>攜程集團最新的財報電話會議突顯了積極的情緒，得益於國內和國際旅遊市場的強勁增長。公司表現出強勁的業績指標，包括收入和預訂的顯著增長，但討論中也承認了市場營銷成本上升和酒店及航空公司領域的定價壓力。總體而言，儘管面臨一些運營挑戰，情緒依然樂觀。</p>
<h2>強勁的收入增長凸顯了韌性需求</h2>
<p>攜程報告第三季度淨收入同比增長 16%，達到 183 億元人民幣。這一強勁增長得益於夏季和黃金週假期推動的強勁旅遊需求。這種高表現的季度凸顯了旅遊行業的韌性，以及攜程在面對新出現的挑戰時捕捉市場機會的能力。</p>
<h2>出境旅遊超過疫情前水平</h2>
<p>出境旅遊的激增是攜程在第三季度的一個關鍵成功故事。出境酒店和機票預訂同比增長近 20%，達到 2019 年水平的約 140%。這突顯了國際旅遊的強勁復甦和持續擴張，隨着全球限制的放鬆和消費者信心的恢復。</p>
<h2>入境旅遊的顯著復甦</h2>
<p>入境旅遊預訂較去年增長超過 100%。這反映了強勁的國際需求和改善簽證政策的積極影響，使攜程成為全球流動性恢復和旅遊激勵的受益者。</p>
<h2>國際擴張推動增長</h2>
<p>攜程的戰略國際擴張努力正在取得成效，國際預訂同比增長約 60%。亞太地區貢獻了超過 50% 的增長。這突顯了公司在區域市場的強大立足點及其滿足多樣化旅行者需求的能力，進一步鞏固了其國際存在。</p>
<h2>上升的市場營銷成本反映擴張挑戰</h2>
<p>調整後的銷售和市場營銷費用環比增長 26%，同比增長 23%。這些增長與公司持續的國際擴張努力相關。雖然這表明了對增長的承諾，但也帶來了運營挑戰，因為攜程在投資與效率之間尋求平衡。</p>
<h2>在強勁需求下的定價壓力</h2>
<p>儘管需求強勁，酒店和機票價格同比出現低個位數的下降。這反映了市場上的定價壓力，可能受到競爭動態和消費者偏好變化的影響。</p>
<h2>樂觀的指導，專注於長期增長</h2>
<p>展望未來，攜程對旅遊行業保持積極的展望。公司預計國內和國際旅遊的強勁需求將持續，預計未來將實現可持續增長。第三季度的指標包括 16% 的同比收入增長，住宿預訂收入增長 18%，交通票務收入增長 12%。攜程還強調了其戰略重點在於利用人工智能提升用户體驗和可擴展性，同時對其長期價值創造充滿信心，儘管面臨潛在的地緣政治挑戰。</p>
<p>總之，攜程最新的財報電話會議描繪了旅遊行業復甦的高度樂觀圖景。公司在多個關鍵指標上表現強勁，鞏固了其在國內和國際旅遊市場的領導地位。儘管上升的成本和定價壓力帶來了挑戰，但公司的戰略國際擴張和對人工智能驅動解決方案的關注使其在未來持續增長方面具備良好基礎。</p>

攜程網

攜程集團-S

<p>攜程集團報告了強勁的第三季度財報，收入同比增長 16%，達到 183 億元人民幣，得益於強勁的旅行需求。出境旅行預訂增長近 20%，超過疫情前水平，而入境預訂增長超過 100%。國際擴張推動了預訂量增長 60%。儘管市場營銷成本上升和價格壓力加大，攜程對長期增長仍持樂觀態度，專注於基於人工智能的解決方案和戰略擴張</p>

<p>Trip.com Group Ltd. ((HK:9961)) has held its Q3 earnings call. Read on for the main highlights of the call.</p>
<div class="lb-trans"><p>攜程集團（香港代碼：9961）已召開其第三季度財報電話會議。請繼續閲讀會議的主要亮點。</p>
</div><h3>Claim 50% Off TipRanks Premium and Invest with Confidence</h3>
<div class="lb-trans"><h3>享受 TipRanks Premium 50% 折扣，放心投資</h3>
</div><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>
<div class="lb-trans"><ul>
<li>解鎖對沖基金級別的數據和強大的投資工具，幫助您做出更聰明、更精準的決策</li>
<li>通過最新的新聞和分析保持市場領先，使您的投資組合始終處於最大潛力的狀態</li>
</ul>
</div><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>
<div class="lb-trans"><p>攜程集團最新的財報電話會議突顯了積極的情緒，得益於國內和國際旅遊市場的強勁增長。公司表現出強勁的業績指標，包括收入和預訂的顯著增長，但討論中也承認了市場營銷成本上升和酒店及航空公司領域的定價壓力。總體而言，儘管面臨一些運營挑戰，情緒依然樂觀。</p>
</div><h2>Strong Revenue Growth Highlighting Resilient Demand</h2>
<div class="lb-trans"><h2>強勁的收入增長凸顯了韌性需求</h2>
</div><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>
<div class="lb-trans"><p>攜程報告第三季度淨收入同比增長 16%，達到 183 億元人民幣。這一強勁增長得益於夏季和黃金週假期推動的強勁旅遊需求。這種高表現的季度凸顯了旅遊行業的韌性，以及攜程在面對新出現的挑戰時捕捉市場機會的能力。</p>
</div><h2>Outbound Travel Surpasses Pre-Pandemic Levels</h2>
<div class="lb-trans"><h2>出境旅遊超過疫情前水平</h2>
</div><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>
<div class="lb-trans"><p>出境旅遊的激增是攜程在第三季度的一個關鍵成功故事。出境酒店和機票預訂同比增長近 20%，達到 2019 年水平的約 140%。這突顯了國際旅遊的強勁復甦和持續擴張，隨着全球限制的放鬆和消費者信心的恢復。</p>
</div><h2>Remarkable Inbound Travel Recovery</h2>
<div class="lb-trans"><h2>入境旅遊的顯著復甦</h2>
</div><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>
<div class="lb-trans"><p>入境旅遊預訂較去年增長超過 100%。這反映了強勁的國際需求和改善簽證政策的積極影響，使攜程成為全球流動性恢復和旅遊激勵的受益者。</p>
</div><h2>International Expansion Drives Growth</h2>
<div class="lb-trans"><h2>國際擴張推動增長</h2>
</div><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>
<div class="lb-trans"><p>攜程的戰略國際擴張努力正在取得成效，國際預訂同比增長約 60%。亞太地區貢獻了超過 50% 的增長。這突顯了公司在區域市場的強大立足點及其滿足多樣化旅行者需求的能力，進一步鞏固了其國際存在。</p>
</div><h2>Rising Marketing Costs Reflect Expansion Challenges</h2>
<div class="lb-trans"><h2>上升的市場營銷成本反映擴張挑戰</h2>
</div><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>
<div class="lb-trans"><p>調整後的銷售和市場營銷費用環比增長 26%，同比增長 23%。這些增長與公司持續的國際擴張努力相關。雖然這表明了對增長的承諾，但也帶來了運營挑戰，因為攜程在投資與效率之間尋求平衡。</p>
</div><h2>Pricing Pressure Amid Strong Demand</h2>
<div class="lb-trans"><h2>在強勁需求下的定價壓力</h2>
</div><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>
<div class="lb-trans"><p>儘管需求強勁，酒店和機票價格同比出現低個位數的下降。這反映了市場上的定價壓力，可能受到競爭動態和消費者偏好變化的影響。</p>
</div><h2>Optimistic Guidance with a Focus on Long-Term Growth</h2>
<div class="lb-trans"><h2>樂觀的指導，專注於長期增長</h2>
</div><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>
<div class="lb-trans"><p>展望未來，攜程對旅遊行業保持積極的展望。公司預計國內和國際旅遊的強勁需求將持續，預計未來將實現可持續增長。第三季度的指標包括 16% 的同比收入增長，住宿預訂收入增長 18%，交通票務收入增長 12%。攜程還強調了其戰略重點在於利用人工智能提升用户體驗和可擴展性，同時對其長期價值創造充滿信心，儘管面臨潛在的地緣政治挑戰。</p>
</div><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 class="lb-trans"><p>總之，攜程最新的財報電話會議描繪了旅遊行業復甦的高度樂觀圖景。公司在多個關鍵指標上表現強勁，鞏固了其在國內和國際旅遊市場的領導地位。儘管上升的成本和定價壓力帶來了挑戰，但公司的戰略國際擴張和對人工智能驅動解決方案的關注使其在未來持續增長方面具備良好基礎。</p>
</div>

攜程網第三季度財報：儘管面臨挑戰，增長依然強勁