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Trip.com Group Reports Strong 2024 Financial Results and Growth

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Trip.com Group Reports Strong 2024 Financial Results and Growth

Trip.com Group Ltd. ( (HK:9961) ) has provided an announcement.

Trip.com Group Limited announced its unaudited financial results for the fourth quarter and full year of 2024, highlighting robust growth in its international business segments. The company reported a significant recovery in outbound hotel and air ticket bookings, surpassing pre-COVID levels, and a substantial increase in inbound travel bookings. Financially, Trip.com achieved a 23% year-over-year growth in net revenue for the fourth quarter, alongside improvements in net income and adjusted EBITDA. The company’s leadership expressed confidence in continued growth and innovation, emphasizing their commitment to enhancing travel experiences and contributing to global economic growth.

More about Trip.com Group Ltd.

Trip.com Group Limited is a leading one-stop travel service provider offering accommodation reservation, transportation ticketing, packaged tours, and corporate travel management. The company operates internationally and focuses on enhancing travel experiences through innovation and AI investments.

YTD Price Performance: -5.09%

Average Trading Volume: 2,037,161

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$333.6B

See more insights into 9961 stock on TipRanks’ Stock Analysis page.

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