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Trip.com Group Ltd
F:CLVB

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Trip.com Group Ltd Logo
Trip.com Group Ltd
F:CLVB
Lista de seguimiento
Precio: 34,2 EUR -6,56% Mercado cerrado
Capitalización de mercado: €22,27 B

Trip.com Group Ltd
Relación con Inversores

Trip.com Group es una empresa de viajes en línea que ayuda a las personas a reservar viajes a través de sus aplicaciones y sitios web. Vende billetes de avión, habitaciones de hotel, billetes de tren, paquetes vacacionales y otros servicios de viaje, y también atiende a viajeros de negocios mediante herramientas de reserva corporativa. Sus principales clientes son los viajeros de ocio, empresas pequeñas y grandes, y proveedores de viajes como aerolíneas, hoteles y operadores ferroviarios que buscan acceso a la demanda de reservas. La empresa obtiene ingresos principalmente cobrando comisiones o tarifas de servicio por las reservas, además de publicidad y otros servicios relacionados con los viajes. En la práctica, actúa como un mercado y canal de ventas entre los viajeros y los proveedores de viajes, en lugar de poseer aviones, hoteles o trenes. Eso le confiere un modelo de negocio más ligero que el de los operadores tradicionales de viajes, porque gana conectando la oferta y la demanda. Lo que hace a Trip.com importante en la industria de los viajes es su papel como centro digital de reservas, especialmente para clientes que desean comparar opciones y planificar viajes en un solo lugar. Combina reserva directa, comparación de precios y atención al cliente en múltiples categorías de viaje. Esto la convierte en un intermediario útil en los viajes, con ingresos vinculados a la actividad de viajes y a los servicios que añade en torno al proceso de reserva.

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Última conferencia de resultados
Periodo fiscal
Q1 2026
Fecha de la conferencia
25 jun., 2026
Resumen con IA
Q1 2026

Revenue: Trip.com reported first-quarter net revenue of RMB 16.2 billion, up 17% year over year, with growth driven by resilient travel demand across its core businesses.

Outlook: Management guided for second-quarter net revenue growth of approximately 3% to 8%, saying growth is moderating from an exceptionally strong Q1 because of higher airfares, tighter airline capacity, and compliance-related adjustments.

Inbound growth: Inbound travel remained a standout, with gross bookings up about 90% year over year and the company reiterating its goal of serving 200 million inbound travelers over the next 5 years.

AI strategy: The company framed AI as a major long-term opportunity, saying it will build its own AI tools while also integrating with outside AI ecosystems so Trip.com can remain the fulfillment layer when travel planning starts in an AI assistant.

Regulatory impact: Management said regulatory and compliance changes may create near-term pressure, but they view the adjustments as constructive for long-term platform quality, user experience, and industry health.

Datos financieros clave
Net revenue
RMB 16.2 billion
Core OTA gross bookings
RMB 300 billion
Inbound travel gross bookings
up approximately 90% year over year
International OTA gross bookings
up approximately 65% year over year
Accommodation reservation revenue
RMB 6.5 billion
Transportation ticketing revenue
RMB 6.1 billion
Packaged tour revenue
RMB 1.1 billion
Corporate travel revenue
RMB 690 million
Adjusted EBITDA
RMB 4.8 billion
Diluted earnings per ordinary share and per ADS
RMB 3.67 or USD 0.53
Diluted earnings per ordinary share and per ADS excluding certain items
RMB 5.73 or USD 0.83
Cash and cash equivalents, restricted cash, short-term investment, held-to-maturity time deposits and financial products
RMB 104.0 billion or USD 15.1 billion
Adjusted product development expenses
increased by 12% year over year
Adjusted G&A expenses
increased by 5% year over year
Adjusted sales and marketing expenses
increased by 24% year over year
Old Friends Club hotel gross bookings
increased by over 100% year over year
Domestic small group travel orders
up 27% year over year
Per capita spending for domestic small group travel
55% higher than large group tours
Length of stay for domestic small group travel
11% longer than large group tours
Average stay for inbound visitors
5.1 days
First-time suppliers receiving inbound customers
14,000
Total partners engaged in inbound-related services
over 110,000
Travel brands and suppliers connected through trip community
more than 500,000
Qualified creators connected through trip community
over 10,000
Globally accessible product offerings
approximately 450,000 hotels and 180,000 local attraction products
Otras conferencias de resultados

Dirección

Dr. Jianzhang Liang Ph.D.
Co-Founder & Executive Chairman

Dr. Jianzhang Liang, also known as James Liang, is a prominent Chinese entrepreneur and influential figure in the travel and technology industry. He is notably recognized as one of the co-founders of Trip.com Group Ltd, previously known as Ctrip.com International, Ltd. James Liang was born in 1969 and earned his Bachelor's degree in Physics from Fudan University in China. He further advanced his education by obtaining a master's degree in Computer Science from Georgia Institute of Technology in the United States. Later, he completed his Ph.D. in Economics from Stanford University, which provided him with a comprehensive understanding of both technology and economic principles. This diverse educational background played a significant role in shaping his career and entrepreneurial ventures. In 1999, Liang co-founded Ctrip.com in Shanghai, which quickly grew to become China's leading online travel agency. His leadership and strategic vision significantly contributed to the rapid growth and success of the company in its early years. Under his guidance, the company expanded its services to include hotel bookings, flight ticketing, and comprehensive travel management services, becoming a dominant player in the Chinese travel market. Liang served various roles at Trip.com Group, including Chief Executive Officer and Executive Chairman. His leadership extended beyond business, as he also played a vital role in fostering innovation and technology development within the company. Additionally, he has been influential in advocating for and implementing advanced artificial intelligence and big data technologies to enhance customer experiences. Beyond his corporate responsibilities, James Liang is a respected economist and author. He has authored several books and papers on economic development and demographics, notably addressing China's future economic challenges related to its aging population. His work in this area has received widespread attention and sparked discussions on demographic policies in China. Overall, Dr. Jianzhang Liang is a pioneering figure in the travel industry, known for his entrepreneurial spirit, innovative approach, and contributions to both business and academic fields.

Mr. Min Fan
Co-Founder, Vice Chairman & President

Min Fan is a notable figure in the travel and tourism industry, known for his significant contributions to Trip.com Group Ltd., one of the world's leading online travel agencies. He was one of the co-founders of the company, initially known as Ctrip.com International, Ltd., which was established in 1999. His leadership and vision were pivotal in steering the company towards becoming a major player in the global travel market. Min Fan served as the President and Chief Operating Officer (COO) of Ctrip (now Trip.com Group Ltd.) for several years. Under his management, the company expanded its services and strengthened its market presence through innovative strategies and a customer-centric approach. His efforts in developing the company's domestic and international travel services significantly contributed to its growth and success. Throughout his tenure, Min Fan focused on enhancing user experience, expanding partnerships, and integrating advanced technologies to streamline operations. His work helped the company to adapt to changing market demands and maintain a competitive edge in the online travel industry. Upon transitioning from his operational role, Min Fan continued to contribute as a consultant, supporting Trip.com Group Ltd. with strategic guidance and insights based on his extensive experience and industry knowledge. His legacy includes fostering a corporate culture of innovation and excellence, which continues to influence the company's trajectory today.

Mr. Qi Ji
Co-Founder & Independent Director

Qi Ji is a prominent figure in the hospitality and travel industry, best known as a co-founder and executive chairman of Trip.com Group Ltd., a leading online travel agency in China, formerly known as Ctrip.com International. Born in 1967 in China's Jiangsu province, Qi Ji has played a crucial role in shaping the travel and tourism landscape in China. Before establishing Trip.com, Qi Ji accrued significant experience in the industry. He graduated from the University of California, where he developed a keen interest in technology and business. His entrepreneurial journey began with the founding of Home Inns, a budget hotel chain in China, demonstrating his ability to identify and capitalize on gaps in the Chinese hospitality market. Since co-founding Trip.com in 1999, Qi Ji has been instrumental in its growth and expansion. Under his leadership, the company has evolved to offer a comprehensive range of travel services, including accommodation reservations, transportation ticketing, packaged tours, and corporate travel management. Trip.com's strategic acquisitions and partnerships have further strengthened its global presence, making it one of the world's largest online travel service providers. Qi Ji's vision and leadership have earned him recognition both in China and internationally. His ability to adapt to changing market dynamics and embrace technological innovations has been key to Trip.com's success. Throughout his career, he has remained focused on enhancing customer experience and leveraging data-driven insights to refine service offerings. With his extensive industry experience and strategic insights, Qi Ji continues to play a vital role in guiding Trip.com's strategic direction and fostering innovation in the travel industry.

Mr. Xiong Xing
Chief Operating Officer

Xiong Xing serves as the Chief Executive Officer (CEO) of Trip.com Group Ltd., a leading online travel company known for providing a wide array of travel services such as accommodation reservations, transportation ticketing, package tours, and corporate travel management. With a strong educational background and extensive experience in the travel and technology sectors, Xiong Xing has played a pivotal role in steering the company's strategic direction and ensuring its competitiveness in the global travel industry. Under his leadership, Trip.com Group has expanded its market presence and continuously enhanced its service offerings through technological innovation and strategic partnerships.

Ms. Michelle Qi
Senior IR Director

Michelle Qi is known for her role as the Chief Financial Officer (CFO) of Trip.com Group Ltd., a leading online travel company headquartered in China. With extensive experience in finance and leadership, she has been instrumental in steering the company's financial strategy. Before joining Trip.com, Ms. Qi held various key positions in notable organizations within the finance sector, which provided her with a deep understanding of corporate finance, capital markets, and strategic planning. Her leadership and vision have been crucial in helping Trip.com maintain its growth trajectory in the competitive travel and technology industry.

Contactos

Dirección
SHANGHAI
Shanghai
No. 99 Fu Quan Road
Contactos
+862134064880.0
www.ctrip.com
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