Trip.com Group Ltd

Company Profile

• Business description

  Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

• Contact

  968 Jin Zhong Road
  Shanghai200335
  CHN

  T: +86 2134064880

  E: [email protected]

  https://www.ctrip.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Travel Services

  Fiscal Year End

  31 December 2024

  Employees

  36,249