Financial Performance And GrowthTrip.com achieved robust YoY revenue growth of around 70% in 2Q24, driven by rapid development of accommodation reservation business, as well as an increase in cross-selling between transportation ticketing and accommodation reservation business.
Inbound Travel And Revenue GrowthThe Chinese government's announcement of 15-day visa-free policies for 9 countries is expected to boost inbound travel, benefiting companies like Trip.com.
Market Position And PotentialTrip.com is a leading player in China's travel market with a dominant share and price leadership, positioning it well to gain from increased inbound travel.