Significant Revenue Growth
Trip.com reported a net revenue of RMB 12.7 billion for Q4 2024, representing a 23% increase year-over-year. For the full year 2024, net revenue was RMB 53.3 billion, a 20% increase year-over-year.
Impressive International Business Expansion
International business grew significantly, with international bookings increasing by over 70% year-over-year in Q4, particularly in APAC markets which saw an 80% rise.
Outbound Travel Growth
Outbound travel bookings recovered to more than 120% compared to 2019, outperforming the industry by 30% to 40%.
Strong Inbound Travel Performance
Inbound travel bookings increased by over 100% year-over-year, with bookings from visa-free countries rising by over 150%.
AI Technology Advancements
Trip.com's AI tools saw significant usage increases, with TripGenie traffic surging by 200% and browsing time increasing by nearly 100%.
Strategic Capital Return Initiatives
Trip.com announced a share repurchase program of up to USD 400 million and a cash dividend totaling approximately USD 200 million for 2025.