Trip.com Group Ltd - TCOM STOCK NEWS

Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) will announce its fourth quarter and full year of 2023 results on February 21, 2024. The management team will host a conference call at 7:00 PM U.S. Eastern Time on the same day. Participants must pre-register to join the call using the provided link. The call will be available on Webcast live and replay at http://investors.trip.com for twelve months.

Trip.com Group (NASDAQ: TCOM) collaborates with AWS to drive innovation in travel booking, personalized recommendations, and customer service. The multiyear agreement with AWS will allow Trip.com Group to leverage AWS’s global infrastructure and cloud technologies to expand their business globally, deliver seamless customer experiences, and drive innovation across the travel and hospitality industry. Trip.com Group uses AWS Graviton-powered Amazon Elastic Compute Cloud (Amazon EC2) instances to deliver high performance at a lower price for training large language models (LLMs). The company also unveiled a vertical LLM designed to offer increased accessibility, richer customer experiences, and reliable and personalized travel recommendations. Trip.com Group migrated more than 400 of its international business microservices to AWS, which significantly improved the speed of its air ticket booking system and reduced overall total memory consumption by more than 96%, resulting in substantial cost savings. The collaboration with AWS has also led to the successful launch of the “DreamNowTripLater” live video streams, which has generated $10 million in travel bookings to date. Additionally, Trip.com Group and AWS have developed a four-year training program to provide the company’s technologists with access to AWS Training and Certification’s comprehensive cloud training curriculum and resources.

Trip.com Group (TCOM) Announces Strong Recovery and Significant Growth in Third Quarter 2023

Trip.com Group Limited (TCOM) to announce financial results for Q3 2023 on November 20, 2023. Management to host conference call for investors and analysts. Webcast and replay available at investors.trip.com. Participants must pre-register for unique access PIN.

Trip.com Group welcomes Italy's Minister of Tourism, discussing collaboration and promoting Italy as a destination. Search volumes and bookings for Italy travel products have significantly increased: flight search volume rose by 363% and accommodation bookings increased by 283% in August 2023 compared to the previous year.

Trip.com Group reports strong financial results for Q2 2023 with significant revenue growth and recovery in travel bookings. Domestic hotel bookings grew by 170% YoY and outbound hotel and air reservations reached over 60% of pre-COVID levels. Total net revenue increased by 180% YoY, and net income for Q2 was RMB648 million ($91 million), a significant improvement from the same period in 2022. Adjusted EBITDA margin was 33%, compared to 9% in 2022. The company remains optimistic about the long-term market outlook.

Trip.com Group will announce its financial results for Q2 2023 on September 4, 2023. Conference call details available at http://investors.trip.com.