Tripcom Group Ltd Stock Price, News & Analysis

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has established a strategic partnership with Trip.com Group at the Arabian Travel Market. The agreement aims to enhance Abu Dhabi's visibility in 13 international markets, targeting 57,000 room nights over the next year. This collaboration focuses on promoting the UAE capital as a premier travel destination while launching initiatives for sustainable tourism and talent development.

Leaders from both organizations highlighted the importance of shared marketing efforts to boost the tourism sector and enrich visitor experiences in Abu Dhabi.

Trip.com Group Limited (Nasdaq: TCOM) announced on April 27, 2022, the filing of its annual report on Form 20-F with the Securities and Exchange Commission. The report includes audited financial statements for the years ending December 31, 2021. It is available for review on the Company's investor website. Trip.com Group is a comprehensive travel service provider, catering to travelers in China and globally, offering accommodation, transportation, and corporate travel management services.

Trip.com Group Limited (Nasdaq: TCOM) reported its financial results for Q4 and the full year of 2021. The company showed resilience with a 9% annual revenue increase to RMB 20.0 billion (US$3.1 billion), despite a Q4 net revenue decrease of 6% to RMB 4.7 billion (US$735 million) due to COVID-19 impacts. Corporate travel revenue surged 54% for the year. However, net loss for Q4 was RMB 834 million (US$131 million), contrasting with a profit of RMB 1 billion in Q4 2020. Adjusted EBITDA decreased to RMB 54 million (US$7 million) for Q4, with an annual total of RMB 1.3 billion (US$203 million).

Trip.com Group Ltd. (Nasdaq: TCOM) will report its fourth quarter and full year 2021 financial results on March 23, 2022, after market close. Management will host a conference call at 8:00PM ET that same day, available via live webcast. Interested participants must pre-register to join, receiving dial-in details post-registration. The call will also be archived for replay until March 31, 2022. Trip.com Group is a leading global travel platform, offering a suite of services including accommodation, transportation, and corporate travel management.

Trip.com Group Limited (Nasdaq: TCOM) announced the adoption of significant resolutions during its annual general meeting in Shanghai on December 21, 2021. The resolutions include the adoption of the Chinese name "攜程集團有限公司" as the dual foreign name for the company and amendments to the company's Memorandum and Articles of Association, transitioning to a new Third Amended and Restated version. As a leading one-stop travel service provider, Trip.com Group continues to enhance its global travel platform.

Trip.com Group (Nasdaq: TCOM) reported its Q3 2021 financial results, revealing a net revenue of RMB5.3 billion (US$831 million), a 2% decrease year-over-year and a 9% decline from the previous quarter.

Accommodation reservations fell 11%, while transportation ticketing dropped 5%. However, packaged-tour revenues grew by 20%. The company faced challenges from COVID-19 resurgences but noted a 35% growth in intra-province hotel reservations.

Despite actions to enhance traveler confidence, the net loss attributable to shareholders was RMB849 million (US$131 million).

Trip.com Group Ltd. (Nasdaq: TCOM) will announce its third quarter 2021 results on December 15, 2021, after market close. A conference call will follow at 7:00 PM EST on the same day, accessible via Webcast. Participants must pre-register to join, receiving access details post-registration. For those unable to attend, a telephone replay will be available until December 23, 2021, with a specific international dial-in number provided. Founded in 1999 and listed on Nasdaq since 2003, Trip.com is a leading global travel platform.

Trip.com Group has signed a strategic global agreement with Wyndham Hotels & Resorts, enhancing collaboration in the travel industry. This partnership enables Trip.com users to access over 9,000 Wyndham hotels across 22 brands, significantly boosting their accommodation inventory. The agreement aims to strengthen marketing initiatives and optimize the booking experience, particularly for Chinese travelers. Wyndham's popular presence in Mainland China is underscored by record sales during Ctrip's 919 Super Brand Day campaign. Both companies anticipate this alliance will accelerate recovery in global travel.

Trip.com Group Limited (Nasdaq: TCOM) announced an annual general meeting (AGM) for shareholders on December 21, 2021, at 9:00 a.m. Hong Kong time. Shareholders of record as of November 16, 2021, are entitled to participate. The AGM will focus on approving the adoption of a dual foreign name and the amendment of the Company's articles of association. The notice of the meeting is available on the Company's website and SEC's site. Trip.com Group is a leading global travel service provider, operating under brands like Ctrip and Skyscanner.