Trip.com Group operations income up 52% as company begins new chapter

PhocusWire | November 14, 2019

Trip.com Group (formerly Ctrip) posted a 52% year-over-year increase in income from operations to $314 million, according to the company’s unaudited financial results for the third quarter of 2019. Operating margin reached 21% for the quarter, topping the 16% mark for the same period in 2018. The Shanghai-based OTA, which recently celebrated its 20-year anniversary, reported a 50% year-over-year growth rate in its international hotel business (excluding Greater China). It was also the 12th consecutive quarter of triple digit growth for international air ticketing volume.

Spotlight

Discover Paris with Anthony Bourdain as he shares his top tip of doing as little as possible! and Prance around Paris with Anthony Bourdain as on Discovery Channel 422. "The Layover" premieres 27 Oct, 9.55pm

Spotlight

Discover Paris with Anthony Bourdain as he shares his top tip of doing as little as possible! and Prance around Paris with Anthony Bourdain as on Discovery Channel 422. "The Layover" premieres 27 Oct, 9.55pm

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TRAVEL TECHNOLOGY

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Cobalt Robotics , Bear Robotics | August 24, 2021

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