Trip Group LimitedNASDAQ: TCOM

SINGAPORE , Nov. 5, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its financial results for the three months ended September 30, 2024 on Monday, November 18, 2024, U.S. Time. Trip.com Group's management team will host a conference call at 7:00 PM U.S. Eastern Time on November 18, 2024 (or 8:00 AM on November 19, 2024 in the Shanghai/Hong Kong Time) following the announcement.

Trip.com Group Limited is well-positioned to capture growth from the growing Chinese travel industry. The COVID-19 pandemic caused a massive decline in especially TCOM's 2020–2022 revenues, but the following tourism recovery has led to recently incredibly strong growth momentum, looking to strengthen TCOM's Q3. TCOM stock is valued with a slight undervaluation, still falling within a margin of safety, as the industry also has cheaper alternative investments.

Trip.com (TCOM) closed the most recent trading day at $64.89, moving -0.28% from the previous trading session.

In the closing of the recent trading day, Trip.com (TCOM) stood at $60.53, denoting a +0.05% change from the preceding trading day.

Trip.com (TCOM) could produce exceptional returns because of its solid growth attributes.

Does Trip.com (TCOM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Trip.com (TCOM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Mid to high-star hotels drive consumption Chinese travellers are seeking destinations beyond key capitals with a focus on lesser-known destinations  Top outbound destinations are in APAC: Japan, Thailand, South Korea European long-haul travel is up almost 30%, with multi-destination trips above the global average length of stay.     SHANGHAI , Sept.

Trip.com shows strong international expansion and market share growth, supported by strategic alliances and a robust supply chain, despite increased marketing spending. The company's new products are well-received across demographics, with a significant portion of orders coming from mobile devices, indicating direct user engagement. Trip.com reported outbound hotel and flight ticket booking volumes returning to 2019 levels, outperforming industry averages by 20-30%.