Trip.com News | Sep 05, 2024

Trip.com Group's Trip.Biz unveiled its new Product Matrix at Trip.Biz Transform 2024 in Singapore, offering an All-in-One Digital experience for business travel management.

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Trip.com Group is a leading one-stop travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Founded in 1999, listed on Nasdaq in 2003 and HKEX in 2021, Trip.com Group has become one of the largest travel companies in the world in terms of gross merchandise value. The company offers a wide range of travel services including flights, hotels, car rentals, and train tickets, catering to both domestic and international customers.

  • Trip.com Group's Trip.Biz unveiled its new Product Matrix at Trip.Biz Transform 2024 in Singapore, offering an All-in-One Digital experience for business travel management.
  • Trip.com has formed a three-year partnership with Jewel Changi Airport to enhance travel experiences, including an interactive pop-up event and a new Light & Music Showcase debuting in October.
  • Trip.com has partnered with HSBC to offer Travel Guru members Diamond membership status with benefits like hotel discounts, extra Trip Coins, and airport lounge access.
  • Trip.com launched TripPlus, a loyalty program to help properties attract high-value members and boost revenue.
  • Trip.com released its Q2 2024 financial report, emphasizing its commitment to innovation and AI technology in the travel industry, according to Chairman James Liang.
  • Trip.com hosted the Trip.Gourmet Global Rebrand Launch and the Trip.Best Gourmet Awards Ceremony at the Sands Expo & Convention Centre, introducing a refined grading system and expanding their global restaurant selection.
  • Amy Wei, senior product director at Trip.com, announced the launch of the AI travel assistant TripGenie within the Trip.com app in February 2023, highlighting the integration of generative AI into their services.
  • Trip.com reported that senior travelers spent over RMB 1.6 billion ($224.6 million) on its platform in the past two quarters and launched the Old Friends Club to cater to those aged 50 and above.
  • Trip.com shares jumped 9.7% to $46.45 in pre-market trading after reporting second-quarter adjusted earnings per ADS of $1.00, beating market estimates of 74 cents per share.
  • Trip.com will be posting its quarterly earnings results after the market closes on August 26th, with analysts expecting $0.65 per share.
  • Trip.com partnered with Lexis Hotel Group to host Ctrip’s first-ever live stream in Malaysia during the 919 Global Travel Bargain Festival.
  • Trip.com Group joined the 8th IUCN Regional Conservation Forum on September 4 in Bangkok, with Vice President Edison Chen highlighting their commitment to sustainable travel and wildlife conservation.
  • Trip.com introduced the Trip.Biz Product Matrix at Trip.Biz Transform 2024, showcasing new digital platforms, payment solutions, reporting tools, and personalized care services.
  • Trip.com CEO Jane Sun discussed the latest earnings report, travel trends, and overtourism on BBC 'Business Today'.
  • Trip.com will attend the China Visitor Summit from September 5-6 at the SO/ Uptown Dubai Hotel.
  • Trip.com hosted Trip.Biz Transform 2024 in Singapore, unveiling a new Product Matrix and collaborating with partners from Vietnam, Japan, China Mainland, and Thailand.
  • Trip.com is seeing promising UK demand data ahead of the Chinese public holidays, with lead times for CN-UK bookings being either very short or very long.
  • Trip.com is offering tickets and information for The Prince Experience 2024 in Columbus on December 21, 2024, along with discounted flight and hotel packages.
  • Trip.com celebrated the one-year anniversary of their new office in Thailand on August 30.
  • Trip.com celebrated the 1-year anniversary of KULCC.
  • Trip.com CEO Jane Sun discussed corporate culture, female leadership, and gender equality in an interview with Nicolai Tangen, CEO of Norges Bank Investment Management, on the 'In Good Company' podcast.
  • Trip.com reported a 200% increase in inbound travel bookings during the quarter, now accounting for over 25% of total revenue.
  • Trip.com reported a 14% year-over-year revenue increase in Q2 2024, boosting its ADRs by 8.6%.
  • Bo Sun, Chief Marketing Officer of Trip.com Group, has been named 'Marketing Professional of the Year' at the 2024 CMO Asia Awards.
  • Umut Citamak joined Trip.com as Director Airline Business - North America in Germany, previously working as Manager Business Development - International Digital Sales at AIDA Cruises.
  • Trip.com is currently seeking a Product & Marketing Director in Japan.
  • Trip.com Group launched its Asia Live Streaming Centre in Bangkok to enhance Thailand’s tourism through daily live content and exclusive deals, with plans to expand to other Southeast Asian markets by Q1 2025.
  • Trip.com recently relocated to a new, larger office in Tsim Sha Tsui, Hong Kong, to support its rapid expansion and growing customer base.
  • Trip.com expanded its footprint to Hanoi.
  • Trip.com will be part of the TeamWork Global 2024 project initiated by the University of Warwick, collaborating with students from Cornell University, the University of Toronto, and IIT Delhi.
  • Trip.Biz, powered by Trip.com Group, released a 'Corporate Travel Management Market White Paper' detailing key trends and behaviors in business travel.

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