Latest news with #TripcomGroup
Al Bawaba
2 days ago
- Business
- Al Bawaba
Arabian Travel Market underscores the vital role of Asia Pacific in the future of tourism as international travel is set to reach US$2.5 trillion by 2029
The Asia-Pacific (APAC) region is poised for significant tourism growth, with spending on international travel forecast to hit US$2.5 trillion and domestic travel to reach US$4.3 trillion by 2029, according to the latest data from Euromonitor travel from APAC is projected to grow at a CAGR of 7%, with intra-regional journeys expected to account for 61% of all trips by the end of 2025. By 2029, one in three trips is anticipated to be outside the APAC region, with 75% of bookings set to be made online.A high-impact panel discussion at Arabian Travel Market (ATM), brought together top industry minds to explore the future of travel in the APAC region. Moderated by Mingie Wang, Chief Correspondent at China Daily, the panel discussed traveller behaviour, digital transformation, and the resurgence of outbound travel, particularly from China, providing fascinating insights into this key global included Alhasan Aldabbagh, President of APAC Markets, Saudi Tourism Authority; Gary Bowerman, Founder of Check-in Asia; Boon Sian Chai, Managing Director and Vice President of International Markets at Group; and Shahab Shayan, Regional Director Asia Pacific at Department of Economy and the session they highlighted a shift in purchasing decisions across the APAC region, driven by experiential travel, digitalisation, and a growing desire for cultural Curtis, Exhibition Director ME, Arabian Travel Market, said: 'More than 60% of travellers are booking trips around concerts and sporting events, while over 40% are influenced by digital platforms such as TikTok. Interestingly, film and television are also playing a significant role, evidenced by a rise in bookings to Thailand following the popularity of The White Lotus.'According to a recent report compiled by Tourism Economics on behalf of ATM, tourism nights from Asia Pacific and Africa are on track to more than double between 2025 and 2030. The number of tourism nights, specifically from China to the Middle East, is expected to grow by 189% through 2030, and APAC source markets are set to account for the largest share of business nights in the region, with India, in particular, gaining addition, travellers from APAC record the highest spend per person per day globally, at a rate of US$300, across various tourism sectors, including accommodation, food and beverage, and retail. This high level of expenditure is mainly driven by Chinese travellers whose strong purchasing power continues to shape global travel Dubai Economic Agenda, D33, is key to ensuring the emirate's strategic success in APAC markets, with a focus on market segmentation and storytelling. By tailoring messaging for platforms such as the video-sharing website Bilibili and the social networking and e-commerce platform Red Note, and leveraging strong air links through carriers like Emirates and flydubai, Dubai's tourism authorities continue to position the city as a relevant, accessible, and aspirational destination for travellers across a newcomer to APAC tourism markets, Saudi Arabia has adopted a highly localised approach, as outlined during the discussion. Recognising the diversity of the region, which comprises 49 distinct countries, tourism authorities in the Kingdom study each source market closely, from dietary preferences to cultural nuances, tailoring travel experiences accordingly. This strategy is supported by partnerships with media, trade, and research bodies to ensure that Saudi Arabia's offerings resonate authentically with travellers across the added: 'Technology is playing an increasingly pivotal role in travel decision-making across the APAC region, with consumers relying heavily on digital tools, social media, and planning is transforming how travellers research and book trips, although the digital landscape varies significantly from country to country. One constant across the region is the importance of trust, particularly in peer-generated content, which continues to influence traveller choices at every stage of the journey.'Panellists also cited sustainability as a key consideration for younger generations in the APAC region, with research from indicating that 30-40% of Gen Y and millennial travellers are willing to pay more for eco-friendly travel. For these consumers, sustainability extends beyond carbon offsets and environmental protection, encompassing support for local culture and heritage. ATM is a leading global event held annually in Dubai, which enables growth for the travel and tourism industry. Uniting all travel sectors and verticals, the event generates US$2.5 billion in business deals. The next edition of ATM will take place at the Dubai World Trade Centre from May 4 to 7, 2026.
Zawya
2 days ago
- Business
- Zawya
Arabian Travel Market underscores the vital role of Asia Pacific in the future of tourism
Outbound travel from the Asia Pacific region (APAC) is projected to grow at a CAGR of 7% through 2029 Digital platforms and popular culture are driving travel behaviour Localisation is key to attracting travellers from APAC, with destinations like Dubai and Saudi Arabia adopting market-specific strategies Dubai, United Arab Emirates: The Asia-Pacific (APAC) region is poised for significant tourism growth, with spending on international travel forecast to hit US$2.5 trillion and domestic travel to reach US$4.3 trillion by 2029, according to the latest data from Euromonitor International. Outbound travel from APAC is projected to grow at a CAGR of 7%, with intra-regional journeys expected to account for 61% of all trips by the end of 2025. By 2029, one in three trips is anticipated to be outside the APAC region, with 75% of bookings set to be made online. A high-impact panel discussion at Arabian Travel Market (ATM), brought together top industry minds to explore the future of travel in the APAC region. Moderated by Mingie Wang, Chief Correspondent at China Daily, the panel discussed traveller behaviour, digital transformation, and the resurgence of outbound travel, particularly from China, providing fascinating insights into this key global market. Panelists included Alhasan Aldabbagh, President of APAC Markets, Saudi Tourism Authority; Gary Bowerman, Founder of Check-in Asia; Boon Sian Chai, Managing Director and Vice President of International Markets at Group; and Shahab Shayan, Regional Director Asia Pacific at Department of Economy and Tourism. During the session they highlighted a shift in purchasing decisions across the APAC region, driven by experiential travel, digitalisation, and a growing desire for cultural immersion. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: 'More than 60% of travellers are booking trips around concerts and sporting events, while over 40% are influenced by digital platforms such as TikTok. Interestingly, film and television are also playing a significant role, evidenced by a rise in bookings to Thailand following the popularity of The White Lotus.' According to a recent report compiled by Tourism Economics on behalf of ATM, tourism nights from Asia Pacific and Africa are on track to more than double between 2025 and 2030. The number of tourism nights, specifically from China to the Middle East, is expected to grow by 189% through 2030, and APAC source markets are set to account for the largest share of business nights in the region, with India, in particular, gaining importance. In addition, travellers from APAC record the highest spend per person per day globally, at a rate of US$300, across various tourism sectors, including accommodation, food and beverage, and retail. This high level of expenditure is mainly driven by Chinese travellers whose strong purchasing power continues to shape global travel trends. The Dubai Economic Agenda, D33, is key to ensuring the emirate's strategic success in APAC markets, with a focus on market segmentation and storytelling. By tailoring messaging for platforms such as the video-sharing website Bilibili and the social networking and e-commerce platform Red Note, and leveraging strong air links through carriers like Emirates and flydubai, Dubai's tourism authorities continue to position the city as a relevant, accessible, and aspirational destination for travellers across Asia. As a newcomer to APAC tourism markets, Saudi Arabia has adopted a highly localised approach, as outlined during the discussion. Recognising the diversity of the region, which comprises 49 distinct countries, tourism authorities in the Kingdom study each source market closely, from dietary preferences to cultural nuances, tailoring travel experiences accordingly. This strategy is supported by partnerships with media, trade, and research bodies to ensure that Saudi Arabia's offerings resonate authentically with travellers across the region. Curtis added: 'Technology is playing an increasingly pivotal role in travel decision-making across the APAC region, with consumers relying heavily on digital tools, social media, and AI. Mobile-first planning is transforming how travellers research and book trips, although the digital landscape varies significantly from country to country. One constant across the region is the importance of trust, particularly in peer-generated content, which continues to influence traveller choices at every stage of the journey.' Panellists also cited sustainability as a key consideration for younger generations in the APAC region, with research from indicating that 30-40% of Gen Y and millennial travellers are willing to pay more for eco-friendly travel. For these consumers, sustainability extends beyond carbon offsets and environmental protection, encompassing support for local culture and heritage. ATM is a leading global event held annually in Dubai, which enables growth for the travel and tourism industry. Uniting all travel sectors and verticals, the event generates US$2.5 billion in business deals. The next edition of ATM will take place at the Dubai World Trade Centre from May 4 to 7, 2026. The latest ATM news stories are available at -Ends- For more information, log on to Now in its 33rd year, Arabian Travel Market (ATM) is the leading global platform driving growth and innovation across every sector of travel and tourism. Held annually in Dubai – the gateway to global travel and tourism with its unmatched connectivity – ATM is where the energy of opportunity comes to life. More than just an event, ATM is a dynamic hub for industry communities, with forums, experiences, and networking that continue well beyond the show floor over the week. Now in a period of rapid expansion, ATM has grown 16% year on year, attracting over 55,000 travel professionals from 166 countries. The next edition of ATM will take place in Dubai from 4–7 May 2026. About RX RX is a global leader in events and exhibitions, leveraging industry expertise, data, and technology to build businesses for individuals, communities, and organisations. With a presence in 25 countries across 42 industry sectors, RX hosts approximately 350 events annually. RX is committed to creating an inclusive work environment for all our people. RX empowers businesses to thrive by leveraging data-driven insights and digital solutions. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. For more information, visit About RELX RELX is a global provider of information-based analytics and decision tools for professional and business customers. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 36,000 people over 40% of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York stock exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. *Note: Current market capitalisation can be found at World Travel Market (WTM) portfolio comprises leading travel events and online portals across four continents. The events are: WTM London is the world's most influential travel & tourism event for the global travel community. The show is the ultimate destination for those seeking a macro view of the travel industry and a deeper understanding of the forces shaping it. WTM London is where influential travel leaders, buyers and high-profile travel companies gather to exchange ideas, drive innovation, and accelerate business outcomes. Next event: 4 to 6 November 2025 at ExCel London. WTM Latin America takes place annually in the city of São Paulo and attracts around 20,000 tourism professionals during the three-day event. The event offers qualified content together with networking and business opportunities. In this its ninth edition – there have been eight face-to-face events along with a 100% virtual one, which was held in 2021 – WTM Latin America continued to focus on effective business generation, and achieved the advance booking of six thousand meetings that were held between buyers, travel agents and exhibitors in 2022. Next event: 14 to 16 April 2026 – Expo Center Norte, SP, Brazil. WTM Africa launched in 2014 in Cape Town, South Africa. In 2022, WTM Africa facilitated more than 7 thousand unique pre-scheduled appointments, an increase of more than 7% compared to 2019 and welcomed more than 6 thousand visitors (unaudited), the same number as in 2019. Next event: 13 to 15 April 2026 – Cape Town International Convention Centre, Cape Town About ATW Connect: Africa Travel Week's digital arm, is a virtual hub packed to the seams with interesting content, industry news and insights, and the opportunity to hear from experts on a variety of topics in our new monthly webinar series. All with the aim to keep all of us in the travel and tourism industry connected. ATW Connect focuses on inbound and outbound markets for general leisure tourism, luxury travel and the MICE/business travel sector as well as travel technology. WTM Global Hub, is the WTM Portfolio online portal created to connect and support travel industry professionals around the world. The resource hub offers the latest guidance and knowledge to help exhibitors, buyers and others in the travel industry face the challenges of the global coronavirus pandemic. WTM Portfolio is tapping into its global network of experts to create content for the hub. Media contact: TRINA QUINTANA Account Manager Indigo Icon Tower, Jumeirah Lakes Towers Dubai, United Arab Emirates E-mail: Website: A member of the ECCO Communications Network
Yahoo
01-06-2025
- Business
- Yahoo
Investors Will Want Trip.com Group's (NASDAQ:TCOM) Growth In ROCE To Persist
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at Group (NASDAQ:TCOM) and its trend of ROCE, we really liked what we saw. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Group, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.084 = CN¥14b ÷ (CN¥248b - CN¥77b) (Based on the trailing twelve months to March 2025). So, Group has an ROCE of 8.4%. On its own, that's a low figure but it's around the 9.6% average generated by the Hospitality industry. View our latest analysis for Group In the above chart we have measured Group's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Group for free. Even though ROCE is still low in absolute terms, it's good to see it's heading in the right direction. The data shows that returns on capital have increased substantially over the last five years to 8.4%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 33%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers. A company that is growing its returns on capital and can consistently reinvest in itself is a highly sought after trait, and that's what Group has. And with the stock having performed exceptionally well over the last five years, these patterns are being accounted for by investors. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. While Group looks impressive, no company is worth an infinite price. The intrinsic value infographic for TCOM helps visualize whether it is currently trading for a fair price. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-05-2025
- Business
- Yahoo
Should You Be Adding Trip.com Group (NASDAQ:TCOM) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Group (NASDAQ:TCOM). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Group has undergone a massive growth in earnings per share over the last three years. So much so that this three year growth rate wouldn't be a fair assessment of the company's future. Thus, it makes sense to focus on more recent growth rates, instead. To the delight of shareholders, Group's EPS soared from CN¥16.63 to CN¥26.06, over the last year. That's a fantastic gain of 57%. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Not all of Group's revenue this year is revenue from operations, so keep in mind the revenue and margin numbers used in this article might not be the best representation of the underlying business. While we note Group achieved similar EBIT margins to last year, revenue grew by a solid 17% to CN¥55b. That's a real positive. The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image. Check out our latest analysis for Group While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for Group? We would not expect to see insiders owning a large percentage of a US$40b company like Group. But we do take comfort from the fact that they are investors in the company. Indeed, they have a considerable amount of wealth invested in it, currently valued at CN¥836m. This suggests that leadership will be very mindful of shareholders' interests when making decisions! For growth investors, Group's raw rate of earnings growth is a beacon in the night. This EPS growth rate is something the company should be proud of, and so it's no surprise that insiders are holding on to a considerable chunk of shares. On the balance of its merits, solid EPS growth and company insiders who are aligned with the shareholders would indicate a business that is worthy of further research. Of course, just because Group is growing does not mean it is undervalued. If you're wondering about the valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in the US with promising growth potential and insider confidence. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Trip.com Group Ltd (TCOM) Q1 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Net Revenue: RMB13.8 billion, a 16% increase year-over-year and a 9% increase from the previous quarter. Accommodation Reservation Revenue: RMB5.5 billion, a 23% increase year-over-year and a 7% increase quarter-over-quarter. Transportation Ticketing Revenue: RMB5.4 billion, an 8% increase year-over-year and a 13% increase quarter-over-quarter. Packaged Tour Revenue: RMB947 million, a 7% increase year-over-year and a 9% increase quarter-over-quarter. Corporate Travel Revenue: RMB573 million, a 12% increase year-over-year and an 18% decrease quarter-over-quarter. Adjusted EBITDA: RMB4.2 billion, compared with RMB4 billion in the same period last year. Diluted Earnings per ADS: RMB6.09 or USD0.84 for the first quarter of 2025. Non-GAAP Diluted Earnings per ADS: RMB5.96 or USD0.82 for the first quarter. Cash and Cash Equivalents: RMB92.9 billion or USD12.8 billion as of March 31, 2025. Share Repurchase: Approximately USD84 million of shares repurchased. Warning! GuruFocus has detected 4 Warning Signs with PPSI. Release Date: May 20, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Group Ltd (NASDAQ:TCOM) reported a 16% year-over-year increase in net revenue for Q1 2025, indicating strong business momentum. Inbound travel bookings surged by approximately 100% year-over-year, driven by favorable visa policies and increased global visibility. AI-driven tools like TripGenie have enhanced user engagement, with a 50% increase in average user session duration. The company has successfully expanded its international presence, with overall travel bookings on its international OTA platform growing by over 60% year-over-year. Group Ltd (NASDAQ:TCOM) has a strong cash position, with cash and cash equivalents totaling RMB92.9 billion or USD12.8 billion as of March 31, 2025. Corporate travel revenue decreased by 18% quarter-over-quarter, reflecting normal seasonality but indicating potential volatility in this segment. Adjusted product development expenses increased by 14% year-over-year, driven by higher personnel-related costs. The company faces challenges from geopolitical tensions and forex volatility, which could impact outbound travel trends. Hotel ADR decreased by high single digits in Q1 2025 compared to the previous year, indicating pricing pressure in the hotel segment. Despite strong performance, the marketing expenses ratio may fluctuate due to seasonality and varying market conditions, impacting overall cost efficiency. Q: Could you share your perspective on how vertical AI agents compare to general AI agents within the travel industry? Additionally, how do you envision the future development of these technologies? A: Vertical AI agents excel at providing real-time proprietary travel data and integrating products and services, while general agents offer broader information but rely on vertical OTAs for bookings. AI is crucial in strategy, with tools like TripGenie enhancing user engagement. We aim to be the most efficient and reliable one-stop travel service platform. - Jianzhang Liang, Executive Chairman of the Board Q: Could management provide some color about your performance during the Labor Day holiday and the quarter-to-date? A: We saw strong performance during the Labor Day holiday, with domestic hotel bookings increasing by over 20% and cross-border bookings growing by around 30%. Inbound bookings surged by approximately 150% year-over-year, indicating resilient leisure travel demand. - Xiaofan Wang, Chief Financial Officer Q: Can you share insights on the outbound travel trend and your expectations for the full year, considering the current uncertain environment? A: Cross-border flights from Mainland China recovered to 83-84% of 2019 levels, with expectations to exceed 90% by the end of 2025. Our outbound bookings outperform the industry, especially in long-haul destinations like Europe. Forex exchanges create a natural hedge for our inbound and outbound operations. - Xiaofan Wang, Chief Financial Officer Q: How are hotel prices trending recently, and what is the outlook for the full year? A: Hotel ADR decreased by high single digits in Q1 but stabilized in Q2, with prices dropping by low single digits during the Labor Day holiday. We expect increasing travel demand and normalizing supplier growth to stabilize hotel prices. - Xiaofan Wang, Chief Financial Officer Q: Can you share insights on consumer sentiment in the context of the dynamic macro environment and geopolitical tensions? A: Travel demand remains resilient across markets, with strong leisure travel demand and stable business travel trends. Corporate users expect their travel budgets to grow or remain unchanged by 2025, indicating stable demand. - Jie Sun, Chief Executive Officer Q: Could you help us understand the current domestic competitive landscape and the impact of competitors' aggressive membership programs? A: The domestic competition is rationalized, and our strong membership program provides competitive pricing and coverage. Our partners can offer customized services, with 80% of revenue from existing customers, extending our leadership. - Jie Sun, Chief Executive Officer Q: Could you provide insights into the first quarter performance, both operationally and financially? A: achieved strong growth with bookings increasing by over 60% year-over-year. APAC remains a priority, and we are expanding in new markets like the Middle East. Cost efficiency is improving, and marketing ROI aligns with requirements. - Xiaofan Wang, Chief Financial Officer Q: Could you elaborate on the latest developments in the inbound business and its current revenue contribution? A: Inbound travel is supported by favorable policies like visa-free access for over 40 countries. We offer comprehensive inventory and competitive pricing, leading to strong momentum and three-digit growth in Q1. - Jie Sun, Chief Executive Officer For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
