Trip.com May See International Revenue Growth Accelerate -- Market Talk

Dow Jones
05/21

0244 GMT - Trip.com is likely to see international revenue growth continue to accelerate, Daiwa analysts John Choi and Candis Chan say in a note. The online travel agency's growth momentum in international segments remained strong in the first quarter, the analysts say. This momentum is likely to continue, with international revenue projected to grow 52% on year in 2Q, thanks to continued expansion in the Middle East and Europe, as well as its solid Asia-Pacific business, the analysts say. They keep a buy rating and raise their target price to HK$745.00 from HK$735.00. Shares are 2.2% lower at HK$494.20. (tracy.qu@wsj.com)

 

(END) Dow Jones Newswires

May 20, 2025 22:44 ET (02:44 GMT)

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