0518 GMT - International travel momentum is likely to remain resilient for the rest of 2025, and boost Trip.com's revenue, say UOB Kay Hian analysts in a note. They expect the Shanghai-based travel agency's outbound hotel division revenue to climb 15%-20% on year in 3Q, while the top line from its international hotel business should jump over 70%. Recovery in international flights should support outbound ticket revenue growth, partially offset by lower hotel average daily rates, they add. The analysts raise their 3Q and 2025 earnings forecast by 3% and 7%, respectively, citing Trip.com's prudent cost controls and artificial intelligence integration. The brokerage lifts its stock target to HK$725.00 from HK$635.00 while maintaining a buy rating. Shares fall 1.1% to HK$569.50. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
September 02, 2025 01:18 ET (05:18 GMT)
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