HONG KONG, 24 May 2021: Trip.com Group, China’s largest online travel agency, reported higher-than-expected financial performance for the first quarter, and the strong results indicate a resilient recovery of China’s domestic tourism market, according to a China Daily report.
Compared with the first quarter of 2019 before the outbreak
of the COVID-19 pandemic, both domestic hotel and air ticketing reservations
have fully recovered since early March and achieved double-digit growth,
according to the company’s latest financial results reported last Wednesday.
In the first quarter, Trip.com achieved sales revenue of 4.1
billion yuan (USD628 million). During the period, its net profit reached 1.8