Trip.com Group reported first-quarter 2026 net revenue of RMB16.2 billion, a 17% increase year over year. Accommodation reservation revenue rose 17% to RMB6.5 billion, transportation ticketing revenue grew 12% to RMB6.1 billion, packaged tour revenue increased 19% to RMB1.1 billion, and corporate travel revenue climbed 20% to RMB690 million. Adjusted EBITDA reached RMB4.8 billion, up from RMB4.2 billion a year earlier, while non-GAAP diluted earnings per ADS came in at RMB5.73. The company highlighted strong momentum in inbound travel, with gross bookings surging approximately 90% year over year, and its international OTA platform saw a 65% increase in gross bookings. Looking ahead, Trip.com Group provided second-quarter net revenue growth guidance of 3% to 8% year over year, citing softer air travel demand due to higher airfares and compliance-related adjustments.
Trip.com Group LtdQ1 revenue and EBITDA beat expectations, with strong inbound and international growth.