Trip.com Group Limited Q3 2025 Earnings Recap

Trip.com Group reported a strong Q3 2025, with net revenue increasing by 16% year-over-year, driven by robust domestic and international travel demand and innovative offerings.

Key Takeaways

• Domestic and outbound travel bookings surged, with outbound hotel and air bookings growing by nearly 20% compared to last year, achieving 140% of 2019 levels.
• Inbound bookings surged over 100% year-over-year, reflecting the success of targeted initiatives like the free layover experience at Hong Kong International Airport.
• Mobile booking now accounts for over 70% of total bookings, enhancing user experience through seamless management of travel needs.
• Age-diverse travel segments showed significant growth, with affluent seniors driving a notable increase in spending and demand for tailored travel experiences.