On Friday, Trip.com (TCOM.US) rose by over 3%, closing at $67.14.
According to the Zhitong Finance APP, on Friday, Trip.com (TCOM.US) rose over 3% to $67.14. Citibank's Analyst indicated in a research report that an increase in public holidays in China by 2025, along with local governments potentially issuing more consumer vouchers related to tourism, could benefit Trip.com Group. They anticipate that the revenue of this Chinese online travel platform will grow by 15% in 2025. These Analysts noted that due to the low base for outbound travel in the same period of 2024, and if this year's Spring Festival holiday extends with the weekend, Trip.com's revenue in the first quarter may achieve robust growth.