U.S. Stock Movement | Trip.com Group (TCOM.US) Rises Over 2% as Tourism Market Heats Up Ahead of Holiday Season

Stock News
Yesterday

On Tuesday, Trip.com Group Limited (TCOM.US) gained more than 2%, trading at $75.83. On the news front, multiple online travel platforms and travel agencies reported that residents' travel intentions have significantly strengthened during this year's Mid-Autumn Festival and National Day holiday period. Bookings for short-distance trips and chartered tours have doubled compared to the same period last year, showing distinct characteristics of increased frequency in short-haul travel and upgraded quality in long-haul trips. Routes to some popular destinations have already sold out in advance, with both domestic and outbound tourism markets heating up simultaneously. Additionally, big data from aviation travel platforms shows that as of September 13, domestic flight ticket bookings for this year's Mid-Autumn Festival and National Day holiday period exceeded 4.52 million tickets, with daily average ticket bookings increasing by more than 25% compared to the same period last year. As of September 13, international flight ticket bookings for this year's Mid-Autumn Festival and National Day holiday period have exceeded 1.29 million tickets, with daily average ticket bookings growing approximately 14% compared to the same period last year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10