交通票务营业收入为54亿元人民币（7亿5300万美元），同比上升11%，主要得益于交通票务预订的增 长。交通票务营业收入环比稳定。 旅游度假业务营业收入为11亿元人民币（1亿5100万美元），同比上升5%，主要得益于旅游度假业务预 定的增长。旅游度假业务营业收入环比上升14%，主要得益于越来越强劲的旅游需求，尤其在节假日期 间表现突出。 8月28日，携程集团-S发布2025年第二季度及上半年业绩公告。 2025年第二季度，携程集团净营业收入为148亿元人民币（21亿美元），同比上升16%，环比上升7%。 住宿预订营业收入为62亿元人民币（8亿6900万美元），同比上升21%，主要得益于住宿预订的增长。 住宿预订营业收入环比上升12%，主要得益于越来越强劲的旅游需求，尤其在节假日期间表现突出。 归属于携程集团股东的净利润为48亿元人民币（6亿7600万美元），相比2024年同期为38亿元人民币， 相比上季度为43亿元人民币。 截至2025年6月30日，现金及现金等价物、受限制现金、短期投资及持有至到期的定期存款和理财产品 余额为941亿元人民币（131亿美元）。 度商旅管理业务营业收入为6亿9200万元人民币（ ...

Trip.com Group (TCOM) Q2 2025 Earnings Call August 27, 2025 08:00 PM ET Company ParticipantsMichelle Qi - Senior IR DirectorJames Liang - Co-Founder & Executive ChairmanJane Sun - CEO & DirectorCindy Wang - CFO and EVPAlex Yao - Co-Head of Asia Technology, Media & TelecommunicationsJoyce Ju - Vice PresidentThomas Chong - Managing DirectorBrian Gong - Internet & Media ResearchYang Liu - Executive DirectorParash Jain - Managing DirectorSimon Cheung - Managing DirectorWei Fang - DirectorJohn Choi - Executive D ...

Financial Data and Key Metrics Changes - The company reported a net revenue of RMB 14.8 billion for Q2 2025, representing a 16% increase year over year and a 7% increase from the previous quarter [31] - Adjusted EBITDA for the quarter was RMB 4.9 billion, up from RMB 4.4 billion in the same period last year [34] - Diluted earnings per share were RMB 6.97 or USD 0.97, with non-GAAP diluted earnings per share at RMB 7.20 or USD 1.01 [34] Business Line Data and Key Metrics Changes - Accommodation reservation revenue increased by 21% year over year to RMB 6.2 billion [31] - Transportation ticketing revenue was RMB 5.4 billion, an 11% year-over-year increase [32] - Packaged tour revenue grew by 5% year over year to RMB 1.1 billion, while corporate travel revenue increased by 9% year over year to RMB 692 million [32] Market Data and Key Metrics Changes - Inbound travel bookings increased by over 100% year over year, with national inbound arrivals growing by 30% [15][31] - International bookings on the platform rose by over 60% year over year, particularly strong in the APAC region [18][81] - Outbound travel from China saw cross-border flight capacity recover to 84% of pre-pandemic levels, with outbound hotel and air bookings surpassing 120% of 2019 volumes [21] Company Strategy and Development Direction - The company aims to leverage AI technology to enhance travel planning and user experience, with a focus on personalized recommendations and content generation [8][41] - A new initiative, Intellitrip, was launched to help hotels capture inbound demand and improve operational efficiency through AI-powered tools [23] - The company is committed to sustainability and innovation, launching a USD 100 million tourism innovation fund to support breakthroughs in travel [28] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term prospects of the travel industry, highlighting the potential for inbound travel to become a key growth engine [12][17] - The company noted that consumer sentiment remains resilient, with strong demand for experiential products and travel among various demographics [54] - Management emphasized the importance of maintaining high service quality and comprehensive product offerings in a competitive landscape [65] Other Important Information - The company has completed share repurchases totaling approximately USD 400 million and announced a new share repurchase program of up to USD 5 billion [35][96] - The balance of cash and cash equivalents as of June 30, 2025, was RMB 94.1 billion or USD 13.1 billion [35] Q&A Session Summary Question: Can you elaborate on the AI and content strategy? - The integration of AI enhances content delivery and user experience, allowing for personalized travel planning and improved data processing efficiency [38][40] Question: What are the booking trends observed this year? - Domestic travel shows strong volume growth, while outbound travel has recovered significantly, with inbound travel also seeing substantial growth [44][46] Question: How have hotel and air ticket prices trended recently? - Domestic hotel and air ticket prices faced pressure despite volume growth, while outbound travel prices softened due to increased flight capacity [49][50] Question: What insights can you share on consumer sentiment? - The market shows resilience, with strong demand for experiential products among various age groups, despite slight decreases in average daily rates [53][54] Question: How does the competition landscape look with new entrants? - The company focuses on providing excellent service and comprehensive offerings rather than engaging in price competition, which is crucial for customer satisfaction [65][66] Question: What is the potential market size for the Old Friends Club and Travel Plus Entertainment? - The Old Friends Club market could grow to over USD 1 trillion in the next few years, while demand for travel plus entertainment products is also strong [69][72] Question: Can you provide insights into the inbound travel potential? - Inbound travel currently accounts for less than 0.5% of China's GDP, indicating significant growth potential if effectively promoted [77][78] Question: What is the update on the marketing strategy for trip.com? - The company maintains a disciplined ROI-driven marketing strategy, focusing on acquiring app users and enhancing operational efficiency [85][91] Question: Can you provide an update on the share repurchase program? - The company has fully utilized its previous share repurchase quota and announced a new multiyear program to strategically buy back shares [93][96]

携程董事会执行主席梁建章强调了旅游在国家发展和全球合作中的关键作用，以及公司对行业长期前景 的看好。携程首席执行官孙洁表示，公司将继续把握不同客群日益增长的需求，特别是关注入境旅游市 场，并致力于提升服务能力，为全球用户提供本地化体验。 携程集团-S 2025年第二季度净收入为148.43亿元人民币，同比增长16.22%。归母净利润为48.46亿元人 民币，同比增长26.43%。每股基本收益为7.34元。 住宿预订营业收入为62亿元，同比增长21%，环比增长12%。交通票务营业收入为54亿元，同比增长 11%，环比保持稳定。 ...

携程集团-S(09961)发布截至2025年6月30日止第二季度业绩，该集团取得净收入人民币148.43亿元(单位 下同)，同比增加16.22%;归属携程集团有限公司净利润48.46亿元，同比增加26.43%;每股基本收益7.34 元。 "旅游各业务范畴的强劲发展势头令我们倍感振奋，"携程首席执行官孙洁女士表示，"我们的战略着重 于把握不同客群日益增长的需求，尤其关注入境旅游市场。同时，我们不断强化服务能力，为全球用户 提供流畅的本地体验。这些努力进一步巩固了我们作为全球旅游领域值得信赖平台的地位。" 2025年第二季度交通票务营业收入为54亿元(7.53亿美元)，同比上升11%，主要得益于交通票务预订的 增长。交通票务营业收入环比稳定。 "旅游是国家发展和全球合作的关键因素，它不仅是经济发展的引擎，更是促进文化交流、增进国际理 解、激发社会活力的催化剂，"携程董事会执行主席梁建章先生表示，"我们始终看好行业的长期发展前 景，并将持续优先投入创新研发、合作伙伴关系发展及入境旅游扩张等战略性投资，以推动全球经济增 长。" 2025年第二季度住宿预订营业收入为62亿元(8.69亿美元)，同比上升21%，主要得益于 ...

此外，携程启动了"智旅未来"酒店赋能计划，推动酒店在入境游订单、新客增长和运营效率方面持续提 升，让平台与酒店进一步成为增长共同体。 入境游业务主要得益于韩国和东南亚这两个最大客源地的需求驱动。2025年上半年，全国入境人次同比 增长30%，其中71%的入境游客来自免签地区。 凤凰网科技讯 8月28日，携程集团公布了2025年第二季度未经审计财务业绩。二季度携程国际OTA平台 总预订同比增长超过60%，入境旅游预订同比增长超过100%，出境酒店和机票预订已全面超越2019年 疫情前同期120%水平，全国跨境航班运力恢复至疫情前的84%水平。 ...

智通财经APP获悉，周三，美股三大指数集体上涨，恒生指数ADR下跌，按比例计算，收报25011.29点，较香港收市下跌190.47点或0.76%。 | 序号 | 名称 | 港股代码 | 涨跌额 | 涨跌幅 | ADRIEB | ADR换复价(HKD) | 较港股升跌 | 较港股升跌% | ADRE | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 腾讯控股 | @ 00700 | -10.500 | -1.72% | TCEHY | 592.833 | -6.167 | -1.03% | | | 2 | 阿里巴巴-W | 09988 | +0.200 | 0.16% | BABA | 118.977 | -2.523 | -2.08% | | | 3 | 建设银行 | 00939 | -0.060 | -0.79% | CICHY | 7.433 | -0.057 | -0.76% | | | 4 | 汇丰控股 | 00005 | -0.100 | -0.10% | HSBC | 100.610 | +0.510 | 0 ...

"旅游是国家发展和全球合作的关键因素，它不仅是经济发展的引擎，更是促进文化交流、增进国际理 解、激发社会活力的催化剂，"携程董事会执行主席梁建章先生表示，"我们始终看好行业的长期发展前 景，并将持续优先投入创新研发、合作伙伴关系发展及入境旅游扩张等战略性投资，以推动全球经济增 长。" "旅游各业务范畴的强劲发展势头令我们倍感振奋，"携程首席执行官孙洁女士表示，"我们的战略着重 于把握不同客群日益增长的需求，尤其关注入境旅游市场。同时，我们不断强化服务能力，为全球用户 提供流畅的本地体验。这些努力进一步巩固了我们作为全球旅游领域值得信赖平台的地位。" 智通财经APP讯，携程集团-S(09961)发布截至2025年6月30日止第二季度业绩，该集团取得净收入人民 币148.43亿元(单位下同)，同比增加16.22%;归属携程集团有限公司净利润48.46亿元，同比增加26.43%; 每股基本收益7.34元。 2025年第二季度住宿预订营业收入为62亿元(8.69亿美元)，同比上升21%，主要得益于住宿预订的增 长。住宿预订营业收入环比上升12%，主要得益于越来越强劲的旅游需求，尤其在节假日期间表现突 出。 2025年 ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「香港聯交所」）對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 Trip.com Group Limited 攜程集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9961） 2025 年第二季度及上半年業績公告 攜程集團有限公司謹此公佈其2025年第二季度及上半年業績（「2025年第二季度及上半年 業績公告」）。2025年第二季度及上半年業績公告乃作為我們根據香港聯交所證券上市 規則（「《香港上市規則》」）第13.48(1)條截至2025年6月30日止六個月的中期報告向股東提 供。2025年第二季度及上半年業績公告可於香港聯交所網站 www.hkexnews.hk 及本公司 網站 investors.trip.com 查閱。 承董事會命 攜程集團有限公司 董事會執行主席 梁建章 新加坡，2025年8月28日 於本公告日期，本公司董事會包括董事梁建章先生、范敏先生、孫潔女士及羅戎先生以及獨立董事沈南鵬先生、 季琦先生、李基培先生及甘劍平先生 ...

Trip.com Group Limited Reports Unaudited Second Quarter and First Half of 2025 Financial Results Packaged-tour revenue for the second quarter of 2025 was RMB1.1 billion (US$151 million), representing a 5% increase from the same period in 2024, primarily driven by an increase in packaged-tour reservations. Packaged-tour revenue for the second quarter of 2025 increased by 14% from the previous quarter, primarily driven by stronger travel demand, particularly during the holiday periods. 08/27/2025 SINGAPORE, A ...