TRIP.COM(TCOM) - 2024 Q3 - Quarterly Results

International Travel Recovery - International outbound hotel and air reservations rebounded to approximately 120% of the pre-COVID level for the same period in 2019[1] - Air ticket and hotel reservations on the Company's international OTA brand increased by over 60% year-over-year[1] Financial Performance - Net revenue for the third quarter of 2024 grew by 16% year-over-year to RMB15.9 billion (US$2.3 billion)[2] - Net income for the third quarter of 2024 was RMB6.8 billion (US$970 million), a 48% increase from the same period in 2023[1] - Adjusted EBITDA for the third quarter of 2024 was RMB5.7 billion (US$808 million), a 24$969 million)[2] - Transportation ticketing revenue for the third quarter of 2024 increased by 5% year-over-year to RMB5.7 billion (US$805 million)[2] - Packaged-tour revenue for the third quarter of 2024 increased by 17$222 million)[2] - Corporate travel revenue for the third quarter of 2024 increased by 11% year-over-year to RMB656 million (US$93 million)[2] - Accommodation reservation revenue grew 21.7$12.4 billion)[3] Operating Expenses - Operating expenses for Q3 2024 totaled RMB 8,067 million (USD 1,150 million), a 9.5% increase compared to Q3 2023[11] - Share-based compensation for Q3 2024 was RMB 459 million (USD 65 million), a 31.9% decrease compared to Q2 2024[13]