TRIP.COM(US:TCOM) Feng Huang Wang·2026-02-25 23:35Core Insights - Ctrip Group reported a 60% year-on-year growth in total bookings on its international OTA platform for the full year of 2025, serving approximately 20 million inbound travelers [1] Group 1: Inbound Travel Business - The company invested 1 billion yuan in the construction of its inbound travel ecosystem, enabling nearly 70,000 hotels, attractions, and travel agencies to receive inbound orders from overseas platforms [1] - Over 6,000 scenic spots were opened to the international market for the first time, with an addition of 63,000 ticket types available for foreign visitors, and 95% of ticket types for major domestic attractions now support foreign bookings [1] Group 2: Technology Investment - Ctrip's self-developed AI translation engine "Smart Translation Future" achieved a translation volume of 6 billion words in the year, while the number of inbound travel itinerary products increased by 400% [1] Group 3: Domestic Demand and Services - The company generated over 10 billion yuan in incremental tourism revenue and created more than 50,000 new jobs throughout the year [1] - Ctrip invested approximately 2.9 billion yuan in user welfare and support, handling 350 million inquiries with a global SOS rescue success rate of 98% [1]