Latest news with #TripComGroup
Washington Post
19-05-2025
- Business
- Washington Post
Trip.com: Q1 Earnings Snapshot
SINGAPORE — SINGAPORE — Group Limited (TCOM) on Monday reported net income of $591 million in its first quarter. On a per-share basis, the Singapore-based company said it had net income of 84 cents. Earnings, adjusted for non-recurring gains, came to 82 cents per share. The travel services company posted revenue of $1.91 billion in the period.
Zawya
09-05-2025
- Business
- Zawya
Research highlights travel trends and market growth in the Middle East
Fresh insights into Middle East travel trends and market opportunities were unpacked at Arabian Travel Market (ATM), held from April 28 to May 1, 2025, at the Dubai World Trade Centre (DWTC). Research presented by Tourism Economics, Group, and VIDEC Consultants spotlighted demand surges in the leisure, luxury, MICE, and online travel sectors. Tourism Economics, an Oxford Economics company, presented insights from its ATM Trends Report: Leisure, luxury and MICE – leading trends for the Middle East. The research analyses key forces driving the region's tourism sector, including growth in visits, overnight stays, and traveller spend. Dave Goodger, managing director EMEA at Tourism Economics, comments: "Global travel will hit new record levels this year, converging back on the pre-pandemic trend, with international and domestic demand rebounding across all regions of the world. "We are seeing people prioritising travel over many other aspects of spending, with the Middle East being a popular destination. In the GCC, growth is outpacing the global average and travel in the region is largely being driven by international demand, with over 85% of the expected growth in Middle East accommodation demand coming from international travel." Evolving traveller preferences drive niche growth Group also shared perspectives on evolving travel preferences at the session Partnering for progress: Unlocking tourism growth through innovative collaborations. The company identified rising interest in entertainment, educational and elderly travel experiences as growth areas. Jane Sun, CEO of Group, says: "The Middle East presents tremendous growth opportunities and serves as a crucial node connecting Europe, Africa, and Asia. Convenient entry policies, increased direct flights, and robust investments in tourism have contributed to its rapid recovery. "With our insights into new consumer trends and our dedication to business and technological innovation, we look forward to strengthening our collaboration with regional partners to attract global travellers and bring forth a more connected and prosperous future." Digital travel bookings surge in UAE, Saudi Arabia and India Consultancy firm VIDEC revealed findings from its Travel Market Sizing and OTA Benchmarking study, examining market opportunities for online travel agencies (OTAs) in the UAE, Saudi Arabia and India up to 2028. The study highlights future growth projections, key distribution trends, and consumer behaviour across air and hotel bookings. Virendra Jain, founder and CEO of VIDEC Consultants, says: "UAE, Saudi Arabia and India have a majority young and digitally connected population with purchasing power that's conducive for the rapid growth of online travel. The UAE is an ultimate global village, and its cosmopolitan nature, as well as its recognition as a major shopping centre, makes it a favoured destination for both Saudis and Indians. "All three markets enjoy cultural and religious affinity, and enviable air connectivity. Religious, luxury, VFR and wellness are some of the primary tenets that would continue to perpetuate high-growth for this travel and tourism corridor." The research forecasts the UAE's total air market will grow from $4.2bn in 2024 to $5.4bn by 2028, a 32% increase from 2019. Online booking channels are gaining ground, with OTAs capturing $679m in online air ticket sales for 2024 — a 20% increase over the previous year. Direct airline websites and apps remain strong, accounting for 56% of online air booking value. While the UAE's OTA landscape is competitive, digital adoption and strong air connectivity continue to drive market growth, with airlines enhancing their direct booking platforms and loyalty programmes to strengthen customer engagement. ATM focuses on future tourism connectivity ATM 2025 hosted over 55,000 attendees from 166 countries and more than 2,800 exhibitors. The event's 32nd edition centred on the theme Global Travel: Developing Tomorrow's Tourism Through Enhanced Connectivity, exploring how collaboration across industries, borders and communities will shape the future of global tourism.
Yahoo
08-05-2025
- Business
- Yahoo
Is Trip.com Group (NASDAQ:TCOM) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. We note that Group Limited (NASDAQ:TCOM) does have debt on its balance sheet. But the more important question is: how much risk is that debt creating? AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then it exists at their mercy. Part and parcel of capitalism is the process of 'creative destruction' where failed businesses are mercilessly liquidated by their bankers. However, a more usual (but still expensive) situation is where a company must dilute shareholders at a cheap share price simply to get debt under control. Of course, debt can be an important tool in businesses, particularly capital heavy businesses. When we examine debt levels, we first consider both cash and debt levels, together. As you can see below, Group had CN¥39.6b of debt at December 2024, down from CN¥45.0b a year prior. However, it does have CN¥76.9b in cash offsetting this, leading to net cash of CN¥37.3b. Zooming in on the latest balance sheet data, we can see that Group had liabilities of CN¥74.0b due within 12 months and liabilities of CN¥25.1b due beyond that. On the other hand, it had cash of CN¥76.9b and CN¥21.8b worth of receivables due within a year. So these liquid assets roughly match the total liabilities. Having regard to Group's size, it seems that its liquid assets are well balanced with its total liabilities. So while it's hard to imagine that the CN¥289.1b company is struggling for cash, we still think it's worth monitoring its balance sheet. While it does have liabilities worth noting, Group also has more cash than debt, so we're pretty confident it can manage its debt safely. See our latest analysis for Group Another good sign is that Group has been able to increase its EBIT by 25% in twelve months, making it easier to pay down debt. The balance sheet is clearly the area to focus on when you are analysing debt. But ultimately the future profitability of the business will decide if Group can strengthen its balance sheet over time. So if you're focused on the future you can check out this free report showing analyst profit forecasts. Finally, while the tax-man may adore accounting profits, lenders only accept cold hard cash. While Group has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance. Happily for any shareholders, Group actually produced more free cash flow than EBIT over the last three years. There's nothing better than incoming cash when it comes to staying in your lenders' good graces. We could understand if investors are concerned about Group's liabilities, but we can be reassured by the fact it has has net cash of CN¥37.3b. And it impressed us with free cash flow of CN¥19b, being 166% of its EBIT. So is Group's debt a risk? It doesn't seem so to us. Over time, share prices tend to follow earnings per share, so if you're interested in Group, you may well want to click here to check an interactive graph of its earnings per share history. If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
