HongKong:9961

Trip.com Group Announces Repurchase Right Notification for 1.50% Exchangeable Senior Notes due 2027

Retrieved on: 
Friday, May 26, 2023
Exercise, Note, Exchangeable, FICC, Debt-to-GDP ratio, TCOM, Depository Trust Company, BNY Mellon, CMOC Group Limited, Bank, CUSIP, Security (finance), Indenture

The 2023 Repurchase Right entitles each holder of the Exchangeable Notes to require the Company to repurchase for cash on July 1, 2023 all of such holder's Exchangeable Notes, or any portion thereof that is equal to US$200,000 or an integral multiple of US$1,000 in excess thereof.

Key Points: 
  • The 2023 Repurchase Right entitles each holder of the Exchangeable Notes to require the Company to repurchase for cash on July 1, 2023 all of such holder's Exchangeable Notes, or any portion thereof that is equal to US$200,000 or an integral multiple of US$1,000 in excess thereof.
  • The 2023 Repurchase Date is an interest payment date under the terms of the Indentures and the Exchangeable Notes.
  • If all outstanding Exchangeable Notes are surrendered for repurchase through exercise of the 2023 Repurchase Right, the aggregate cash purchase price will be US$500,000,000.
  • Holders of the Exchangeable Notes may request the Company's 2023 Repurchase Right Notice from the paying agent, The Bank of New York Mellon.

Trip.com Group Limited to Report First Quarter of 2023 Financial Results on June 7, 2023 U.S. Time

Retrieved on: 
Thursday, May 25, 2023
Trip.com Group, TCOM, Time in the United States

SHANGHAI, May 25, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its financial results for the three months ended March 31, 2023 on Wednesday, June 7, 2023, U.S. Time, after the market closes.

Key Points: 
  • SHANGHAI, May 25, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its financial results for the three months ended March 31, 2023 on Wednesday, June 7, 2023, U.S. Time, after the market closes.
  • Trip.com Group's management team will host a conference call at 8:00 PM U.S. Eastern Time on June 7, 2023 (or 8:00 AM on June 8, 2023 in the Shanghai/Hong Kong Time) following the announcement.
  • The conference call will be available on Webcast live and replay at: http://investors.trip.com .
  • All participants must pre-register to join this conference call using the Participant Registration link below:

Trip.com Group Filed 2022 Annual Report on Form 20-F

Retrieved on: 
Monday, March 27, 2023
Security (finance), Annual report, TCOM, Bank statement, Cryptocurrency

SHANGHAI, March 27, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for three years ended December 31, 2022 with the Securities and Exchange Commission on March 27, 2023.

Key Points: 
  • SHANGHAI, March 27, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for three years ended December 31, 2022 with the Securities and Exchange Commission on March 27, 2023.
  • The annual report is available on the Company's website at https://investors.trip.com .
  • Holders of the Company's securities may request a copy of the Company's annual report free of charge according to the instructions provided on the Company's website.

New Report: Promoting a Sustainable Future for China's Travel Industry

Retrieved on: 
Wednesday, March 15, 2023
Heart, Tourism, Trip.com Group, Climate change, Partnership, White paper, Habit, Carbon, World Travel and Tourism Council, Travel, McKinsey & Company, Nature, Plastic, Accor

SHANGHAI, March 15, 2023 /PRNewswire/ -- Trip.com Group, a leading global travel service provider, in partnership with Accor, a world-leading hospitality group, and global management consulting firm McKinsey & Company, today published a new educational whitepaper that examines the environmental impact of China's tourism sector, analyses Chinese travelers' sentiment towards sustainability and ultimately sets out actions key stakeholders in China's tourism sector need to take to foster sustainable travel. The pioneering survey identifies a series of sustainable changes that ought to be made, from the everyday to the systemic, which can support the travel and hospitality of tomorrow with the intention of becoming an informative industry reference tool for change. The report, entitled "The path toward eco-friendly travel in China", proposes that by adopting a set of collaborative measures across the industry value chain, from guests to major global providers, China's tourism sector could move toward a more sustainable future.

Key Points: 
  • Analysis for the whitepaper found the environmental impact of China's travel industry is substantial: tourism represented approximately 6-8% of China's total carbon emissions in 2019.
  • Jane Sun, CEO of Trip.com Group, said: "We are thrilled to be leading the charge for sustainable travel and promoting responsible tourism practices in the industry.
  • Our goal is to pave the way for a more sustainable and responsible travel industry."
  • Long-term change calls for collaboration between actors across the entire travel industry, from hotels and travel agencies to green investors and technology suppliers."

New Report: Promoting a Sustainable Future for China's Travel Industry

Retrieved on: 
Wednesday, March 15, 2023
Heart, Tourism, Trip.com Group, Climate change, Partnership, White paper, Habit, Carbon, World Travel and Tourism Council, Travel, McKinsey & Company, Nature, Plastic, Accor

SHANGHAI, March 15, 2023 /PRNewswire/ -- Trip.com Group, a leading global travel service provider, in partnership with Accor, a world-leading hospitality group, and global management consulting firm McKinsey & Company, today published a new educational whitepaper that examines the environmental impact of China's tourism sector, analyses Chinese travelers' sentiment towards sustainability and ultimately sets out actions key stakeholders in China's tourism sector need to take to foster sustainable travel. The pioneering survey identifies a series of sustainable changes that ought to be made, from the everyday to the systemic, which can support the travel and hospitality of tomorrow with the intention of becoming an informative industry reference tool for change. The report, entitled "The path toward eco-friendly travel in China", proposes that by adopting a set of collaborative measures across the industry value chain, from guests to major global providers, China's tourism sector could move toward a more sustainable future.

Key Points: 
  • Analysis for the whitepaper found the environmental impact of China's travel industry is substantial: tourism represented approximately 6-8% of China's total carbon emissions in 2019.
  • Jane Sun, CEO of Trip.com Group, said: "We are thrilled to be leading the charge for sustainable travel and promoting responsible tourism practices in the industry.
  • Our goal is to pave the way for a more sustainable and responsible travel industry."
  • Long-term change calls for collaboration between actors across the entire travel industry, from hotels and travel agencies to green investors and technology suppliers."

Trip.com Group Limited Reports Unaudited Fourth Quarter and Full Year of 2022 Financial Results

Retrieved on: 
Monday, March 6, 2023
Securities and Exchange Commission (Nigeria), Stock exchange, PIN, Infection, Quarantine, TCOM, Growth, Trip.com Group, US, ADS, Hong Kong Stock Exchange, Failure, Corporation, Government, Investment, COVID-19, Transport, Marketing, Tourism, Renewable energy, Video game, Pharmaceutical industry, Cryptocurrency, Bank, Security (finance), PRC, Webcast

-  Outbound air-ticket bookings and hotel bookings increased by over 200% and 140% year over year in the fourth quarter, respectively.

Key Points: 
  • -  Outbound air-ticket bookings and hotel bookings increased by over 200% and 140% year over year in the fourth quarter, respectively.
  • "We are encouraged by our solid results in 2022 and strong recovery in the recent months," said Jane Sun, Chief Executive Officer.
  • The Company's domestic business was negatively impacted by the COVID-19 pandemic in the fourth quarter of 2022.
  • For the fourth quarter of 2022, Trip.com Group reported net revenue of RMB5.0 billion (US$729 million), representing a 7% increase from the same period in 2021.

Trip.com Group Limited to Report Fourth Quarter and Full Year of 2022 Financial Results on March 6, 2023 U.S. Time

Retrieved on: 
Wednesday, February 22, 2023
TCOM, Trip.com Group, Time in the United States

SHANGHAI, Feb. 22, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its fourth quarter and full year of 2022 results on Monday, March 6, 2023, U.S. Time, after the market closes.

Key Points: 
  • SHANGHAI, Feb. 22, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its fourth quarter and full year of 2022 results on Monday, March 6, 2023, U.S. Time, after the market closes.
  • Trip.com Group's management team will host a conference call at 7:00 PM U.S. Eastern Time on March 6, 2023 (or 8:00 AM on March 7, 2023 in the Shanghai/Hong Kong Time) following the announcement.
  • The conference call will be available on Webcast live and replay at: http://investors.trip.com .
  • All participants must pre-register to join this conference call using the Participant Registration link below:

WTTC and Trip.com Group global traveler report reveals shift towards sustainable travel

Retrieved on: 
Friday, January 20, 2023
WTTC, Trip.com Group, Bird Education Society for Travel & Tourism, Travel, World Travel and Tourism Council, Poverty, US missile defense system in Asia-Pacific Region, Tourism, Skyscanner, Growth, Hospitality, City, Lifting, Luxury, Carbon

MADRID, Jan. 20, 2023 /PRNewswire/ -- A major new report by World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte, reveals a heightened appetite for sustainable tourism amongst consumers, with 69% of travelers actively seeking sustainable travel options.1

Key Points: 
  • MADRID, Jan. 20, 2023 /PRNewswire/ -- A major new report by World Travel & Tourism Council ( WTTC ) and Trip.com Group , together with Deloitte, reveals a heightened appetite for sustainable tourism amongst consumers, with 69% of travelers actively seeking sustainable travel options.1
    In this follow-up report, WTTC joined forces again with leading global travel service provider, Trip.com Group and its major consumer brands Trip.com, Ctrip and Skyscanner, with additional data sourced from Deloitte, to analyze the trends that shaped the Travel & Tourism sector last year and will continue to do so over 2023.
  • The report, "A world in motion: shifting consumer travel trends in 2022 and beyond," shows that sustainability is a key element of the travel agenda, with travelers eager to reduce their carbon footprint and support sustainable tourism.
  • Jane Sun, Trip.com Group CEO, said: "Travel & Tourism is a powerful force in driving the global economy, creating jobs, stimulating economic growth, and lifting communities out of poverty.
  • Scott Rosenberger, Deloitte Global Transportation, Hospitality & Services Sector Leader, said: "Travel is rebounding from the pandemic while innovating and meeting the demands of more modern alternative travel-types, sustainable travel, luxury travel, and much more.

Trip.com Group Limited Reports Unaudited Third Quarter of 2022 Financial Results

Retrieved on: 
Wednesday, December 14, 2022
Travel, Lifting, Corporation, ADSS, HKEX, Hong Kong Stock Exchange, International, ADS, China Railway Group Limited, Transport, US, Loss, PIN, Accounting, Total, Adjustment, Investment, Booking Holdings, Government, EBITDA, Skyscanner, GAAP, COVID-19, Growth, Trip.com Group, Failure, Marketing, TCOM, Quarantine, Stock exchange, Tourism, Renewable energy, Airline, Video game, Bank, Security (finance), PRC, Webcast

SHANGHAI, Dec. 14, 2022 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced its unaudited financial results for the third quarter of 2022.

Key Points: 
  • SHANGHAI, Dec. 14, 2022 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced its unaudited financial results for the third quarter of 2022.
  • Adjusted EBITDA margin was 21% for the third quarter, compared with 10% for the same period in 2021 and 9% for the previous quarter.
  • "In the third quarter of 2022, the global markets made continued progress towards normalcy," said James Liang, Executive Chairman.
  • "We achieved strong results in the third quarter despite market volatility in the back half of this quarter.

Trip.com Group Announces Entry into Sustainability-linked Loan Facility Agreement

Retrieved on: 
Friday, December 2, 2022
HKEX, Skyscanner, Travel, Primary Dealer Credit Facility, TCOM, Facility, Airline

SHANGHAI, Dec. 2, 2022 /PRNewswire/ --Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that it has entered into, as borrower, a facility agreement (the "Facility Agreement") dated December 2, 2022 with certain financial institutions specified therein, for a US$1,488 million and HK$80 million dual tranche term loan facility (equivalent to US$1.5 billion in aggregate) (the "Facility").

Key Points: 
  • SHANGHAI, Dec. 2, 2022 /PRNewswire/ --Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that it has entered into, as borrower, a facility agreement (the "Facility Agreement") dated December 2, 2022 with certain financial institutions specified therein, for a US$1,488 million and HK$80 million dual tranche term loan facility (equivalent to US$1.5 billion in aggregate) (the "Facility").
  • The Facility has been classified as a sustainability-linked loan facility in compliance with the Sustainability-Linked Loan Principles.
  • The proceeds borrowed under the Facility will first be used for refinancing the Company's certain existing transferrable term and revolving loan facilities, and the remaining portion may then be used for general corporate purposes of the Company.
  • Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading global one-stop travel platform, integrating a comprehensive suite of travel products and services and differentiated travel content.