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Morgan Stanley Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $64
Morgan Stanley analyst Alex Poon maintains $Trip.com(TCOM.US)$ with a buy rating, and maintains the target price at $64.According to TipRanks data, the analyst has a success rate of 59.3% and a total
Express News | Ctrip has formed a marketing alliance with 22 domestic airports.
Express News | Ctrip: Summer travel orders to Laos increased by more than 140% year-on-year.
Trip.com rose 1% before the market closed with a surge in bookings for summer travel.
On June 26, Gelonhui | Trip.com (TCOM.US) rose 1.05% before market opening, to $48.98. With the end of the college entrance examination, the summer tourism market has once again surged. Data from many travel platforms showing that the popularity of summer travel products this year is not only higher than the same period in previous years but also earlier in booking time compared to last year. Trip.com's summer forecast report shows that the search index for hotels and air tickets has increased by more than 20% compared with the same period last year. Multiple platforms estimate that the first wave of summer travel peaks will arrive at the end of June, with domestic long-distance tourism and outbound tourism leading the summer tourism market this year, as well as demand for parent-child tours, summer resort tours, and graduation trips.
Express News | Summer travel orders to China increased by 40% for New Zealand, Australia, and Poland.
Trip.com's Expansion of Online Platform Likely a Key Growth Driver -- Market Talk
0322 GMT - Trip.com's expansion plans for its overseas online travel booking platform is expected to be a key growth driver, UOB Kay Hian analysts write in a note. Given the scalability of the website