Trip.com Group reported 13.8 billion RMB ($1.9 billion) in net revenue for Q1 2025, up 16% from the same period last year. The company’s international business saw strong performance, with overseas platform bookings rising over 60% YoY and inbound travel bookings doubling. Outbound hotel and flight reservations surpassed 120% of 2019 pre-pandemic levels. Executive Chairman James Liang credited the growth to resilient consumer demand and supportive travel policies.