Parent holding company of Trip.com, Ctrip, Qunar, and Skyscanner. The largest online travel agency in China and a major global player.
Owned brands
Trip.com Group's Golden Week 2026 data shows Chinese travellers departing earlier, staying longer and stringing cities together — with seven-night-plus hotel bookings up 123% year on year.
Trip.com's TripGenie assistant will gain search-to-purchase capability through Mastercard's Agent Suite for Merchants, with a phased rollout in 2027 starting with attractions and add-ons.
A RMB5.2 billion SAMR penalty pushed Trip.com Group to a RMB2.4 billion net loss in Q2 2026. The bigger story for hoteliers is what the company is changing about distribution and ranking on its China platform.
On its first investor call after China's record antitrust ruling, Trip.com Group said it has killed its automated price-tracking tool and is replacing its Tier 1 and Tier 2 distribution programs — and confirmed the March shutdown is already hitting results.
Trip.com Group announced 19 rectification measures, ending forced exclusivity and price controls on hotels, and filed a 6-K formalizing China's record ¥5.18 billion antitrust penalty.
China's market regulator has confiscated ¥1.66 billion in illegal gains and fined Trip.com Group ¥3.52 billion — roughly $765 million in total — for abusing its dominant position in hotel bookings. The company says it accepts the decision.
Trip.com Group will publish its Q1 2026 results on June 25 before Hong Kong trading hours, with a management call at 8:00 PM US Eastern on June 24.
A US securities firm has filed a class action against Trip.com Group over its AI pricing tool, which automatically lowered hotel rates on the platform and triggered a Chinese antitrust investigation in January 2026.