December 2024 travel growth moderated, as the post-pandemic recovery has by now largely run its course. After a stellar 2023-24 run, shares of Trip.com recently underperformed China's airlines.
What is covered in the Full Insight:
Introduction to Chinese tourism recovery
Review of December 2024/Q424 traffic growth
Official estimates for Lunar New Year travel
Analysis of Trip.com and airlines' performance
Investment outlook for airlines vs. Trip.com
SUMMARY
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