bullish
Monthly Chinese Tourism Tracker | Outbound Activity Approaches Pre-Covid Levels | (August 2024)
1.2k Views28 Aug 2024 11:22
July data shows continuing improvement in Chinese outbound and domestic travel activity. We still like shares of Trip.com, and retain our BUY rating and US$55/ADS price target.
What is covered in the Full Insight:
- Outbound Travel & Capacity
- Domestic Travel Demand
- Share Performance YTD
- Outlook for Trip.com
- Conclusion
SUMMARY
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Full Insight
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- Trip.com Q224: Slower Growth | But Higher Margins | Competition Has Eased | BUY with US$58 Target02 Sep 2024
- Monthly Chinese Tourism Tracker | Outbound Recovery Sluggish, but Trip.com Too Cheap | (July 2024)31 Jul 2024
- Monthly Chinese Tourism Tracker | Outbound Recovery Expands | Domestic Solid Too | (June 2024)23 Jun 2024
- Trip.com Q124 Review: Solid Top-Line Growth | Progress on Margins | BUY Below US$5004 Jun 2024
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