China’s Domestic Travel Has Recovered Very Well: Trip.com CEO

The transcript discusses the recovery of domestic travel in China post-COVID, highlighting significant growth in hotel and air ticket bookings. It addresses challenges faced by trip.com due to slow international travel recovery and the potential for travel bubbles. The conversation also explores the future of international travel, emphasizing safety measures, smaller travel groups, and flexible travel options. The overall sentiment is optimistic about the long-term growth of tourism, with a focus on adapting to new travel trends and ensuring safety.

What was the year-over-year growth in hotel bookings during the Labor Day weekend compared to 2019?

• 50%

• 30%

• 90%

• 70%

What is one of the main challenges Trip.com faces due to the slow recovery of international travel?

• Increased competition

• Lack of domestic travel

• Slow border reopening

• High vaccination rates

Which country has opened a green link for Chinese tourists without quarantine?

• Thailand

• Australia

• Japan

• Singapore

What percentage of Trip.com's business is associated with international travel?

• 10-20%

• 40-50%

• 20-30%

• 30-40%

How does Trip.com plan to prepare for the surge in travel demand once borders reopen?

• By reducing staff

• By increasing prices

• By preparing infrastructure

• By limiting services

What is one of the key trends observed in post-COVID travel preferences?

• Preference for smaller groups

• Inflexible travel plans

• Less focus on safety

• Larger travel groups

What is a significant factor for the future growth of international travel according to the transcript?

• Lack of demand

• Increased hotel prices

• Government restrictions

• Safety measures