Trip.com Group's Europe and U.S. Business Now Playing Larger Role in Performance
Skift Take
Geographic diversification is paying off for China's Trip.com Group. Europe and the U.S. is still a fraction of its overall business, but they are now significant contributors.
As China's pandemic resurgence and the government's zero-Covid policies adversely impacted the domestic travel market in the second quarter, Shanghai-based Trip.com Group benefitted from the performance of its Skyscanner and Trip.com international brands in Europe and the U.S.
Chief financial officer Xiaofan Wang told analysts during the company's earnings discussion earlier this week that revenue from Trip.com Group's "key international brands" rose more than 200 percen
