Trip.com Group Ltd
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Trip.com Group Ltd
Accounts Payable
Trip.com Group Ltd
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Trip.com Group Ltd
HKEX:9961
|
Accounts Payable
ÂĄ19.2B
|
CAGR 3-Years
43%
|
CAGR 5-Years
8%
|
CAGR 10-Years
24%
|
||
Huazhu Group Ltd
HKEX:1179
|
Accounts Payable
ÂĄ1B
|
CAGR 3-Years
-6%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
||
Tongcheng Travel Holdings Ltd
HKEX:780
|
Accounts Payable
ÂĄ4.1B
|
CAGR 3-Years
27%
|
CAGR 5-Years
10%
|
CAGR 10-Years
N/A
|
||
S
|
Shanghai Jin Jiang International Hotels Co Ltd
SSE:600754
|
Accounts Payable
ÂĄ1.5B
|
CAGR 3-Years
15%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
12%
|
|
BTG Hotels Group Co Ltd
SSE:600258
|
Accounts Payable
ÂĄ119.5m
|
CAGR 3-Years
-1%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
1%
|
||
A
|
Atour Lifestyle Holdings Ltd
NASDAQ:ATAT
|
Accounts Payable
ÂĄ610.6m
|
CAGR 3-Years
68%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Trip.com Group Ltd
Glance View
Trip.com Group Ltd., formerly known as Ctrip.com, has woven a remarkable narrative in the ever-evolving travel industry. Launched from ground zero in Shanghai in 1999, the company began by providing internet-based travel services when digital booking was still a novel concept in China. It quickly evolved into a comprehensive one-stop travel platform that serves the diverse needs of globetrotters and corporate travelers alike. Trip.com operates by offering a broad spectrum of travel services—airline tickets, hotel reservations, packaged tours, and corporate travel management—under its various brands, including Ctrip, Skyscanner, and Qunar. Its strength lies in its ability to harness cutting-edge technology to offer convenience, efficiency, and personalized travel solutions to its vast customer base. The revenue model of Trip.com Group is as diverse as its services. Primarily, the company generates income through service fees charged on bookings made through its online portals and mobile apps. This includes commissions from airlines, hotel networks, and other travel service providers. Another stream comes from advertising services, especially given its substantial online traffic, placing it as an attractive space for marketers. The company also benefits from Skyscanner, which offers metasearch services for airline tickets, gleaning significant ad revenues in the process. By continuously expanding its geographic footprint and enhancing its tech-driven offerings, Trip.com has entrenched itself as a formidable player in the global travel market, effectively bridging the gap between travelers and their destinations.
See Also
What is Trip.com Group Ltd's Accounts Payable?
Accounts Payable
19.2B
CNY
Based on the financial report for Jun 30, 2024, Trip.com Group Ltd's Accounts Payable amounts to 19.2B CNY.
What is Trip.com Group Ltd's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
24%
Over the last year, the Accounts Payable growth was 30%. The average annual Accounts Payable growth rates for Trip.com Group Ltd have been 43% over the past three years , 8% over the past five years , and 24% over the past ten years .