PALO ALTO, U.S. -- Trip.com Group, China's largest online travel operator, reported a $754 million loss in the first quarter as the coronavirus pandemic disrupted global travel, but saw a silver lining as domestic tourism rebounded and demand for high-end accomodations grew.
Travel & Leisure
Trip.com results point to rebound in China's domestic travel
Company pins hopes on rising high-end demand after $754m Q1 loss
Trip.com, which operates travel booking sites including Ctrip, said international travel recovery might take longer given the "uneven" COVID-19 responses in different regions. © Reuters
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