Trip.com Group Limited (TCOM) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

to enhance our services by making travel planning more personalized and efficient. We believe AI agents will not replace OTAs. Instead, they will complement us. They are likely to replace traditional search engines as primary entry points for traffic, opening new customer acquisition channels for OTAs. Trip.com provides value that AI alone cannot replicate, particularly in two areas. Firstly, our extensive real-time proprietary travel insights are key to delivering accurate and personalized travel recommendations. Secondly, our end-to-end service model and open platform approach enable us to offer competitive service standards and pricing tailored to diverse customer preferences. We recognize the vast potential of generative AI in the travel industry and are committed to furthering our investment in this field. We are eager to introduce more user-friendly and valuable features in the future. Thank you. And one moment as we move on to our next question. And our next question comes from the line of Alex Yeo with JP Morgan. Your line is open. Please go ahead. Thank you, management, for taking my question, and congrats on good quarter. So my question is, how do you view the current leisure and business travel demand? How do you view the growth trajectory for 2025? And lastly, what are the primary drivers that's going to support the revenue growth? Thank you. Thank you, Alex. We have seen travel industry is very resilient, particularly after COVID is over. The surge of the travel demand is really strong. In particular, there are a couple of segments we're targeting in. The first one is domestic travel market. We have seen young people have shown great enthusiasm, travel around the world to visit different sites. And event plus travel is really a trend for young people. Th...