Trip.com Cautious of Travel Rebound Even After China Loosens Covid Rules
Photo Credit: Beijing's Temple of Heaven. Pxhere
Skift Take
Trip.com knows better than to just make tall claims on a travel rebound even as the company witnesses a surge in search volume for inbound and outbound travel.
Even though China's recent relaxation of Covid measures is widely seen as a step forward for travel, Trip.com is still cautious in the very near term as winter is usually a slack season for both business and leisure travel.
"It also might take some time for people to get through the first wave of infections before travel demand could fully release and rebound," said Xiaofan Wang, chief financial officer and executive vice president of the Chinese online travel giant while anticipating a nice rebound in growth in the domestic travel segment next year.
Following the change in travel policies announced by China in November, the sea
