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Trip.com Group Limited Reports Unaudited First Quarter of 2021 Financial Results Shanghai , China , May 18 , 2021 - Trip.com Group Limited ( Nasdaq : TCOM and HKEX : 9961 ) ( " Trip.com Group " or the " Company " ) , a leading one - stop travel service provider of accommodation reservation , transportation ticketing , packaged tours and corporate travel management , today announced its unaudited financial results for the first quarter ended March 31 , 2021 . Key Highlights for the First Quarter of 2021 Exhibit 99.1 - Our business has showed resilient recovery in the China domestic market . Compared with the same period pre - COVID in 2019 , both domestic hotel and air ticketing reservations have fully recovered since early March 2021 and achieved double - digit growth for the month . Revenues from corporate travel management grew 101 % year - over - year and 6 % compared with the same period in 2019 . " Trip.com Group's mission is to pursue the perfect trip for a better world . Over the past two decades , we have continuously been exploring and innovating to further expand our offerings , " said James Liang , Executive Chairman . " Going forward , we will continue to expand product offerings , improve service quality , innovate our content , and bring new value to the travel industry . " " Despite the challenges in January and February of 2021 due to outbreaks of virus during the winter season , China domestic travel rebounded quickly in March and showed stronger momentum in April and May , " said Jane Sun , Chief Executive Officer . " Quality leisure travel showed rapid growth , with reservations for mid to high - end hotels spearheading growth . Meanwhile , long - distance travel in mainland China has fully recovered , and short - distance travel has shown a continuing growth trajectory . " First Quarter of 2021 Financial Results and Business Updates Since the beginning of 2021 , a few waves of COVID - 19 infections have re - emerged in various regions of China , and precautionary measures , including varying levels of travel restrictions and encouragement of reduced travel during the Chinese New Year , have been reinstated in China . These travel restrictions reduced users ' demand for the Company's products , and materially and adversely affected its results of operations in January and February of 2021 . As vaccines roll out globally and the total vaccination rate continues to climb , social and economic conditions have gradually recovered from the COVID - 19 pandemic within China . The Company observed an emerging demand for short - haul travel , local trips , and domestic boutique and premium accommodation experiences . The Company has offered new products in these categories to better serve users ' travel demand and achieved a strong recovery in the domestic travel business . The Company has continued innovations in products , services , and content allowing it to quickly respond to the evolving need of users and capture the pent - up demand for outbound travel post - COVID - 19 . As a result , the Company's operation performance saw significant improvement in March 2021 .