US Stock Market Move | Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose more than 2% as the "double festival" approaches, and the tourism market continues to heat up.

On Tuesday, Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose more than 2%, closing at $75.83. In terms of news, several online travel platforms and travel agencies have reported that during this year's Mid-Autumn Festival and National Day holidays, residents' willingness to travel has significantly increased. The popularity of short-distance trips and chartered tours has doubled compared to last year, showing a clear trend of increased frequency of short trips and upgraded quality of long-haul trips. Some popular destination routes have sold out in advance, and both domestic and outbound travel markets are heating up simultaneously. In addition, data from the Air Travel Crossroads shows that as of September 13, the domestic flight ticket bookings for this year's Mid-Autumn National Day holidays have exceeded 4.52 million, with a daily increase of over 25% compared to the same period last year. As of September 13, the bookings for inbound and outbound flight tickets during this year's Mid-Autumn National Day holidays have exceeded 1.29 million, with a daily increase of about 14% compared to the same period last year.