US Stock Market Move | Trip.com Group Ltd. Sponsored ADR (TCOM.US) surged nearly 5%, with double holiday travel data exceeding institutional expectations.

On Friday, Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose nearly 5%, closing at $74.59. Guozi Guoji released a research report stating that according to data from the Ministry of Culture and Tourism, during the 2025 National Day holiday (8 days), domestic tourism revenue reached 809 billion yuan, with a total of 8.9 billion tourist visits. The year-on-year increase in total tourism revenue per person was 15%, and the average daily increase in tourism revenue per person was 1.0%. The average tourist expenditure per person was 911 yuan, slightly better than the previous estimate of the agency (905 yuan), with a year-on-year decrease of -0.6%, compared to the agency's previous estimate of -1.2%, representing a narrower decline than in the first quarter (-6%) and the second quarter (-3%). Trip.com Group Ltd. Sponsored ADR's report on the "2025 National Day Mid-Autumn Festival Travel" shows that long-distance travel and in-depth experiences have become the main trends of this year's National Day tourism. The proportion of domestic long-distance travel orders increased by 3 percentage points compared to last year, and outbound long-haul tours were also popular among tourists, with orders to several European destinations doubling. Outbound charter tours are showing a trend towards deepening, with overall order volume increasing by over 120%. In addition, during the holiday period, the search popularity for "night tours" on Trip.com Group Ltd. Sponsored ADR increased by over 200% month-on-month.