This article only represents the author's own views.
It’s a tough gig running an online travel agency in China these days. The country remains off limits to international travelers, and ongoing Covid-related restrictions inside China are hitting the domestic travel sector hard as well.
Acutely feeling that pain is Trip.com (TCOM.US; 9961.HK), the Shanghai-based online travel juggernaut that has just reported its first-quarter results that don’t look so good. But there was also a lot of sunny optimism from company officials, who believe they are well positioned to hitch a ride on a travel gold rush that’s building globally and could soon come to China when the country reopens for international travel.
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