Trip.com Sales Growth Falls from 17% to 3% After Discontinuing Lowest-Price Rule Due to Regulatory Pressure
💸 Trip.com, in March 2026, turned off its price-matching tool due to regulatory pressure from China's regulator. This tool ensured room rates matched the lowest online prices, affecting Trip.com's earnings, which plummeted from a 17% growth to as low as 3%. The change highlighted the financial impact on hotels, as the platform could no longer profit from forcing lower prices. Despite the adjustment, the tool remains active outside China, continuing to compress hotel margins.
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