1、Exhibit 99.1 T Group Limited Reports Unaudited First Quarter of 2024 Financial Results SINGAPORE,May 20,2024 T Group Limited(Nasdaq:TCOM;HKEX:9961)(“T Group”or the“Company”),a leading one-stop travel service provider of accommodation reservation,transportation ticketing,packaged tours,and corporate
2、travel management,today announced its unaudited financial results for the first quarter of 2024.Key Highlights for the First Quarter of 2024 Both domestic and international businesses maintained robust growth momentum in the first quarter of 2024 -Domestic hotel and air bookings each increased by ov
3、er 20%year over year.-Outbound hotel and air bookings both increased by over 100%year over year.-Total revenue generated from the Companys global OTA platform,T,increased by around 80%year over year.The Company delivered strong results in the first quarter of 2024 -Net revenue for the first quarter
4、increased by 29%compared to the same period in 2023.-Net income for the first quarter was RMB4.3 billion(US$599 million),compared to RMB3.4 billion for the same period in 2023.-Adjusted EBITDA for the first quarter was RMB4.0 billion(US$550 million).Adjusted EBITDA margin was 33%,improved from 31%fo
5、r the same period in 2023.“The year 2024 has begun with a significant increase in both domestic and outbound travel demand in China,facilitated by a more stabilized supply and further relaxation of visa requirements,”said James Liang,Executive Chairman.“Additionally,our global business has experienc
6、ed robust growth,driven by our improved product offerings.We are committed to investing in product and technology innovations to deliver a superior travel experience to our users.”“We are delighted to see that our first quarter results have demonstrated the resilience of the travel market and the st