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Lifestyle hotelier Atour reports a 6.5% drop in Q2 RevPAR

Lifestyle hotelier Atour reports a 6.5% drop in Q2 RevPAR

Net income for the quarter increased by 27.1% year-over-year.

08/30/2024|2:02:51 PM|ChinaTravelNews
H World strengthens direct B2B sales capability

H World strengthens direct B2B sales capability

The number of room nights booked directly via the hotel company's B2B platform exceeded six million in the April-June period.

08/23/2024|12:59:25 PM|ChinaTravelNews
International hotel performance drops in China: Is business travel to blame?

International hotel performance drops in China: Is business travel to blame?

Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.

08/23/2024|12:18:16 PM|ChinaTravelNews
Chinese hotel giant H World sees Q2 RevPAR down by 2%

Chinese hotel giant H World sees Q2 RevPAR down by 2%

There are 10,286 hotels or 1,001,865 hotel rooms in operation as of June 30, 2024.

08/21/2024|12:40:43 PM|ChinaTravelNews
Tencent-invested Tongcheng Travel reports 48% rise in Q2 revenue

Tencent-invested Tongcheng Travel reports 48% rise in Q2 revenue

Annual paying users reach 230 million.

08/21/2024|12:25:07 PM|ChinaTravelNews
China's GreenTree Hospitality posts sharp decline in performance

China's GreenTree Hospitality posts sharp decline in performance

Hotel revenues for 2024 were RMB264.6 million (US$36.4 million), a 14.8% year-over-year decrease.

08/16/2024|2:28:18 PM|ChinaTravelNews
Hilton: China RevPAR falls 5% in Q2

Hilton: China RevPAR falls 5% in Q2

Full-year 2024 system-wide RevPAR is projected to increase between 2.0 percent and 3.0 percent.

08/08/2024|3:25:42 PM|ChinaTravelNews
Uncover insights from China's new travelers

Uncover insights from China's new travelers

A new era has arrived, and new travelers have set out on their journeys.

05/29/2024|5:10:25 PM|ChinaTravelNews
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