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Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue

Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue

Q2 revenue is projected to rise 140%-150%.

06/09/2023|11:12:17 PM|ChinaTravelNews
Trip.com Group sees potential upside in inbound business

Trip.com Group sees potential upside in inbound business

The OTA acknowledged the Chinese government’s friendly policies, including convenient visa services, as well as the growing prowess of its own global business to facilitate inbound travel.

06/09/2023|8:16:11 PM|ChinaTravelNews
Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter

Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter

Domestic hotel bookings grew by more than 100% year over year.

06/08/2023|12:02:42 PM|ChinaTravelNews
Douyin influencers generate over 5.83 million travel-related orders in Q1

Douyin influencers generate over 5.83 million travel-related orders in Q1

More than 1000,000 accommodation transactions registered in the first quarter.

06/07/2023|5:29:08 PM|ChinaTravelNews
Meituan keen on sustaining its aggressive marketing and content strategy

Meituan keen on sustaining its aggressive marketing and content strategy

The company decided to focus on consumption recovery in Q1 with wide-ranging marketing initiatives, upping the ante to “explore traffic growth, and also to stimulate non-instant demand”.

05/31/2023|12:09:56 PM|Ritesh Gupta, ChinaTravelNews
Tongcheng achieves its all-time high for domestic room nights in Q1

Tongcheng achieves its all-time high for domestic room nights in Q1

The online travel company benefited from the healthy recovery in the wake of relaxed Covid-19 travel policies, and this was reflected in its revenue from domestic room nights and air ticketing.

05/30/2023|12:15:20 PM|Ritesh Gupta, ChinaTravelNews
Meituan posts a record adjusted net profit of $778.3 million in Q1

Meituan posts a record adjusted net profit of $778.3 million in Q1

The room nights and GTV grew robustly.

05/25/2023|5:52:59 PM|ChinaTravelNews
Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue

Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue

Some 80% of Tongcheng's active users were contributed by Tencent's Weixin mini program.

05/24/2023|6:48:19 PM|ChinaTravelNews
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