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Chinese hotel giant H World registers 67% rise in Q1 revenue

05/30/2023|11:46:28 AM|

For Legacy-Huazhu business, RevPAR in Q1 2023 recovered to 118% of the Q1 2019 level.

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

06/09/2023|11:12:17 PM|

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

Trip.com Group sees potential upside in inbound business

06/09/2023|8:16:11 PM|

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.

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

06/08/2023|12:02:42 PM|

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

Booking reports faster growth in gross travel bookings than Expedia

05/05/2023|8:27:04 AM|

Both OTA giants set record highs in the first quarter.

H World strengthens its direct bookings pie

06/01/2023|1:46:37 PM|

Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.

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

05/30/2023|12:15:20 PM|

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.

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

05/25/2023|5:52:59 PM|

The room nights and GTV grew robustly.

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