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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.

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

08/23/2024|12:18:16 PM|

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

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.

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.

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.

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

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

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

Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue

05/19/2023|10:17:38 AM|

Retail and related incomes accounted for 18% of Atour's total revenue in the quarter.

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