Search results for “2022 Q1”
Trip.com Group posts $157 million net loss in Q1 2022
06/28/2022|11:40:57 AM|
Staycation travel continues to serve as a major contributor to domestic recovery, with local hotel bookings up by over 20% year-over-year.
China’s local brands open more upscale hotels than global brands in Q1 2022
05/09/2022|3:32:09 PM|
About 71% of the new properties are located in the country’s eastern regions.
Tongcheng brings in ad revenue via “fun and entertaining” brand identity
11/28/2023|3:11:15 PM|
The share of Chinese online travel company’s revenue from categories other than accommodation and transport ticketing almost touched 15% in Q3.
Tongcheng continues to march ahead despite a topsy-turvy ride
05/26/2022|9:50:36 AM|
The online travel company’s plan to target opportunities, for instance, reaching out to new users in lower-tier cities, continues to deliver.
Chinese OTA Tuniu expects wider net revenue drop for Q2
06/09/2022|8:00:21 PM|
Net loss was USD 6.6 million in the first quarter of 2022.
Meituan acts fast on new demand and cost cutting opportunities in Q1
06/09/2022|2:21:26 PM|
The company highlighted that the decision to support hotel companies’ digital transformation and some of the other initiatives like Hotel + X are contributing immensely at this juncture.
H World shows faith in lower-tier cities residents’ spending power
08/29/2023|3:35:34 PM|
Lower-tier cities in China offer a massive growth potential, especially considering the fact that around 70% of China’s population resides in these locations.
Tencent-invested online travel firm reports 6.5% revenue increase in Q1
05/19/2022|7:02:04 PM|
The company registered more than 10% growth in room nights sold in lower-tier cities.
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Trip.com surpasses its shareholder Baidu in market capitalization, adding $12.8 billion value in half a year

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