Search results for “2022 Q4”
Atour Lifestyle aims to operate 2,000 hotels by 2025
03/30/2023|8:27:15 PM|
The Chinese hotel group reported a net loss of USD 12 million for Q4, but a net income of USD 14 million for full year 2022.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Tongcheng Travel highlights its marketing excellence
03/24/2023|11:05:06 AM|
The online travel company stated that its decision to target students and also promote its loyalty membership initiative was complemented by marketing campaigns in 2022.
Trip.com Group hopeful of Chinese outbound pie picking up in Q2
03/08/2023|1:28:33 PM|
The online travel company indicated that factors such as flight capacity are posing a big challenge to the outbound travel recovery, but this is expected to be resolved in the coming months.
Hotel giant H World posts 10.7% revenue increase for Q4, net loss narrows to $19 million
03/27/2023|8:54:17 PM|
H World expects its YoY revenue growth to be in the range of 61%-65% in 2023 Q1.
Club Med owner Fosun Tourism narrows annual loss to $77 million in 2022
03/27/2023|11:07:17 AM|
The business volume of Club Med in Mainland China recovered to 54.3% of that of the same period in 2019.
Meituan posts $970 million annual loss
03/24/2023|5:27:33 PM|
Revenue rose 22.8% from 2021 to 2022.
Tencent-invested travel company reports 18.8% drop in Q4 revenue
03/21/2023|5:38:00 PM|
GMV decreased by 20.4% year-to-year.
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