Search results for “2023 Q1”
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.
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.
Wyndham Hotels & Resorts posts 15.6% decrease in net revenue in Q1
05/02/2023|3:55:33 PM|
The world’s largest hotel franchisor registered 10% growth in its direct franchising business in China.
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.
Chinese airlines’ losses narrow in Q2; Trip.com and Mastercard partner to offer discounts in APAC | Daily Brief
08/31/2023|6:28:36 PM|
Travel spending in China maintains high growth momentum in August, survey finds; China logs over 82 million entry-exit trips during summer break.
Air China plans to take delivery of 737 Max; Meituan benefits from strengthening “consumer mindshare” in travel | Weekly Review
09/02/2023|10:03:54 AM|
H World shows faith in lower-tier cities residents’ spending power; Baidu becomes first in China to offer driverless airport rides.
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.
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Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

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Lifestyle hotelier Atour reports more than 600% rise in annual profit

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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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