2023 financial results - ChinaTravelNews

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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 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.

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.

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.

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.

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