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China reports a total number of 9,923 star-rated hotels in Q2

10/29/2020|5:28:43 PM|

Occupancy rates and RevPAR fell year-on-year in all the top 10 destinations, but nine out of the top 10 posted rises in ADR.

Pub company secures multi-million yuan angel round, expanding into hotel and long-term rental business

10/09/2024|6:54:50 PM|

This is Tiaohai’s first time receiving institutional funding.

MakeMyTrip reports a decrease of 82.2% in revenue but sees growth from last quarter

10/27/2020|9:39:52 PM|

Results from Operating Activities was a loss of $26.1 million in 2Q21 versus a loss of $31.9 million in 2Q20, reflecting an improvement of $5.8 million YoY.

Chinese airlines cut European flights

10/15/2024|8:37:54 PM|

Limited subsidies and weak demand drive the cancellations.

Trip.com Group reports over 60% increase in international platform in Q3

11/20/2024|5:22:38 PM|

Corporate travel revenue for the third quarter saw an 11% increase from 2023.

Lifestyle hotelier Atour reports 10% drop in Q3 RevPAR

11/20/2024|1:03:39 PM|

Net revenues for the third quarter of 2024 increased by 46.7% year-over-year.

China's GreenTree Hospitality posts sharp decline in performance

08/16/2024|2:28:18 PM|

Hotel revenues for 2024 were RMB264.6 million (US$36.4 million), a 14.8% year-over-year decrease.

Prosus liquidates entire stake in Trip.com for $1.6 billion

09/30/2024|4:26:55 PM|

The Chinese OTA’s stock price has reached its record high.

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