Financial Results - ChinaTravelNews

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Meituan's travel business witnesses steady growth in Q2

09/03/2024|4:15:36 PM|

The company shared that its ploy of branding promotions and refined marketing strategies helped to grow its hotel and travel business.

Hilton's Asia Pacific RevPAR rises 39% led by China market

10/27/2023|4:05:00 PM|

Net income rose 9.5% to USD 379 million.

IHG sees 43% RevPAR rise in China with 67% occupancy

10/23/2023|11:08:58 AM|

Net system size growth in Greater China was 5.5%.

International hotel performance drops in China: Is business travel to blame?

08/23/2024|12:18:16 PM|

Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.

Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year

08/24/2023|6:54:29 PM|

For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.

Trip.com Group revenue nearly triples in Q2, outbound bookings recover 60%+

09/05/2023|11:03:29 AM|

Sales and marketing expenses for the second increased by 185%.

Fosun Tourism posts 38% revenue rise, but China is just 4% of Club Med's global volume

08/29/2023|5:08:13 PM|

Atlantis Sanya's occupancy rate added more than 40 percentage points.

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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