Search results for “Q1”
Meituan CEO: Demand for travel was stronger in Q2 versus Q1
09/03/2021|10:06:57 AM|
Q2 started by facilitating recovery in the travel sector in China before travel restrictions came back to disrupt the same. Nevertheless a company of Meituan’s stature proved that they can sustain their growth trajectory in their hotel business.
China debates quarantine cut; Club Med owner reports growth | Weekly Review
10/22/2022|11:31:16 AM|
Mainland group tours to Macau early Nov; Alibaba Fliggy invests in car rental firm.
Club Med owner sees rise in business volume; Mainland group tours to Macau early Nov | Daily Brief
10/22/2022|12:02:00 AM|
IHG reports improvements in Greater China; Radisson cements European expansion.
IHG reports business improvements in Greater China
10/21/2022|7:40:28 PM|
The average daily rate was 13% year-on-year and 11% up on Q3 in 2019.
GreenTree Hospitality reports over 53% increase in revenues for Q1 2021
07/29/2021|10:33:41 AM|
The occupancy rate was 63.4%, an increase of 16.1 percentage points year-over-year, and a decrease of 14.7 percentage points compared with 78.1% in the pre-COVID-19 first quarter of 2019.
Q2 proves to be turbulent as well as promising for H World
08/31/2022|5:18:06 PM|
The mixed performance came in considering that the company’s European operations recovered to attain 2019 levels, whereas H World continued to focus on maintaining a healthy cash position for its operations in China.
Chinese OTA Tuniu reports 55.5% net revenue drop in Q1, but expects more than 300% growth in Q2
06/03/2021|6:33:45 PM|
Revenues from packaged tours were USD 6.9 million in the first quarter of 2021, representing a year-over-year decrease of 62.3%.
Trip.com Group asserts the flywheel is moving strongly in Europe
08/08/2022|9:55:09 PM|
The online travel company says it is not cutting corners when it comes to technology, customer service, digital assets, acting on smart data, and talent within the group plus there is massive support from HQ in Shanghai.
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