Q1 - ChinaTravelNews

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South Korea to introduce visa-free policy for select Chinese tour groups

12/27/2024|4:58:03 PM|

The new policy will provide a much-needed boost for South Korea's retail, duty-free, and tourism sectors.

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%.

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.

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.

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.

Chinese tourists shift shopping spree from South Korea to Japan

09/04/2024|3:51:45 PM|

In 2023, South Korea's duty-free business revenue was still lower than in 2020.

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.

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