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Meituan counts on its membership initiative for travel business
12/03/2024|1:09:16 PM|
The tech-driven retail company’s decision to expand its Shen Hui Yuan membership program allowed Meituan to reach consumers in lower-tier cities as part of its effort to stimulate local consumption.
Lower attendance at Shanghai Disney impacts Walt Disney's performance
11/21/2024|10:59:06 PM|
Operating profit of Disney's International Parks & Experiences segment saw a year-over-year decline.
H World Group strengthens direct B2B sales capability
11/30/2024|10:55:03 AM|
The company is confident that strengthening these capabilities will further enhance its membership program and drive sustainable growth.
Travel and mobility platform Huoli Group files for Hong Kong IPO
11/01/2024|11:28:17 PM|
Huoli Group recorded a total transaction volume of USD 4.3 billion last year, securing its position as China’s second-largest one-stop travel platform.
Chinese hotel giant H World sees Q3 occupancy rate down by one percentage point
11/27/2024|6:54:09 PM|
Hotels in operation for at least 18 months representing a 10.3% decline in RevPAR.
Tongcheng Travel posts over 51% rise in Q3 revenue
11/21/2024|3:02:07 PM|
71% of its new paying users on Weixin platform were from non-first tier cities.
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.
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