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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.

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.

Hotel giant H World Group changes CFO

09/04/2024|4:22:58 PM|

New CFO has joined the company for ten years.

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