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Shangri-La Group's 2023 revenue recovers to 95% of 2019

Shangri-La Group's 2023 revenue recovers to 95% of 2019

Hotel business recovery was led by mainland China and Hong Kong.

03/25/2024|4:46:22 PM|ChinaTravelNews
H World continues foray into less penetrated areas

H World continues foray into less penetrated areas

The home-grown hotel chain stated that its organization restructuring has enabled the team to work out new signings in South, West, and Central China.  

03/25/2024|10:31:28 AM|ChinaTravelNews
Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

The company has served more than 600 overseas merchants, covering 22+ countries worldwide.

05/21/2024|4:33:48 PM|ChinaTravelNews
Chinese hotel giant H World announces 57.9% revenue rise in 2023

Chinese hotel giant H World announces 57.9% revenue rise in 2023

H World expects to open around 1,800 hotels and close around 650 hotels this year.

03/21/2024|4:45:48 PM|ChinaTravelNews
H World continues to expand its upper-midscale segment

H World continues to expand its upper-midscale segment

Counting on hotels in the category to drive sustainable RevPAR recovery, along with factors like uncovering opportunities in lower-tier cities in China.

11/28/2023|3:04:02 PM|ChinaTravelNews
H World revenue rises more than 50% in Q3, beating previous expectation

H World revenue rises more than 50% in Q3, beating previous expectation

The hotel operator projects revenue growth to be 41%-45%.

11/27/2023|3:12:01 PM|ChinaTravelNews
Trip.com achieves breakeven on contribution margin basis, says CFO

Trip.com achieves breakeven on contribution margin basis, says CFO

The OTA giant will continue global expansion and cultivate AI-related initiatives.

11/21/2023|1:56:10 PM|ChinaTravelNews
Upper-midscale hotel group Atour Lifestyle posts over 90% rise in Q3 revenue

Upper-midscale hotel group Atour Lifestyle posts over 90% rise in Q3 revenue

Room number expanded by 25.3%.

11/17/2023|4:10:29 PM|ChinaTravelNews
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