Search results for “2022 Q1”
GreenTree Hospitality reports 67.2% core net income decrease in Q4 2021
05/12/2022|11:14:41 AM|
RevPAR was RMB117, a 8.7% decrease compared with RMB129 in the fourth quarter of 2019.
China-Russia tourism: a moderate recovery fueled by flight and visa resumption
07/27/2023|12:02:16 PM|
In the first half of this year, flights between the two countries increased by 435.4% year on year to more than 1,900, still only up to 21.7% of the 2019 level.
H World strengthens its direct bookings pie
06/01/2023|1:46:37 PM|
Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.
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.
Meituan keen on sustaining its aggressive marketing and content strategy
05/31/2023|12:09:56 PM|
The company decided to focus on consumption recovery in Q1 with wide-ranging marketing initiatives, upping the ante to “explore traffic growth, and also to stimulate non-instant demand”.
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.
Disney is unlikely to build a third resort in China; Leisure-focused OTA firm posts 52.3% rise in Q1 revenue | Weekly Review
06/10/2023|10:05:41 AM|
Legend Capital to sell some Atour shares for over $85 million; Goldman Sachs buys Casa Cook and Cook’s Club brands from Fosun.
TikTok's China app rolls out new function to take on OTAs; mainland resumes group tours from Taiwan | Weekly Review
05/20/2023|11:39:17 AM|
Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue; Hong Kong Disneyland trims annual loss by 12% last year.
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