2023 financial results - ChinaTravelNews

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Tencent-invested travel firm Tongcheng capitalizes on China's lower-tier markets

11/22/2023|2:16:06 PM|

80% of Tongcheng's average MAUs were contributed by Tencent's Weixin mini-program.

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

11/21/2023|1:56:10 PM|

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

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

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

Room number expanded by 25.3%.

Booking outperforms Expedia in Q3 results

11/03/2023|9:20:19 AM|

The two giants also face rising competition from younger rivals like Airbnb.

Hilton's Asia Pacific RevPAR rises 39% led by China market

10/27/2023|4:05:00 PM|

Net income rose 9.5% to USD 379 million.

IHG sees 43% RevPAR rise in China with 67% occupancy

10/23/2023|11:08:58 AM|

Net system size growth in Greater China was 5.5%.

Tongcheng Travel’ new business streams gain traction

11/23/2024|9:18:44 PM|

The company continues to augment its revenue generation from online packaged tour services and hotel management services.

Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year

08/24/2023|6:54:29 PM|

For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.

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