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Meituan revenue rises 33% in Q2, netting a $644 million profit

08/25/2023|2:18:45 PM|

In-store, hotel & travel business grew with transaction volume up by over 120%.

Tencent-backed Tongcheng Travel doubles its revenue in Q2

08/22/2023|5:25:12 PM|

Total GMV increased by 145.7% year-to-year to RMB59.7 billion.

Lifestyle hotel group Atour doubles its revenue in Q2

08/17/2023|8:09:34 PM|

Scenario-based retail revenues accounted for 19% of total revenues.

Disney vs. Comcast: Who's making more money?

08/14/2023|6:10:30 PM|

Both companies are counting on growth in international theme parks.

Accor sees solid activity growth in first half, raises full-year guidance

07/29/2023|7:02:44 PM|

Demand is expected to remain strong for the coming months.

International hotel performance drops in China: Is business travel to blame?

08/23/2024|12:18:16 PM|

Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.

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.

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