Home> Reports
Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter

Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter

Domestic hotel bookings grew by more than 100% year over year.

06/08/2023|12:02:42 PM|ChinaTravelNews
H World strengthens its direct bookings pie

H World strengthens its direct bookings pie

Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.

06/01/2023|1:46:37 PM|Ritesh Gupta, ChinaTravelNews
Meituan keen on sustaining its aggressive marketing and content strategy

Meituan keen on sustaining its aggressive marketing and content strategy

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”.

05/31/2023|12:09:56 PM|Ritesh Gupta, ChinaTravelNews
Tongcheng achieves its all-time high for domestic room nights in Q1

Tongcheng achieves its all-time high for domestic room nights in Q1

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.

05/30/2023|12:15:20 PM|Ritesh Gupta, ChinaTravelNews
Chinese hotel giant H World registers 67% rise in Q1 revenue

Chinese hotel giant H World registers 67% rise in Q1 revenue

For Legacy-Huazhu business, RevPAR in Q1 2023 recovered to 118% of the Q1 2019 level.

05/30/2023|11:46:28 AM|ChinaTravelNews
Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue

Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue

Some 80% of Tongcheng's active users were contributed by Tencent's Weixin mini program.

05/24/2023|6:48:19 PM|ChinaTravelNews
Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue

Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue

Retail and related incomes accounted for 18% of Atour's total revenue in the quarter.

05/19/2023|10:17:38 AM|ChinaTravelNews
Booking reports faster growth in gross travel bookings than Expedia

Booking reports faster growth in gross travel bookings than Expedia

Both OTA giants set record highs in the first quarter.

05/05/2023|8:27:04 AM|ChinaTravelNews
1 2 3 4 5 6 7 8 9 10
READ MORE

MOST POPULAR

1

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

2

GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

3

Global tourism shift: China and U.S. slow down while India rises

4

Lufthansa plans to suspend Beijing flights as German investments in China reach record high

5

Trip.com Group reports 70% rise in Q1 international OTA platform revenue

©2022 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!