Home> Online & Travel Tech
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
Meituan posts a record adjusted net profit of $778.3 million in Q1

Meituan posts a record adjusted net profit of $778.3 million in Q1

The room nights and GTV grew robustly.

05/25/2023|5:52:59 PM|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
Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs

Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs

While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.

05/17/2023|3:01:12 PM|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
How to meet Chinese travelers’ changing demands? Key takeaways from the China Arising event

How to meet Chinese travelers’ changing demands? Key takeaways from the China Arising event

Make changes to adapt to changes.

04/26/2023|3:46:47 PM|Ariel Wang,ChinaTravelNews
Trip.com Group has Baidu as largest shareholder, over 90% transaction orders from mobile channels in 2022

Trip.com Group has Baidu as largest shareholder, over 90% transaction orders from mobile channels in 2022

In 2022, Trip.com Group derived approximately 37% of the total revenues from accommodation reservation.

03/28/2023|1:10:58 PM|ChinaTravelNews
Meituan’s local commerce segment shines even in tough Q4

Meituan’s local commerce segment shines even in tough Q4

The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.

03/26/2023|11:06:18 AM|Ritesh Gupta, 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!