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

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

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

08/23/2024|12:18:16 PM|ChinaTravelNews
Tongcheng Travel sustains its growth momentum in Q2

Tongcheng Travel sustains its growth momentum in Q2

The online travel company's OTA and tourism businesses contributed significantly to a noteworthy quarter.

08/22/2024|3:40:49 PM|ChinaTravelNews
Chinese hotel giant H World sees Q2 RevPAR down by 2%

Chinese hotel giant H World sees Q2 RevPAR down by 2%

There are 10,286 hotels or 1,001,865 hotel rooms in operation as of June 30, 2024.

08/21/2024|12:40:43 PM|ChinaTravelNews
Tencent-invested Tongcheng Travel reports 48% rise in Q2 revenue

Tencent-invested Tongcheng Travel reports 48% rise in Q2 revenue

Annual paying users reach 230 million.

08/21/2024|12:25:07 PM|ChinaTravelNews
Does China worry about overtourism?

Does China worry about overtourism?

Beijing occupies half of the top ten spots on the Qunar platform's list of top summer tourist attractions nationwide.

08/19/2024|2:18:40 PM|ChinaTravelNews
Chinese tourist visas to Japan still recovering slowly

Chinese tourist visas to Japan still recovering slowly

The number has only returned to 35% of pre-pandemic levels.

08/19/2024|2:12:21 PM|ChinaTravelNews
China's GreenTree Hospitality posts sharp decline in performance

China's GreenTree Hospitality posts sharp decline in performance

Hotel revenues for 2024 were RMB264.6 million (US$36.4 million), a 14.8% year-over-year decrease.

08/16/2024|2:28:18 PM|ChinaTravelNews
Cathay Pacific H1 2024 passenger traffic rises 36%

Cathay Pacific H1 2024 passenger traffic rises 36%

The passenger flights reached 80% of pre-pandemic levels.

08/08/2024|3:30:22 PM|ChinaTravelNews
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