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State-controled travel giant sees 14% drop in half-year revenue

State-controled travel giant sees 14% drop in half-year revenue

The group’s hotel operations recorded a profit of HKD 6 million, making a turnaround from loss to profit.

09/21/2022|3:35:15 AM|ChinaTravelNews
Chinese GDS giant posts 20% drop in half-year revenue

Chinese GDS giant posts 20% drop in half-year revenue

Net profit for parent company's shareholders rose to RMB 443.0 million (USD 63 million).

09/20/2022|12:21:20 AM|ChinaTravelNews
Hotel giant H World sees Q2 revenue down 5.7%, plans to quit economy soft-brands segment

Hotel giant H World sees Q2 revenue down 5.7%, plans to quit economy soft-brands segment

Q3 Revenue is projected to rise 13&-17%.

08/29/2022|11:01:00 PM|ChinaTravelNews
Tuniu report: premium hotels preferred by nearly 60% of self-guided tourists

Tuniu report: premium hotels preferred by nearly 60% of self-guided tourists

The number of people with three- to four-day trips accounted for 28% of the total.

08/27/2022|1:56:59 PM|ChinaTravelNews
Tongcheng witnesses remarkable rebound since mid-June

Tongcheng witnesses remarkable rebound since mid-June

The team is targeting expansion areas including “growth engines for the transportation business”.

08/24/2022|12:51:31 PM|Ritesh Gupta, ChinaTravelNews
Club Med owner reports 130% rise in half-year revenue and narrowed loss

Club Med owner reports 130% rise in half-year revenue and narrowed loss

Business volume of Club Med rose 336.0% year on year.

08/22/2022|11:36:55 PM|ChinaTravelNews
Tencent-invested online travel firm reports nearly 40% revenue decrease in Q2

Tencent-invested online travel firm reports nearly 40% revenue decrease in Q2

GMV decreased by 26.6% to RMB56.7 million.

08/22/2022|6:30:11 PM|ChinaTravelNews
Trip.com Group reports surging demand for car rental in summer, with bookings up by 152% from pre-pandemic level

Trip.com Group reports surging demand for car rental in summer, with bookings up by 152% from pre-pandemic level

Most users were the Post-80s, accounting for 41% of the total, followed by the Post-90s.

08/17/2022|11:33:06 AM|ChinaTravelNews
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