2023 Q3 - ChinaTravelNews

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Meituan stresses on growth in its hotel and travel business

12/04/2023|3:42:21 PM|

The focus on “value-for-money purchases” is paying off as quarterly transacting users increased substantially during Q3.

H World continues to expand its upper-midscale segment

11/28/2023|3:04:02 PM|

Counting on hotels in the category to drive sustainable RevPAR recovery, along with factors like uncovering opportunities in lower-tier cities in China.

Tongcheng brings in ad revenue via “fun and entertaining” brand identity

11/28/2023|3:11:15 PM|

The share of Chinese online travel company’s revenue from categories other than accommodation and transport ticketing almost touched 15% in Q3.

Leisure-focused travel firm Tuniu more than doubles its Q3 revenue

11/22/2023|2:53:16 PM|

The company said its path to profitability is increasingly clear.

Airbnb reports 17% rise in cross-border nights, China outbound increases 100%+

11/02/2023|8:57:52 AM|

Asia Pacific business has fully recovered.

H World revenue rises more than 50% in Q3, beating previous expectation

11/27/2023|3:12:01 PM|

The hotel operator projects revenue growth to be 41%-45%.

Tencent-invested travel firm Tongcheng capitalizes on China's lower-tier markets

11/22/2023|2:16:06 PM|

80% of Tongcheng's average MAUs were contributed by Tencent's Weixin mini-program.

Trip.com achieves breakeven on contribution margin basis, says CFO

11/21/2023|1:56:10 PM|

The OTA giant will continue global expansion and cultivate AI-related initiatives.

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