Search results for “2023 Q1”
Is U.S.-China decoupling beginning with visas and flights?
05/13/2025|5:18:04 PM|
Approximately 4,500 Chinese citizens lose their U.S. travel eligibility daily due to visa expiration.
Hilton’s China RevPAR drop: More than just market saturation
05/17/2025|3:17:11 AM|
The rising proportion of select-service brands combined with the declining share of upper-upscale full-service brands has significantly impacted Hilton’s China performance.
Chinese tourists shift shopping spree from South Korea to Japan
09/04/2024|3:51:45 PM|
In 2023, South Korea's duty-free business revenue was still lower than in 2020.
H World strengthens its direct bookings pie
06/01/2023|1:46:37 PM|
Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.
Meituan keen on sustaining its aggressive marketing and content strategy
05/31/2023|12:09:56 PM|
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”.
Chinese hotel giant H World registers 67% rise in Q1 revenue
05/30/2023|11:46:28 AM|
For Legacy-Huazhu business, RevPAR in Q1 2023 recovered to 118% of the Q1 2019 level.
Tongcheng achieves its all-time high for domestic room nights in Q1
05/30/2023|12:15:20 PM|
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.
Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue
06/09/2023|11:12:17 PM|
Q2 revenue is projected to rise 140%-150%.
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