Search results for “2023 financial results”
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.
H World CEO confident of expansion despite supply-demand imbalance
03/25/2025|11:47:14 AM|
The hotel company achieved significant hotel network expansion in 2024, while navigating China's evolving hotel market dynamics.
Platform capabilities propel Meituan's hotel business in 2024
03/24/2025|3:20:00 PM|
The company’s hotel growth was fuelled by its strong lower-tier market presence and platform integrations, including "Hotel + X" deals.
Lifestyle hotelier Atour reports more than 600% rise in annual profit
03/29/2024|8:28:47 AM|
GMV generated from retail business was RMB 1,139 million for 2023, up by 298.3%.
Shangri-La Group's 2023 revenue recovers to 95% of 2019
03/25/2024|4:46:22 PM|
Hotel business recovery was led by mainland China and Hong Kong.
H World continues foray into less penetrated areas
03/25/2024|10:31:28 AM|
The home-grown hotel chain stated that its organization restructuring has enabled the team to work out new signings in South, West, and Central China.  
Tongcheng Travel ends 2023 on a high 
03/25/2024|10:23:10 AM|
The online travel company capitalized on the increased demand of accommodation services to fully recover its international room nights sold year-on-year growth, as compared to 2019. 
Meituan daily live streaming sessions exceeded 10000 in December
03/25/2024|10:01:30 AM|
The company shared that it proactively captured the offline consumption rebound and as a result GTV of in-store, hotel and travel businesses increased by over 100% year-over-year in 2023.
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