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Chinese hotel giant H World registers 67% rise in Q1 revenue
05/30/2023
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11:46:28 AM
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For Legacy-Huazhu business, RevPAR in Q1 2023 recovered to 118% of the Q1 2019 level.
Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue
06/09/2023
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11:12:17 PM
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Q2 revenue is projected to rise 140%-150%.
Trip.com Group sees potential upside in inbound business
06/09/2023
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8:16:11 PM
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The OTA acknowledged the Chinese government’s friendly policies, including convenient visa services, as well as the growing prowess of its own global business to facilitate inbound travel.
Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter
06/08/2023
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12:02:42 PM
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Domestic hotel bookings grew by more than 100% year over year.
Booking reports faster growth in gross travel bookings than Expedia
05/05/2023
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8:27:04 AM
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Both OTA giants set record highs in the first quarter.
Sustained travel demand, hotel signings boost Hilton's first quarter
05/02/2023
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10:00:00 AM
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With travel restrictions lifted in China, RevPAR in March exceeded 2019 levels in all regions and segments for the first time since the pandemic began.
H World strengthens its direct bookings pie
06/01/2023
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1:46:37 PM
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Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.
Tongcheng achieves its all-time high for domestic room nights in Q1
05/30/2023
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12:15:20 PM
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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.
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