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Midscale and above hotel signings in China rise 4.3% in 2024

03/28/2025|10:27:11 PM|

Franchising dominates with a 73% share of signings.

Lifestyle hotelier Atour reports a 55.3% increase in 2024 revenues

03/26/2025|11:27:56 AM|

Retail business saw a 126.2% surge.

Trip.com surges to near top 3 in South Korean market

03/04/2025|6:03:33 PM|

The Chinese travel app leverages aggressive pricing and precise localization to attract Korean users.

Tongcheng carries growth momentum in hotels category into Q2

08/30/2023|1:58:56 PM|

By capitalizing on travel demand and working out relevant sales strategy, Tongcheng achieved sizable growth in hotel bookings as compared to what it had achieved for the same period in 2019.

Tongcheng Travel’ new business streams gain traction

11/23/2024|9:18:44 PM|

The company continues to augment its revenue generation from online packaged tour services and hotel management services.

Lifestyle hotelier Atour reports 10% drop in Q3 RevPAR

11/20/2024|1:03:39 PM|

Net revenues for the third quarter of 2024 increased by 46.7% year-over-year.

More wealthy Chinese travel abroad, redirecting domestic tourism spending

10/14/2024|7:11:14 PM|

The outflow of spending power has directly impacted Hainan’s offshore duty-free market.

China sees sustained recovery in inbound tourism

09/11/2024|6:18:32 PM|

The total number of entries and exits by residents of Hong Kong, Macao, Taiwan and foreign nationals has recovered to 92% of the same period in 2019.

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