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Meituan revenue rises 33% in Q2, netting a $644 million profit
08/25/2023|2:18:45 PM|
In-store, hotel & travel business grew with transaction volume up by over 120%.
China’s hotel chain and SaaS provider Zhiding Yuemei files for U.S. IPO
08/24/2023|10:18:47 AM|
Zhiding Yuemei plans to raise an additional capital of USD 50,000,000 in Pre-IPO.
Marriott RevPAR more than doubles in Greater China; Meituan partners with Amadeus | Weekly Review
08/05/2023|10:47:10 AM|
Ant Group partners with DFS for luxury travel retail; Wyndham Reports Strong H1 2023 RevPAR Growth in Asia Pacific.
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.
Tencent-backed Tongcheng Travel doubles its revenue in Q2
08/22/2023|5:25:12 PM|
Total GMV increased by 145.7% year-to-year to RMB59.7 billion.
Hilton bets on China’s middle class; Chinese Valentine’s Day boosts domestic tourism | Daily Brief
08/21/2023|8:43:31 PM|
China summer spending surges with sold-out shows, packed tourist spots; Cathay Pacific on recovery track but Chinese rivals loom.
Airbus COO highlights China’s role in production ramp-up; Gen-Z spending on leisure and travel is up | Daily Brief
09/14/2023|6:22:49 PM|
Upgrades make visa applications easier for expats; China expects 190 mln railway trips during upcoming travel rush.
Chinese OTA Tuniu reports first quarterly operating profit since listing
08/18/2023|12:36:28 PM|
Net revenues in Q2 increased by 170.5% year-over-year to RMB100.0 million.
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