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Ye’s Haikou concert generates $53 million, boosting tourism in a third-tier Chinese city

09/20/2024|6:55:12 PM|

Hotel prices surged following announcement of additional concert.

Tencent-invested travel company reports 18.8% drop in Q4 revenue; visa applications by Chinese group tourists surge | Daily Brief

03/21/2023|6:56:11 PM|

Hong Kong’s MTR Corporation adds 5 new mainland destinations; probe into China Eastern Airlines flight crash continuing.

Tencent-invested travel company reports 18.8% drop in Q4 revenue

03/21/2023|5:38:00 PM|

GMV decreased by 20.4% year-to-year.

Lifestyle hotelier Atour reports a 6.5% drop in Q2 RevPAR

08/30/2024|2:02:51 PM|

Net income for the quarter increased by 27.1% year-over-year.

Leisure travel firm Tuniu reports 62.8% decline in Q4 revenue

03/17/2023|7:39:13 PM|

The company expects net revenues to increase by 45%-55% in Q1 2023.

H World strengthens direct B2B sales capability

08/23/2024|12:59:25 PM|

The number of room nights booked directly via the hotel company's B2B platform exceeded six million in the April-June period.

Chinese hotel giant H World sees Q2 RevPAR down by 2%

08/21/2024|12:40:43 PM|

There are 10,286 hotels or 1,001,865 hotel rooms in operation as of June 30, 2024.

China's GreenTree Hospitality posts sharp decline in performance

08/16/2024|2:28:18 PM|

Hotel revenues for 2024 were RMB264.6 million (US$36.4 million), a 14.8% year-over-year decrease.

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