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Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue
06/09/2023|11:12:17 PM|
Q2 revenue is projected to rise 140%-150%.
Trip.com Group sees potential upside in inbound business
06/09/2023|8:16:11 PM|
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|12:02:42 PM|
Domestic hotel bookings grew by more than 100% year over year.
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.
Booking reports faster growth in gross travel bookings than Expedia
05/05/2023|8:27:04 AM|
Both OTA giants set record highs in the first quarter.
Tongcheng achieves its all-time high for domestic room nights in Q1
05/30/2023|12:15:20 PM|
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.
Meituan posts a record adjusted net profit of $778.3 million in Q1
05/25/2023|5:52:59 PM|
The room nights and GTV grew robustly.
Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue
05/24/2023|6:48:19 PM|
Some 80% of Tongcheng's active users were contributed by Tencent's Weixin mini program.
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