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Meituan keen on sustaining its aggressive marketing and content strategy

Meituan keen on sustaining its aggressive marketing and content strategy

The company decided to focus on consumption recovery in Q1 with wide-ranging marketing initiatives, upping the ante to “explore traffic growth, and also to stimulate non-instant demand”.

05/31/2023|12:09:56 PM|Ritesh Gupta, ChinaTravelNews
Tongcheng achieves its all-time high for domestic room nights in Q1

Tongcheng achieves its all-time high for domestic room nights in Q1

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.

05/30/2023|12:15:20 PM|Ritesh Gupta, ChinaTravelNews
Meituan’s AI model in development, predicts major changes

Meituan’s AI model in development, predicts major changes

Wang Xing indicated that Meituan maintains an open attitude towards external technological cooperation and investment opportunities.

05/29/2023|12:10:23 PM|Pandaily
Meituan posts a record adjusted net profit of $778.3 million in Q1

Meituan posts a record adjusted net profit of $778.3 million in Q1

The room nights and GTV grew robustly.

05/25/2023|5:52:59 PM|ChinaTravelNews
Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue

Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue

Some 80% of Tongcheng's active users were contributed by Tencent's Weixin mini program.

05/24/2023|6:48:19 PM|ChinaTravelNews
Advance sales heat up summer travel market

Advance sales heat up summer travel market

As of May 16, bookings for summer trips exceeded the pre-pandemic levels of 2019.

05/24/2023|5:21:53 PM|China.org.cn
China’s travel sector forecast to see swift recovery despite prolonged restrictions

China’s travel sector forecast to see swift recovery despite prolonged restrictions

International visitor spend in China is forecast to grow more than 50% this year.

05/23/2023|6:12:02 PM|WTTC
China's outbound travel visa applications surge, driven by pent-up demand

China's outbound travel visa applications surge, driven by pent-up demand

Demand for visas to the Schengen area has risen rapidly, and 70% of applications are for business visas.

05/22/2023|11:27:30 AM|Global Times
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