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Meituan revenue rises 33% in Q2, netting a $644 million profit

Meituan revenue rises 33% in Q2, netting a $644 million profit

In-store, hotel & travel business grew with transaction volume up by over 120%.

08/25/2023|2:18:45 PM|ChinaTravelNews
Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year

Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year

For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.

08/24/2023|6:54:29 PM|ChinaTravelNews
Over 70% of APAC travelers maintain optimism for future travel plans, says Booking.com

Over 70% of APAC travelers maintain optimism for future travel plans, says Booking.com

About 90% of Chinese travelers would prefer to travel domestically this year.

08/23/2023|3:56:07 PM|Booking.com
Lifestyle hotel group Atour doubles its revenue in Q2

Lifestyle hotel group Atour doubles its revenue in Q2

Scenario-based retail revenues accounted for 19% of total revenues.

08/17/2023|8:09:34 PM|ChinaTravelNews
IHG reports 17% RevPAR growth, with China market contributing only 7% of revenue

IHG reports 17% RevPAR growth, with China market contributing only 7% of revenue

In Q2, the Greater China region's Revenue Per Available Room (RevPAR) doubled compared to the same period last year.

08/17/2023|2:53:06 PM|ChinaTravelNews
Amex GBT sees record Q2 earnings amid 'strong' SME growth

Amex GBT sees record Q2 earnings amid 'strong' SME growth

Transactions through smaller and mid-sized organisations increased by 15% year-on-year.

08/14/2023|9:28:21 PM|BTN
Disney vs. Comcast: Who's making more money?

Disney vs. Comcast: Who's making more money?

Both companies are counting on growth in international theme parks.

08/14/2023|6:10:30 PM|ChinaTravelNews
MakeMyTrip reports gains across air, hotels and buses

MakeMyTrip reports gains across air, hotels and buses

Gross bookings were $1.98 billion, up 31% year over year.

08/12/2023|10:45:25 AM|Phocuswire
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