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Hilton Hotels sees no slowdown in travel surge

Hilton Hotels sees no slowdown in travel surge

Second-quarter revenue per available room rose a remarkable 12% year-over-year.

07/29/2023|9:42:40 AM|Skift
TEA and AECOM' s definitive global attraction attendance report points to impressive industry resilience and recovery in 2022

TEA and AECOM' s definitive global attraction attendance report points to impressive industry resilience and recovery in 2022

China’s biggest chains OCT, Fantawild and Chimelong saw a drop of 40-60% from 2021 to 2022.

06/25/2023|2:42:12 PM|TEA/AECOM
Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue

Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue

Q2 revenue is projected to rise 140%-150%.

06/09/2023|11:12:17 PM|ChinaTravelNews
Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter

Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter

Domestic hotel bookings grew by more than 100% year over year.

06/08/2023|12:02:42 PM|ChinaTravelNews
H World strengthens its direct bookings pie

H World strengthens its direct bookings pie

Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.

06/01/2023|1:46:37 PM|Ritesh Gupta, ChinaTravelNews
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
Chinese hotel giant H World registers 67% rise in Q1 revenue

Chinese hotel giant H World registers 67% rise in Q1 revenue

For Legacy-Huazhu business, RevPAR in Q1 2023 recovered to 118% of the Q1 2019 level.

05/30/2023|11:46:28 AM|ChinaTravelNews
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