Search results for “2023 financial results”
Chinese hotel giant H World announces 57.9% revenue rise in 2023
03/21/2024|4:45:48 PM|
H World expects to open around 1,800 hotels and close around 650 hotels this year.
Tencent-backed Tongcheng Travel's revenue rises over 80% in 2023
03/20/2024|11:08:02 AM|
Tourism shifts from recovery to sustainable growth.
H World continues to expand its upper-midscale segment
11/28/2023|3:04:02 PM|
Counting on hotels in the category to drive sustainable RevPAR recovery, along with factors like uncovering opportunities in lower-tier cities in China.
Meituan stresses on growth in its hotel and travel business
12/04/2023|3:42:21 PM|
The focus on “value-for-money purchases” is paying off as quarterly transacting users increased substantially during Q3.
Airbnb reports 17% rise in cross-border nights, China outbound increases 100%+
11/02/2023|8:57:52 AM|
Asia Pacific business has fully recovered.
Strong travel demand helps Meituan defy slowing growth in core business
11/29/2023|6:36:19 PM|
Steeper-than-expected in-store, hotel and travel operating profit fall reflects heightened spending on promotions within this sector.
Tongcheng brings in ad revenue via “fun and entertaining” brand identity
11/28/2023|3:11:15 PM|
The share of Chinese online travel company’s revenue from categories other than accommodation and transport ticketing almost touched 15% in Q3.
H World revenue rises more than 50% in Q3, beating previous expectation
11/27/2023|3:12:01 PM|
The hotel operator projects revenue growth to be 41%-45%.
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