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Meituan keen on sustaining its aggressive marketing and content strategy
05/31/2023|12:09:56 PM|
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”.
Chinese hotel giant H World registers 67% rise in Q1 revenue
05/30/2023|11:46:28 AM|
For Legacy-Huazhu business, RevPAR in Q1 2023 recovered to 118% of the Q1 2019 level.
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.
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