Tongcheng, other travel peers come under anti-competitive scrutiny
The leading second-tier online travel agent, alongside rival services operated by Alibaba and Meituan, are being investigated by China’s market regulator Key Takeaways: Tongcheng, along with second-tier online travel services…
H World rolls out red carpet for shareholders with new $2.5 billion return plan
China's leading hotel group raised its full-year outlook after posting stronger-than-expected second-quarter results, as it added two new brands to its domestic portfolio Key Takeaways: H World's revenue rose 10.8%…
Shangri-La profit picks up on rebounding China market
The hotelier said its operating profit rose 35% in the first half of 2026, accelerating sharply from a 6% rise for all of 2025 Key Takeaways: Shangri-La Asia’s profit growth…
Digital, scale advantages lift H World Group to top of global hotel rankings
Hotel giant H World Group Ltd. (HTHT.US; 1179.HK) took the top two spots on a list of the world’s leading hotel brands in the latest rankings by “Hotels” magazine, reflecting…
GreenTree revenue falls on weakness in hotel, restaurant businesses
Budget hotel operator GreenTree Hospitality Group Ltd. (GHG.US) on Tuesday reported its revenue fell 14% in the first quarter of 2026, as both its hotel and restaurant business declined amid…
Struggling Shimao looks on as creditors move in on its trophy Hong Kong hotel
Its onshore and offshore bonds now restructured, the developer must still navigate its massive bank debt, likely requiring more asset liquidations Key Takeaways: Several creditor banks may be moving to…
BRIEF: Atour’s revenue jumps on momentum for retail, hotel management businesses
Hotel operator Atour Lifestyle Holdings Ltd. (ATAT.US) reported on Wednesday that its revenue jumped 47.5% to 2.81 billion yuan ($414 million) in the first quarter from 1.91 billion yuan a…
