Klook withdraws U.S. listing application
Online travel site Klook Technology Ltd. on Friday withdrew its application for a U.S. listing, nearly a year after the Hong Kong-based company filed its original prospectus. The company said…
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…
Trip.com warns of ongoing antitrust probe as quarterly profit plunges
Online travel agent Trip.com Group Ltd. (9961.HK; TCOM.US) on Thursday reported its revenue rose 17% year-over-year in the first quarter to 16.2 billion yuan ($2.4 billion). But its profit took…
China Travel Int’l spinoff spotlights its natural scenery and cultural tourism aspirations
After divesting its real estate business last year, the company continues to restructure with plans to spin off its HKM Culture Tourism unit for a separate Hong Kong listing Key…
Tongcheng’s rosy report fails to discuss the worrisome elephant in its house
The online travel agent’s revenue rose 14% in the first quarter, but its latest report lacked discussion of an anti-trust probe into Trip.com, its top stakeholder and a key supplier…
Atour celebrates ‘Year of the Pillow’ with fluffy revenue growth
The hotel operator expects to report 35% revenue growth for all of 2025, up from a 25% forecast at the start of the year, thanks to strong performance for its…
