Quhuo (QH) announced the performance of its homestay sector, Chengtu Home, during the 2025 Labor Day holiday. The overall occupancy rate reached 82%, an approximately 4% increase compared to the same period last year. The single-day occupancy peak surpassed 90%, showing approximately 3% year-over-year growth. According to China’s Ministry of Culture and Tourism, domestic travel reached 314 million trips during the 2025 Labor Day holiday, up 6.4% from last year. As travel preferences become more diverse, many travelers are now seeking “slow-paced” and “immersive” experiences, focusing on local culture, landscapes, and lifestyles. In response to this trend, Chengtu has been upgrading its offerings and platform, and continually expanding its homestay offerings. With more flexible and personalized offerings, Chengtu aims to meet the diverse needs of travelers. Chengtu offers a variety of room types, including comfort care, E-sports, business travel, family-friendly, cinema, and serene comfort rooms, each designed for specific groups. For example, the family-friendly rooms are equipped with child-safe furniture, toys, and books, creating a safe and fun space for families. The cinema rooms are equipped with a viewing area with sofas and projection equipment, providing movie lovers with a private viewing experience. While upgrading the accommodation experience, Chengtu is also expanding its platform capabilities. In September 2024, Chengtu launched its self-developed WeChat mini-program, creating a seamless process from property search and communication to booking and payment. Users can easily filter properties based on location, distance and price, and directly communicate with hosts in real time. By leveraging its own platform, Chengtu aims to better understand user preferences and gradually improve the membership system for both hosts and users, with the goal of further enhancing the overall user experience. Chengtu’s next strategy is to open its platform to more domestic homestay hosts, offering standardized management tools and marketing support to help them improve efficiency. With continuous optimization and service upgrades, Quhuo believes it may attract more hosts over time.
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