Accommodation Reservation PerformanceFor 1Q25, healthy revenue growth is expected, driven by strong performance in accommodation reservation business, supported by hotel room night growth and increased hotel take rate.
Earnings Growth OutlookAnalyst reiterates a positive view on Tongcheng Travel given its robust earnings growth outlook.
Operating EfficiencyThe operating profit margin of the core OTA business expanded significantly to 29.2%, indicating improved operational efficiency.
Revenue GrowthTongcheng Travel's core OTA business revenue growth was slightly ahead of consensus, driven by better-than-expected revenue growth in transportation ticketing business and Others.