Hotels, Resorts and Cruise Lines

TONGCHENGTRAVEL

Tongcheng Travel and Zhihu Release Report: Museum Fever Shifts to Deep Experience, 'Small Town Big Museums' Emerges as Trend

Tongcheng Travel Releases 2026 Sportcation Trend Report: Search Heat Surges Over 180% Month-on-Month

TONGCHENGTRAVEL FY2026 Q1 Earnings Release on May 21 Pre-Market (BJT), Forecast Revenue HKD 5.606 B, EPS HKD 0.3649

Tongcheng Travel reports significant growth in May Day holiday travel data

Tongcheng Travel Releases Data on Significant Growth in Travel Heat on the First Day of the Holiday

May Day Holiday Sees Surge in Hong Kong Residents Booking High-Quality Hotels and Intra-Regional Travel

Tongcheng Travel Announces 2025 Annual Report Showcasing Business Growth

Smooth Progress in System Integration and Membership Interoperability between Tongcheng Business Travel and Wanda Hotels

Easter Booking Heat for May Day Holiday Continues to Rise

Trip.com Group Acquires Minority Stake in Swedish Outdoor Brand Haglöfs

Tongcheng Travel Signs Tripartite Cooperation Agreement with China United Airlines and Wanda Hotel

Cyberspace Administration and National Railway Administration Meet with Seven Platforms Including Ctrip to Ban Ticket Snatching

Two Departments Issue Rectification Requirements to Seven Third-Party Platforms for Ticket Booking Practices

Tongcheng Travel Releases 2026 Spring Holiday and Qingming Tourism Summary Report

Tongcheng Travel Reports Significant Profit Growth in 2025 Annual Results

CMBI Raises Target Price and Profit Forecast for Tongcheng Travel

UBS reports Tuniu's Q3 earnings beat expectations

Tongcheng Travel up 20% last year, shares rise 3.95%; Goldman Sachs raises target price

Cinda Langons Downgrades Tongcheng Travel's Profit Forecast and Target Price

CICC Raises Profit Forecast for Tongcheng Travel and Sees Future Growth

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FY2026 Q1 Earning Release Today 2026.05.21 Pre-Market

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HSBC Research reports that while travel demand in Mainland China remains strong during the May Day holiday, airfares have increased by 9.7% YoY due to high fuel surcharges. Average daily air passenger traffic fell by 5.7% YoY, while rail traffic rose by 4.6% YoY. The broker predicts the three major domestic airlines will incur losses in 2Q26, with potential losses widening by 38% for every 10% rise in fuel prices. Trip.com Group and TONGCHENGTRAVEL received Buy ratings, while AIR CHINA, CHINA EAST AIR, and CHINA SOUTH AIR were rated Reduce due to structural challenges.

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HSBC Research: Mainland Travel Demand Persists but Shifts to Rail; Big Three Airlines Expected to Post Losses in 2Q26

According to HopeGoo's May Day holiday travel forecast, bookings for high-quality hotels by Hong Kong residents surged nearly 50% year-on-year. Popular destinations include Mainland China, Macau, and Southeast Asian countries like Malaysia and Vietnam. Demand for consecutive-night stays increased by over 35%. Hotel bookings in Hong Kong also rose by 37%, particularly in commercial districts. This reflects a strong trend of travelers seeking deeper, high-quality experiences, while Hong Kong continues to attract visitors with its urban charm and tourism resources.

HopeGoo: HK Residents' Bookings for High-quality Hotels During May Day Holiday Jump Nearly 50% YoY

The Hong Kong Easter and Qingming holiday will form a 5-day long holiday, with flight bookings increasing nearly 4 times year-on-year and average prices rising by about 3%. Hotel bookings have surged over 8 times, with mid-to-high-end hotels accounting for more than 40%. April 3rd is expected to be the peak travel day, with popular destinations including Tokyo, Taipei, and Bangkok. The enthusiasm of mainland residents traveling to Hong Kong has significantly increased, with hotel bookings growing by nearly 30%. The consumption preferences of both places are complementary, and the consumption radius continues to expand

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TONGCHENGTRAVEL HopeGoo: Hong Kong Easter and Qingming Festival holiday flight bookings increased nearly 4 times year-on-year

In a report released yesterday, from Huatai Securities maintained a Buy rating on Tongcheng Travel Holdings Limited, with a price target of HK$29.90.Claim 30% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential In a report released today, DBS also maintained a Buy rating on the stock with a HK$24.50 price target.

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Tongcheng Travel Holdings Limited (0780) Gets a Buy from Huatai Securities

Citi Research report pointed out that TONGCHENGTRAVEL's performance in the fourth quarter of last year exceeded expectations, with revenue increasing by 14% year-on-year to RMB 4.8 billion, and adjusted net profit of RMB 780 million, with a profit margin of about 16%. Despite strong travel demand, the group needs to seek new growth points outside of its traditional OTA business. Citi has lowered TONGCHENG's target price to HKD 20, expecting the outbound tourism operating profit margin to rise to about 10% by 2026, but this may be offset by changes in hotel management and product mix, maintaining a "Hold" rating

In "The Big Banks," Citigroup lowers TONGCHENGTRAVEL's target price to 20 yuan, expecting the group to need new catalysts to drive valuation

JP Morgan released a report stating that TONGCHENGTRAVEL's performance in the fourth quarter of last year was stable but not surprising, with revenue increasing by 14% year-on-year and net profit margin rising to 16.1%. The bank believes that the performance has little impact on future profit forecasts, with market focus on the company's outlook and the progress of regulatory investigations. The report mentioned that regulators have issued warnings regarding competitive behavior among online travel platforms, which may put pressure on short-term market sentiment, but the impact on long-term profitability is limited. Morgan Stanley maintains a "Neutral" rating on TONGCHENGTRAVEL, with a target price of 25 yuan

JP Morgan stated that TONGCHENGTRAVEL lacks clear short-term catalysts and maintains a "Neutral" rating

TONGCHENGTRAVEL's stock price rose nearly 4% today, reaching a high of HKD 19.89, currently reported at HKD 19.49, with a trading volume of 3.2011 million shares. The company's revenue last year increased by 11.9% to RMB 19.396 billion, and net profit rose by 20.1% to RMB 2.371 billion, with a final dividend of HKD 0.25. Goldman Sachs raised the target price to HKD 29 and maintained a "Buy" rating, despite market concerns over antitrust investigations and AI threats

TONGCHENG's stock price rose nearly 4%, earning 20% more last year, Goldman Sachs raised its target price

TONGCHENGTRAVEL(00780.HK)