Tongcheng Travel Holdings Ltd
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Tongcheng Travel Holdings Ltd
Revenue
Tongcheng Travel Holdings Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Tongcheng Travel Holdings Ltd
HKEX:780
|
Revenue
ÂĄ11.9B
|
CAGR 3-Years
26%
|
CAGR 5-Years
18%
|
CAGR 10-Years
N/A
|
||
Trip.com Group Ltd
HKEX:9961
|
Revenue
ÂĄ48.7B
|
CAGR 3-Years
34%
|
CAGR 5-Years
8%
|
CAGR 10-Years
23%
|
||
Huazhu Group Ltd
HKEX:1179
|
Revenue
ÂĄ21.9B
|
CAGR 3-Years
29%
|
CAGR 5-Years
17%
|
CAGR 10-Years
N/A
|
||
S
|
Shanghai Jin Jiang International Hotels Co Ltd
SSE:600754
|
Revenue
ÂĄ14.5B
|
CAGR 3-Years
9%
|
CAGR 5-Years
-1%
|
CAGR 10-Years
17%
|
|
BTG Hotels Group Co Ltd
SSE:600258
|
Revenue
ÂĄ7.8B
|
CAGR 3-Years
7%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
11%
|
||
A
|
Atour Lifestyle Holdings Ltd
NASDAQ:ATAT
|
Revenue
ÂĄ4.7B
|
CAGR 3-Years
44%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Tongcheng Travel Holdings Ltd
Glance View
Tongcheng Travel Holdings Ltd. has forged its path in the bustling online travel industry, seamlessly bridging the gap between China's tech-savvy travelers and an expansive network of travel services. Born from the fusion of Tongcheng Network and eLong in 2018, the company rapidly emerged as a formidable player within the travel sector. As a prominent online travel agency (OTA), it cleverly leverages technology to offer a comprehensive suite of travel services, ranging from transportation ticketing to accommodation and attraction bookings. Their platform, primarily designed for mobile users, capitalizes on engaging the digital consumer efficiently. By integrating itself with major super-apps like WeChat and Alipay, Tongcheng Travel expands its reach, tapping into the vast ecosystems that these digital giants command. Revenue generation for Tongcheng Travel is intricately tied to the volume and value of transactions conducted through its platform. The company primarily earns through service fees on hotel reservations, transportation tickets, and other travel-related bookings. Additionally, it benefits from various agreements with service providers and vendors, securing favorable terms that bolster its commission-based model. Its adept use of data analytics allows it to offer personalized travel solutions, thus enhancing user experience and improving conversion rates. Meanwhile, strategic partnerships and investments in AI technology have strengthened its position in the competitive landscape, enabling it to anticipate market changes and swiftly adapt its offerings, ensuring a steady flow of revenue amidst an ever-evolving travel industry.
See Also
What is Tongcheng Travel Holdings Ltd's Revenue?
Revenue
11.9B
CNY
Based on the financial report for Dec 31, 2023, Tongcheng Travel Holdings Ltd's Revenue amounts to 11.9B CNY.
What is Tongcheng Travel Holdings Ltd's Revenue growth rate?
Revenue CAGR 5Y
18%
Over the last year, the Revenue growth was 81%. The average annual Revenue growth rates for Tongcheng Travel Holdings Ltd have been 26% over the past three years , 18% over the past five years .