Published on November 26, 2025

In a dramatic turnaround driven by China’s rapidly evolving travel trends, Tongcheng Travel has posted an impressive 23% increase in profit, highlighting the explosive growth of the country’s tourism sector. Backed by Tencent and Trip.com, the company saw its profit soar to 985 million yuan (roughly $139 million) in the three months leading up to September 30, 2025. This remarkable growth came on the back of strong performances in ticketing and accommodation bookings, areas that are reflecting a broader shift in consumer behaviour. As China’s travel landscape undergoes a profound transformation towards more immersive and emotionally fulfilling travel experiences, Tongcheng’s growth is set to continue, with acquisitions and strategic leadership changes steering the company’s future.
Tongcheng Travel, one of China’s leading online travel platforms, reported a significant surge in profits for the third quarter of 2025. With a 23% year-on-year profit increase, reaching 985 million yuan from 803 million yuan, the company demonstrated its ability to capitalise on the ongoing transformation in China’s travel market. This growth was primarily driven by strong bookings in airline tickets and hotel reservations, both of which saw considerable gains, making up a major portion of the company’s 10.4% revenue increase, bringing it to 5.5 billion yuan. The tourism industry’s shifting dynamics, notably the growing consumer preference for immersive travel experiences, have become a key factor in this success.
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China’s travel market is in the midst of a remarkable transformation, with travelers now seeking deeper, more meaningful experiences. According to industry experts, there is a marked shift away from traditional tourism, with an increasing emphasis on experiences that foster emotional fulfilment and personal growth. This changing demand is creating new opportunities in the industry, and Tongcheng is at the forefront of this wave. The company’s growth is aligned with the nation’s larger plans, as the upcoming five-year plan reaffirms the central role of tourism in driving both economic and social development.
As consumer trends evolve, Tongcheng’s strong performance is a clear indicator that its ability to meet new expectations in travel is propelling it toward a stronger position in the market. The company’s record bookings in accommodation further underscore its adaptability and foresight in understanding where the market is headed. Additionally, Tongcheng’s strategic acquisitions are expected to bolster its competitive advantage moving forward.
In a bid to expand its portfolio and diversify its sources of growth, Tongcheng made headlines with its purchase of Wanda Hotel Management for approximately $340 million. This acquisition, made just last month, is seen as a key move in bolstering the company’s position in the highly competitive hotel management market. This deal signals the company’s ambition to diversify its services and offer more than just flight and hotel bookings. Instead, Tongcheng aims to provide comprehensive travel experiences that cater to the evolving preferences of modern travelers, particularly those seeking more personalised and immersive stays.
As part of its broader strategy, Tongcheng announced a leadership change that reflects the company’s future direction. James Liang, the co-chairman and chairman of Trip.com, resigned due to personal reasons, though he will continue as a non-executive director. In his place, Jiang Hao, who was previously a non-executive director, has taken up the role of co-chairman alongside Wu Zhixiang. This leadership reshuffle, while notable, is expected to steer the company through the next phase of growth. With new leadership at the helm, Tongcheng is primed to seize the emerging opportunities in China’s travel industry and continue its profitable trajectory.
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Looking ahead, Tongcheng is poised to maintain its upward trajectory, thanks to its robust position in China’s booming tourism sector. With its strategic investments, acquisitions, and leadership changes, the company is well-positioned to capitalise on emerging trends in the market. In particular, its focus on creating immersive travel experiences, as well as its expanding accommodation offerings, will likely prove to be strong growth drivers in the coming months.
Moreover, as China’s tourism industry continues to recover from the effects of the pandemic, businesses like Tongcheng, with its strong brand and technological capabilities, are set to ride the wave of economic recovery and tourism growth.
For travelers planning to visit China, the evolving landscape of the travel sector offers numerous exciting opportunities. Here are a few tips for anyone looking to explore China’s booming tourism scene:
Tongcheng Travel’s remarkable performance in the third quarter of 2025 showcases the growing importance of China’s tourism market, driven by shifting consumer preferences and the rising demand for immersive experiences. With strategic acquisitions and leadership changes in place, the company is well-positioned to expand its reach and continue capitalising on emerging trends. As the tourism landscape in China undergoes a profound shift, companies like Tongcheng will play a pivotal role in shaping the future of travel, offering personalised experiences to meet the evolving desires of modern travelers.
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Wednesday, November 26, 2025
Wednesday, November 26, 2025
Wednesday, November 26, 2025
Wednesday, November 26, 2025
Wednesday, November 26, 2025
Wednesday, November 26, 2025
Wednesday, November 26, 2025
Wednesday, November 26, 2025