Core Insights - Tongcheng Travel reported a strong performance in Q1 2025, with revenue reaching 4.377 billion yuan, a year-on-year increase of 13.2%, and an adjusted net profit of 788 million yuan, indicating robust growth momentum [1] - The company served 1.96 billion users annually, with paid users hitting a record high of 247 million, reflecting the increasing consumer demand for travel [1] - The transportation segment saw a revenue increase of 15.2% to 2 billion yuan, while the accommodation segment grew by 23.3% to 1.19 billion yuan, driven by a surge in outbound travel from non-first-tier cities [1] Revenue Breakdown - International flight bookings increased by over 40%, and international hotel night stays rose by over 50%, showcasing significant growth in the international travel sector [1] - The company is focusing on enhancing the "first mile" and "last mile" of travel, creating a diverse product system to meet personalized user needs [1] Innovation and Technology - Tongcheng Travel is investing in AI applications, launching the AI agent DeepTrip, which enhances operational efficiency by closing the loop from "AI recommendation" to "AI decision execution + booking execution" [1] - The CEO emphasized the commitment to deepening engagement in the mass tourism market and actively developing AI capabilities to provide smarter and more efficient travel services [2]
同程旅行一季度营收43.77亿，AI赋能开启新征程