Core Viewpoint - Citigroup's report indicates that Tongcheng Travel's Q2 performance meets market expectations, with anticipated acceleration in hotel revenue growth in the second half of the year due to further recovery in average daily room rates [1] Group 1: Financial Performance - Tongcheng Travel's Q2 results align with market forecasts, suggesting stable operational performance [1] - The company is expected to see a gradual increase in hotel revenue growth as average daily room rates recover [1] Group 2: Future Outlook - Citigroup has slightly adjusted its profit forecast for Tongcheng Travel, raising the target price from HKD 26 to HKD 28 [1] - The firm maintains a "Buy" rating, citing low valuation and the potential for accelerated growth in the hotel business [1]
大行评级｜花旗：上调同程旅行目标价至28港元 未来酒店业务增长有望加快