Core Insights - Tongcheng Travel reported a record high of 253 million annual paying users and over 2 billion cumulative service users by the end of Q3 2025, driven by the growing consumption potential of the general tourism market [1][4] - The company achieved a revenue of 5.509 billion yuan in Q3 2025, marking a year-on-year growth of 10.4%, with transportation and accommodation revenues growing by 9% and 14.7% respectively [1][4] - Tongcheng Travel's MSCI ESG rating improved to the highest level of AAA, placing it among the top 5% globally, reflecting its commitment to sustainable development [1][5][6] Revenue Growth - The revenue growth in Q3 2025 was significantly supported by the increasing travel expenditure of non-first-tier city residents, with domestic travel spending reaching 4.85 trillion yuan in the first three quarters of 2025 [2] - The transportation business revenue reached 2.209 billion yuan, while accommodation revenue was 1.58 billion yuan, both showing positive year-on-year growth [4] User Engagement and Services - The number of service users reached 2.019 billion, a year-on-year increase of 7.3%, and the daily active users of the Tongcheng Travel app hit a historical peak before the National Day holiday in 2025 [4] - The "First Flight Care" service saw a more than 300% increase in users in August 2025, indicating a strong demand for services catering to first-time flyers [2][3] Strategic Partnerships and Innovations - Tongcheng Travel has established strategic partnerships with over 20 airports, enhancing its service offerings and integrating airline and airport resources to improve travel convenience [5][6] - The company is leveraging AI technology to provide personalized travel experiences, with its AI tool DeepTrip attracting millions of users since its launch [3][6] Sustainable Development Initiatives - The "New Traveler Public Welfare Program 2.0" aims to empower small and medium-sized hotels through technology and marketing support, benefiting thousands of hotels [6] - Tongcheng Travel has been recognized for its sustainable practices, being included in the S&P Global Sustainable Development Yearbook for three consecutive years and receiving the "Best Progress in Industry" award [6]
同程旅行发布2025年三季报：大众旅游市场发展迅速 年付费用户2.53亿