Core Insights - Priceline has launched its Cyber Week 2025 sale, which is the largest travel savings event of the year, offering significant discounts on various travel services [1][2][3] Group 1: Discounts and Offers - Travelers can access mystery coupons with discounts up to 99% off, alongside other offers such as 60% off vacation packages, 50% off select rental cars, and 30% off hotels [1][4] - The sale includes additional limited-time offers, such as up to $500 off packages to popular destinations like Mexico and Las Vegas, and $100 off hotels in major U.S. cities [4][5] - Exclusive Travel Tuesday hotel savings will be available through a partnership with Walt Disney World Resort, featuring discounted stays at select Disney Resorts Collection hotels [5] Group 2: Sale Timeline and Structure - The Cyber Week sale runs from November 10 to December 2, featuring early VIP access, Black Friday daily deals, and special offers on Cyber Monday and Travel Tuesday [2][3][11] - Daily deal drops will occur from November 24 to November 28, with specific discounts and codes for each day [9][10][14] Group 3: Technology and Customer Support - Priceline's proprietary deals engine analyzes billions of data points daily to negotiate the best travel deals, ensuring unique discounts for customers [4][14] - The company provides 24/7 customer support to assist travelers in booking their trips during the sale [3][15] Group 4: Future Promotions - Following Cyber Week, Priceline will continue to offer travel deals through its annual Season of Savings starting December 3 [13]

Summary of Key Points from the Travel & Leisure Industry Expert Call Industry Overview - The travel industry in China is experiencing healthy demand, particularly during the recent Golden Week holidays, with notable activity in both first-tier and lower-tier cities [1][3] - The hotel industry is seeing positive trends in Average Daily Rate (ADR) and Revenue Per Available Room (RevPar), with increases in the mid to high-single digits during the holidays [1][3] Core Insights - **Travel Demand**: Overall travel demand remains robust, with significant participation from families in lower-tier cities during the Mid-Autumn Festival [3] - **Hotel Performance**: Average occupancy rates for Jinjiang's hotels in tier-3 and below cities reached 91.7%, indicating strong performance in these areas [3] - **Supply Growth**: There is ongoing pressure on hotel RevPar due to continued supply growth, particularly from franchisees in the mid-to-upscale segments [1][9] - **OTA Competition**: The competition among Online Travel Agencies (OTAs) is described as benign, with smaller operators struggling to compete against larger players like TCOM, which holds a ~55% market share in hotel bookings [9] Recommendations - **Preferred Stocks**: The report recommends investments in hotel stocks such as H World and Atour, anticipating better RevPar trends due to reduced competition and slower supply growth [2] - **Macau Market**: Stocks like Sands China and Galaxy are favored due to expected benefits from wealth effects and low base comparisons for Gross Gaming Revenue (GGR) until the end of Q1 2026 [2] - **Air Travel**: Buy ratings are also given to TCOM and Air China, which are expected to benefit from an increase in long-haul outbound travel and rising airfares [2] Additional Insights - **Market Dynamics**: The expert noted a shift in outbound travel preferences from "tick-box travel" to more personalized small-group experiences, typically involving 9-12 people [8] - **Future Outlook**: The expert does not foresee the typical seasonal decline in travel demand post-Labor Day, attributing this to a modest recovery in business travel since September [8] - **OTA Market Share**: Fliggy has seen significant growth in market share, particularly in outbound travel, with a 48% increase in GMV and a 78% increase in domestic hotel room nights year-over-year during the Golden Week [9] Conclusion - The travel and leisure industry in China is poised for continued growth, supported by healthy demand and evolving consumer preferences. Investment opportunities exist in hotel stocks and OTAs, particularly those that can adapt to changing market dynamics and consumer behaviors [1][2][9]

Book The Perfect Hotel Near Your Favorite NFL Stadium https://t.co/Zv4LGVA7gY https://t.co/1NsHqlIXbc ...

Marketing Promotion - Company launched a promotion for TOKEN2049 attendees [1] - Users can enjoy an extra 4% off hotel bookings [1] - The promotion is accessible via Discover > Lifestyle > Hotels [1]

行业动态 - 报告提及预订靠近 NFL 体育场的酒店 [1] 市场营销 - 报告包含指向预订酒店的链接 [1]