Ctrip: The number of hotel orders in third-, fourth- and fifth-tier cities increased by 34% compared with the Spring Festival period in 2019 – Teller Report

Securities Times e company news, on February 6, Ctrip released the “2022 Spring Festival Travel Summary Report”. The report shows that as of February 5, during the Spring Festival, the proportion of accommodation guests from third-tier, fourth-tier, and fifth-tier cities increased by 13% year-on-year, an increase of 34% compared with the 2019 Spring Festival. The order volume increased by 30% year-on-year. At the same time as the young people in small towns returned to their hometowns for the Chinese New Year, the order volume of the village hotels more than doubled compared with that during the Spring Festival last year.