Tongcheng Travel reported its Q3 2024 results on November 19. Revenue climbed 51.3% YoY to 4.99 billion RMB ($683 million), with an adjusted net profit of 910 million RMB ($124 million). The company benefitted from the expanding mass tourism market, with annual cumulative service users reaching 1.88 billion, up 19.9%, and per capita consumption rising by 15.9%. Core business revenue totaled 4.01 billion RMB ($548 million), with transportation and accommodation revenues growing by 20.6% and 22.2%, respectively. Tongcheng’s international business saw significant growth, with international flight ticket sales up 110% and hotel room nights up 130%.