Tongcheng Travel reported first-quarter 2025 revenue of 4.38 billion RMB ($610 million), up 13.2% YoY, with adjusted net profit rising 41.3% to 788 million RMB ($110 million). Annual active paying users hit a record 247 million, as mass-market travelers, particularly from China’s smaller cities, drove demand for affordable, convenient travel services. Transportation revenue grew 15.2% to 2 billion RMB ($279 million), while lodging income rose 23.3% to 1.19 billion RMB ($166 million), boosted by rising demand for mid-to-high-end hotels and international travel.