Tongcheng Travel Holdings Limited (780) Earnings Call Transcripts

Tongcheng Travel Holdings Limited's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Tongcheng Travel Holdings Limited reported revenue of RMB 5 billion, reflecting a 14.4% year-over-year increase, and an adjusted net profit of RMB 941 million, up 19.4% year-over-year. The company highlighted strong growth in its core OTA business, with revenue increasing 17.3% year-over-year to RMB 4.4 billion. Management maintained a positive outlook for the rest of the year, citing favorable government policies and a shift in consumer preferences towards experiential travel as key growth drivers.

Reported metrics

Guidance from management

Management maintains a positive outlook for the remainder of 2026, expecting continued growth driven by favorable government policies and a shift towards experiential travel. They will focus on enhancing their core OTA business and expanding their hotel management segment.

What management said

Thank you, operator. We are closing the call now. If you wish to check out our presentation and other financial information, please visit the IR section of our company website. Thank you, and [indiscernible]

What analysts pressed on

Analysts expressed concerns regarding the impact of rising airfares on travel demand and the potential challenges in the transportation segment. There were also questions about the increased marketing expenses and their effect on profitability moving forward.

Main topics on the call

• Strong Revenue Growth — Tongcheng Travel achieved revenue of RMB 5 billion for Q1 2026, a 14.4% increase year-over-year. Management stated, "We delivered another quarter of strong performance, laying a solid foundation for the rest of the year....
• Profitability Improvement — Adjusted net profit reached RMB 941 million, representing a 19.4% year-over-year growth. The company noted, "Our adjusted EBITDA increased by 19.8% year-over-year and reached RMB 1.4 billion."
• Market Positioning and Consumer Trends — Management emphasized a shift towards personalized, experiential travel, stating, "Younger travelers are increasingly willing to book trips exclusively for a single concept or a unique culinary experience."
• Hotel Management Growth — The hotel management business is evolving into a key growth driver, with revenue from this segment increasing significantly. Management expressed optimism, stating, "We remain highly optimistic about the growth prospects...

Read the full Tongcheng Travel Holdings Limited transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Tongcheng Travel Holdings Limited earnings call transcripts on record, spanning March 25, 2020 to May 21, 2026. Based on this history, Tongcheng Travel Holdings Limited reports quarterly. The most recent call on file is dated May 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

780

Exchange

SEHK

Country

HK

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

25

First call

March 25, 2020

Most recent

May 21, 2026

Reporting cadence

quarterly