Moving forward, Eight World Group will keep leveraging our multi-brand portfolio, hotel operation expertise, and digital capabilities to steadily expand our brand network and capture accommodation demand brought by travelers.
Aug 17, 2026 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2026-08-17 | transcript f76561ed-b15d-48de-a1f6-d6831d3d3fbd | chars 4963-5188 | segment 5
In the first half of the year of 2026, the demand for travel documents for domestic travel is rising. According to the Ministry of Culture and Tourism, in the first half of the year, the number of domestic residents traveling is up to 34.6 billion people, which is 5.4% earlier than before. As the multi-nation policy continues to fall, the number of tourists entering the country is rising, which brings a new increase in domestic accommodation.
Aug 17, 2026 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2026-08-17 | transcript f76561ed-b15d-48de-a1f6-d6831d3d3fbd | chars 2347-2793 | segment 2
On the consumption structural front, the growth of total domestic travel spending moderated, up 2% year-over-year to RMB 3.2 trillion in the first half. This reflects new consumption characteristics among travelers, which are more frequent trips with more prudent standing decisions.
Aug 17, 2026 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2026-08-17 | transcript f76561ed-b15d-48de-a1f6-d6831d3d3fbd | chars 3340-3623 | segment 3
As the leading players in China's hotel industry, we will continue deepening our roots in the China market, pursuing high quality growth and delivering service excellence with a brand-led approach to reduce industry with centering on high quality and efficiency. We are full of confidence in the future development of China's hotel industry.
Nov 17, 2025 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2025-11-17 | transcript 71e9fd3b-8b81-49c0-9722-55aba7668e5e | chars 5379-5720 | segment 5
Moreover, our group's strong supply chain and modular construction capability, as well as our global leading membership and direct sales capability, will effectively support our GE Icons to reach low construction costs high operational efficiency, and high product quality. We believe GE Icons will become one of the big driving forces to support our penetration in the upper-mid-scale segment and has the potential to become another world-class brand after hunting GE Hotel and Orange Brand.
Nov 17, 2025 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2025-11-17 | transcript 71e9fd3b-8b81-49c0-9722-55aba7668e5e | chars 12136-12628 | segment 11
Compared to commercial travel, leisure tourism has maintained a stronger growth in 2024.
Mar 20, 2025 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2025-03-20 | transcript 60e8089e-ecee-4ffa-8924-4306e02434dd | chars 2403-2491 | segment 2
Although there were some still macro uncertainties and challenges in 2024, the overall domestic travel demand continued achieving steady growth, as suggested by some industry data and our operational results.
Mar 20, 2025 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2025-03-20 | transcript 60e8089e-ecee-4ffa-8924-4306e02434dd | chars 2763-2971 | segment 2
Leisure travel continued its strong growth momentum and outperformance of business travel.
Mar 20, 2025 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2025-03-20 | transcript 60e8089e-ecee-4ffa-8924-4306e02434dd | chars 3145-3235 | segment 3
Since last year, the business traveling has been recovering relatively slower due to weaker than expected macroeconomic. Nonetheless, our direct B2B business was growing quickly, which partially offset some recovery gaps from individual business travelers.
May 19, 2024 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2024-05-19 | transcript 5ae1c93a-1f9c-43ac-b830-3f860eb124d0 | chars 13357-13613 | segment 13
We believe that by continuing strengthening our direct B2B sales capability, we could better cope with the potential volatility of business traveling and achieve a more sustainable business development in the long run.
May 19, 2024 / CEO / receipt, needs a key / Jin Hui, CEO | earnings call 2024-05-19 | transcript 5ae1c93a-1f9c-43ac-b830-3f860eb124d0 | chars 13900-14118 | segment 14