Tongcheng Travel Q1 2026 Results: Revenue RMB5B, Adjusted Net Profit Up 19.4%

Tongcheng Travel reported Q1 2026 results: revenue up 14.4% YoY to RMB5,005.8 million, adjusted net profit up 19.4% to RMB941.1 million. APUs reached a record 253.9 million. Core OTA revenue grew 17.3%, with hotel management as a new growth driver. The company continues to deepen AI applications and announced management changes.