Tongcheng Travel Reports Solid Q4 and Full-Year 2025 Results

Tongcheng Travel announced Q4 and full-year 2025 results. Q4 revenue grew 14.2% YoY to RMB 4.84 billion, with adjusted net profit up 18.1%. Full-year revenue increased 11.9% to RMB 19.396 billion, and adjusted net profit grew 22.2%. Core OTA business grew 16%, with accommodation reservation revenue up 16.8%.