Meituan Reports 31% Rise in Consecutive Hotel Stays During National Day Holiday
Deep News
4 hours ago
On October 7, Meituan (HKEX: 03690) released its "2026 National Day Consumption Insight Report," which shows that orders for long-distance travel exceeding 800 kilometers increased 25% year-on-year, 31% of users stayed three days or more in a single destination, and the volume of consecutive hotel stay orders rose 31% year-on-year.
In addition, tourists' consumption needs at destinations have become more diverse and their experiences more in-depth, and they also tend to rely on AI search for one-stop solutions to their "dining, accommodation, transportation, sightseeing, shopping, and entertainment" needs; searches for Meituan (HKEX: 03690)'s AI assistant "Xiaotuan" climbed 29% quarter-on-quarter.
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