业绩回顾1Q25 非通用准则净利润高于一致预期公司公布1Q25 业绩：收入同增16%至138 亿元，符合一致预期；非通用准则净利润为42 亿元（净利润率30%），超出市场预期9%，主要系营销费用可控投入，汇兑损益、政府补贴超预期。发展趋势国内旅游需求稳健，酒店价格下滑有望收窄。1）国内酒店：1Q25 公司住宿预订收入55.4 亿元，同增23%，超市场预期1.4%；虽然1Q25 酒店ADR 下滑中高...
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