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Meituan Travel: CN 2025 May Day Cultural & Tourism Activity Logs 3-Yr High; County High-Star Hotel Bookings Surge 80%
MEITUAN-W (03690.HK) soared 4.5% to close at HKD138.5 by midday. Meituan Travel released its 2025 May Day holiday consumption insights for dining, entertainment, and travel.Mainlan...
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Meituan Travel: CN 2025 May Day Cultural & Tourism Activity Logs 3-Yr High; County High-Star Hotel Bookings Surge 80%
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MEITUAN-W (03690.HK)  +3.800 (+2.734%)    Short selling $545.17M; Ratio 16.358%   soared 4.5% to close at HKD138.5 by midday. Meituan Travel released its 2025 May Day holiday consumption insights for dining, entertainment, and travel.

Mainland China’s May Day tourism surged, with high-star hotel bookings in county-level regions up 80% YoY. Since the start of 2025, the rise of county economies has drawn attention to these cost-effective destinations, such as Tonglu County, Zhejiang, Huaining County, Anhui, and Fengtai County, Anhui.

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According to Meituan Travel data, high-star hotel bookings in county areas during the 2025 May Day holiday shot up over 80% YoY.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-08 12:25.)

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