Quhuo's Homestay Sector Exceeded RMB12 Million in Sales During the Labor Day Holiday, Achieving Impressive Growth with Expert Strategies
Quhuo Limited - American Depository Shares (QH)
Company Research
Source: PR Newswire
BEIJING, May 26, 2023 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ( "Quhuo" or the "Company"), a leading gig economy platform focusing on local life services in China, witnessed outstanding results in its homestay sector. During the Labor Day holiday, its homestay sector operated by Chengtu Home ("Chengtu") recorded an impressive average daily occupancy rate of 95%, achieving a significant year-on-year growth of 265%.As a leading bed and breakfast ("B&B") brand in the country, Chengtu exceeded RMB12 million in sales revenue during the Labor Day Holiday. Cities covered by Chengtu, ranging from tier-one to tier-four, experienced full bookings, and popular tourist destinations in these cities achieved an impressive 100% occupancy rate.In April, Chengtu introduced a specialized housing operation management plan in anticipation of the surge in housing reservations during the upcoming holiday season. Among other things, Chengtu provided a timely reminder to both agents and landlords to adjus
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News
- Quhuo Full Year 2023 Earnings: EPS: CN¥0.60 (vs CN¥2.34 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Quhuo reports FY results [Seeking Alpha]Seeking Alpha
- Quhuo Announced the Unaudited Financial Results for the 2023H2 and Full Year: Second Growth Curve Broadens New Growth Space [Yahoo! Finance]Yahoo! Finance
- Quhuo Announced the Unaudited Financial Results for the 2023H2 and Full Year: Second Growth Curve Broadens New Growth SpacePR Newswire
- Quhuo Reports Unaudited Financial Results for the Second Half and Full Year 2023 [Yahoo! Finance]Yahoo! Finance
QH
Sec Filings
- 4/17/24 - Form 20-F
- 4/10/24 - Form SC
- 4/8/24 - Form SC
- QH's page on the SEC website