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港股概念追踪 | 国庆长假将至 机构看好国内旅游市场韧性强(附概念股)

Hong Kong stock concept tracking | National Day holiday approaching, institutions are bullish on the strong resilience of the domestic tourism market (with concept stocks)

Zhitong Finance ·  Sep 25 10:07

Long-haul tours lead the National Day holiday, with Xinjiang and Chongqing becoming popular destinations during the National Day holiday.

The National Day holiday is approaching. Reporters have learned from multiple travel agencies that this year, long-distance trips are the main choice for booking trips during the National Day holiday, with xinjiang, chongqing and other places becoming popular tourist destinations, among which enjoying the autumn scenery has become a hot trend for domestic travel.

Staff members indicate that based on booking situation, the National Day travelers tend to be younger, and travel agencies have also introduced more leisurely and personalized travel products.

Industry insiders state that the average prices of air tickets and hotels during this year's National Day holiday have decreased. The overall price of outbound group tours has decreased by 20% to 30% year-on-year, with a significant increase in cost performance.

Data from Ctrip shows that as of September 23, during the National Day period, domestic parent-child travel orders have doubled compared to the previous week before the holiday. Parent-child hotel orders have more than tripled, theme park orders have increased by nearly 30%, with parent-child tourists accounting for 40%.

In the Yangtze River Delta region, parent-child theme park orders have more than tripled compared to the previous week before the holiday, parent-child travel orders have increased by 316%, and parent-child hotel orders have quadrupled.

In addition, since the beginning of this year, the number of domestic chartered tours has increased by 140% compared to 2019; the future compound annual growth rate of the outbound chartered tour market is estimated to exceed 30% in the next 3 years.

Against the backdrop of rapid growth in chartered tours, Ctrip recently launched the Travel Guide Platform for the first time in the industry. This platform will cover more than 2,000 destinations worldwide, providing systematic training certification, fair traffic distribution, order income protection, and more for nearly 100,000 guide personnel.

According to the datacenter of the Ministry of Culture and Tourism, there were 10.7 million domestic trips nationwide, with a 6.3% increase from the same period in 2019 using comparable data; the total expenditure of domestic tourists was 51.047 billion RMB, an 8% increase over the same period in 2019; per capita tourism consumption has recovered to 101.6% of the same period in 2019, exceeding the recovery levels of New Year's Day, Spring Festival, Qingming Festival, Labor Day, and Dragon Boat Festival, reaching a new high in terms of recovery.

Against the backdrop of a strong typhoon hitting the East China region during this year's Mid-Autumn Festival, it was still able to achieve a good recovery in both number of visitors and per capita consumption. China International Capital Corporation believes that domestic tourism shows relatively high resilience.

Tourism and hotel-related industry companies include:

Fosun Tourism (01992), Tongchengtravel (00780), Fosun Tourism Group-S (09961), and H World Group-S (01179), among others.

Macao's tourism-related enterprises include MGM China (02282), Sands China Ltd (01928), Galaxy Entertainment (00027), Melco Int'l Dev (00200), and Wynn Macau (01128).

mgm china (02282), sands china ltd (01928), galaxy ent (00027), melco int'l dev (00200), wynn macau (01128), etc.

The translation is provided by third-party software.


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