International passenger volume was 0.16 million people, with a growth rate of more than 154% compared to the same period in 2023. In terms of product structure, operating income for products worth 10-30 billion yuan were 401/1288/60 million yuan, respectively.
As the summer peak season has passed, Hainan Airport Group, a subsidiary of Hainan Holdings, has achieved remarkable results in international transportation.
According to statistics, during the summer peak period from July 1st to July 31st, Hainan Airport Group's 11 airports operated approximately 0.032 million flights and transported 4.5 million passengers.
The three major airports on the island executed a total of approximately 0.027 million flights and transported 3.97 million passengers, a year-on-year increase of approximately 2%. Particularly noteworthy is that the international passenger volume was 0.16 million people, with a growth rate of more than 154% compared to the same period in 2023.
According to the Hainan Provincial Development and Reform Commission, during the first week of August 2024, the tourism consumer price index (TPI) in Hainan increased by 5.29% compared to last week. Among the TPI's seven categories, transportation, lodging, entertainment, and shopping price indexes rose by 11.19%, 9.07%, 0.53%, and 0.16%, respectively, while the ticket, dining, and boutique tourism price indexes remained basically unchanged from last week. It is expected that the TPI will maintain a slight fluctuation around the current level next week.
Hainan tourism-related companies:
Meilan Airport (00357): Hainan Airport Group's Haikou Meilan International Airport has launched its summer and autumn flight schedules, lasting 210 days (from March 31st to October 26th). It is estimated that Meilan Airport will operate approximately 0.122 million flights this summer and autumn, with an average of 560 domestic passenger flights per day, a year-on-year increase of 14.52%. A total of 43 airlines will operate at Meilan Airport, with 183 domestic and international passenger routes and 122 destinations, an increase of 27 routes and 29 destinations compared to the same period last year.
China Tourism Group Duty Free Corporation (01880): According to data from Haikou Customs, the offshore duty-free sales in Hainan in January-May 2024 were 16.9 billion yuan, a year-on-year decrease of 29%, with 3 million shoppers, a year-on-year decrease of 10%. The average per capita sales from January to May were 5,630 yuan, a year-on-year decrease of 22%, while the average per capita sales in Q4 2023 were 5,865 yuan. In terms of the sales structure, the proportion of high-end and cosmetics sales in January-May 2024 were 47% and 41%, respectively (45% and 41% in Q4 2023).
Fosun Tourism (01992): In the first half of 2024, Fosun Tourism is expected to achieve a year-on-year increase in tourism operating revenue (calculated at a fixed exchange rate) of not less than 8%. After excluding the one-time disposal of resort income, the profit attributable to shareholders of the company will increase by no less than 10% year-on-year, and the profit attributable to shareholders of the company will be no less than 0.3 billion yuan (there was a one-time income from the sale of Kemer Resort and after-sale leaseback of Les Bouncaniers Resort in the same period of 2023). The average daily room rate for Atlantis Sanya in the first half of the year was 2,500 yuan, a year-on-year decrease of 2.8%. This is mainly due to the proportion of the conference, incentive travel, large-scale corporate conference, and event exhibition business structure. The average occupancy rate was 95.0%, an increase of 0.8 percentage points compared with the same period in 2023.