Jingu Finance News | The concept of travel stocks is improving, with Egl Holdings (06882) rising by 5.45%, China Tourism Group Duty Free Corporation (01880) rising by 3.79%, Tongcheng Travel (00780) rising by 3.3%, and Ctrip Group (09961) rising by 2.07%.
Huachuang Securities stated that during the Mid-Autumn Festival travel, the trend of 'quantity over price' continues. The number of holiday travelers is still high, but domestic airfare, hotel prices, etc. have fallen slightly. It is worth noting that last year's Mid-Autumn Festival was on September 29, connected to the National Day holiday, so this year's 'quantity' year-on-year reading may be biased high, and the holiday consumption performance needs to be further observed in conjunction with the National Day data.
On other news, the 'Beijing Municipality's Implementation Opinions on Promoting the High-Quality Development of the Tourism Industry (Draft for Solicitation of Comments)' has been publicly soliciting opinions. It mentions the cultivation and strengthening of tourism market entities, accelerating the organizational transformation of tourism enterprises, enhancing the development momentum of the industry, promoting the growth and strength of state-owned tourism enterprises in Beijing, supporting state-owned enterprises in other industries to actively invest in tourism projects, and developing and strengthening online travel service providers. Actively attracting well-known domestic and foreign enterprises and leading enterprises in technology, culture, tourism, and other fields to invest in large-scale tourism industry projects, technology tourism demonstration projects, and cultural and creative park projects in Beijing. Encouraging local medium and large-sized cultural, technological, and advanced manufacturing enterprises to engage in cross-domain business operations in the tourism industry. Guiding small and medium-sized tourism enterprises to develop in a professional and characteristic manner, cultivating emerging market entities and industrial clusters with a certain scale and influence.
