On February 21, the A-share tourism and hotel sector maintained a rising trend. As of the close, the tourism and hotel sector index reported 13029.84, an increase of 0.61%, and the turnover rate was 2.45%.
From the performance of individual stocks, Changbai Mountain Tourism Co.Ltd(603099) led the rise of 6.13%, with Guangzhou Lingnan Group Holdings Company Limited(000524) , Tempus Global Business Service Group Holding Ltd(300178) , Jinling Hotel Corporation Ltd(601007) rising by 3% – 4%, and Wuhan Sante Cableway Group Co.Ltd(002159) , Guilin Tourism Corporation Limited(000978) , Caissa Tosun Development Co.Ltd(000796) , Dalian Sunasia Tourism Holding Co.Ltd(600593) , China Cyts Tours Holding Co.Ltd(600138) , Shanghai Jin Jiang International Hotels Co.Ltd(600754) , Zhang Jia Jie Tourism Group Co.Ltd(000430) , Lijiang Yulong Tourism Co.Ltd(002033) , Xi’An Qujiang Cultural Tourism Co.Ltd(600706) rising by 0.7% – 1.64%.
On February 21, the performance of A-share tourism hotel sector. Figure / screenshot of China stock market news app
In terms of news, on February 18, the national development and Reform Commission and other departments jointly issued several policies on promoting the recovery and development of difficult industries in the service industry, and issued 43 relief measures in three aspects: inclusive support and relief measures, targeted support and relief measures and accurate implementation of epidemic prevention and control measures, including relief and support measures for tourism, We will not only continue to implement the policy of supporting travel agencies to withdraw the deposit for tourism service quality, but also allow provinces with large fund balances of unemployment insurance and work-related injury insurance to periodically implement the policy of delaying the payment of unemployment insurance and work-related injury insurance premiums for tourism enterprises, and encourage government organs, enterprises and institutions to formulate plans for trade union activities and exhibition activities that meet the regulations The organization and coordination shall be undertaken by travel agencies, and banking financial institutions shall be encouraged to reasonably increase the effective credit supply of tourism.
On the day of the policy release, the tourism and hotel sector changed the decline of the previous trading day (February 17) and closed with a rise of 0.83%. In fact, the hotel sector has performed well this year, especially in February. The tourism hotel sector has changed the “low temperature” trend in recent two years and maintained an increase for six consecutive trading days after the Spring Festival. Among them, the increase since Xi’An Qujiang Cultural Tourism Co.Ltd(600706) February has exceeded 30%, and the increase since Jiangsu Tianmu Lake Tourism Co.Ltd(603136) , Guangzhou Lingnan Group Holdings Company Limited(000524) , Huatian Hotel Group Co.Ltd(000428) , Caissa Tosun Development Co.Ltd(000796) February has exceeded 15%.
Some analysts pointed out that due to the good situation of epidemic prevention and control, the ice and snow tourism fever driven by the Winter Olympics and the favorable policies such as the 14th five year plan for tourism development, the tourism industry has ushered in a strong recovery momentum. Now, several policies on promoting the recovery and development of difficult industries in the field of service industry have been issued, and the “10 + 7 + n” policy combination fist has been played for the tourism industry. Dai bin, President of China Tourism Research Institute, believes that it can be expected that the tourism industry will enter the policy cycle with the highest level, the greatest strength and the most obvious effect since the epidemic, which will effectively promote the recovery process of the tourism market.
In addition, Minsheng Securities pointed out that the travel restriction policy caused by the local epidemic is a direct factor under the pressure of offline consumption formats such as scenic spots. The effective epidemic prevention system, the full deployment of vaccines, the approval and landing of specific drugs and the promotion of oral drug research and development can effectively boost consumers’ travel expectations. In addition, the favorable policies continue to help the rapid recovery of the industry, In the future, the demand side and performance side of offline consumption such as wine, tourism and catering are expected to achieve high elastic recovery.
